GPOR (Gulfport Energy) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Gulfport Energy Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Gulfport Energy's Cost of Goods Sold for the three months ended in Sep. 2024 was $101.0 Mil. Gulfport Energy's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gulfport Energy's Days Inventory for the three months ended in Sep. 2024 was 0.00.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Gulfport Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Gulfport Energy Inventory Turnover Historical Data

The historical data trend for Gulfport Energy's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Gulfport Energy Inventory Turnover Chart

Gulfport Energy Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Gulfport Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Gulfport Energy Inventory Turnover Calculation

Gulfport Energy's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	388.363	/ (	(0	+	0)	/	1 )
=	388.363	/	0
=	N/A

Gulfport Energy's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	101.043	/ (	(0	+	0)	/	1 )
=	101.043	/	0
=	N/A

Gulfport Energy (NYSE:GPOR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Gulfport Energy's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	101.043	*	365 / 4
	=	0.00

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Gulfport Energy's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	215.946
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Gulfport Energy Inventory Turnover Related Terms

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Gulfport Energy Business Description

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G2U0:Germany

Address

713 Market Drive, Oklahoma City, OK, USA, 73114

Website

https://www.gulfportenergy.com

Gulfport Energy Corp is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States. It operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.

Executives

Silver Point Capital L.p.	director, 10 percent owner	TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Jason Joseph Martinez	director	1 TOKENEKE TRAIL, HOUSTON TX 77024
Matthew Willrath	officer: VP & CAO	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
David D Wolf	director	5221 N. O'CONNOR BOULEVARD, 11TH FLOOR, IRVING TX 75039
Patrick K. Craine	officer: General Counsel and Corp. Sec.	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Michael Sluiter	officer: SVP of Reservoir Engineering	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Lester Zitkus	officer: SVP, Land	713 MARKET DR, OKLAHOMA CITY OK 73114
Jean Marie Powers	director	2507 LOCKE LANE, HOUSTON TX 77019
Robert J O'shea	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Edward A Mule	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Mary Shafer-malicki	director	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Michael L Hodges	officer: EVP & CFO	C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Matthew Rucker	officer: SVP, Operations	713 MARKET DR, OKLAHOMA CITY OK 73114
John K. Reinhart	director, officer: President & CEO	713 MARKET DR, OKLAHOMA CITY OK 73114
Robert John Moses	officer: SVP, Operations & Drilling	3001 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134