HRST (Harvest Oil & Gas) Inventory Turnover: 0.00 (As of Sep. 2020)

What is Harvest Oil & Gas Inventory Turnover?

Harvest Oil & Gas HRST -10.06% 12 Inventory Turnover is 0.00 as of Sep. 2020. GuruFocus rates HRST with a GF Score™ of 12/100.

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. Harvest Oil & Gas's Cost of Goods Sold for the three months ended in Sep. 2020 was $7.01 Mil. Harvest Oil & Gas's Average Total Inventories for the quarter that ended in Sep. 2020 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harvest Oil & Gas's Days Inventory for the three months ended in Sep. 2020 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. Harvest Oil & Gas's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.00.

Harvest Oil & Gas (OTCPK:HRST) 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.

Harvest Oil & Gas's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2020 )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
	=	0	/	7.013	*	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.

Harvest Oil & Gas's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	0	/	7.478
	=	0.00

* 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.

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.

Harvest Oil & Gas Inventory Turnover Related Terms

Harvest Oil & Gas Inventory Turnover Historical Data

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The historical data trend for Harvest Oil & Gas's Inventory Turnover can be seen below:

Harvest Oil & Gas Inventory Turnover Chart

Harvest Oil & Gas Annual Data

Trend

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Inventory Turnover

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0.00

Harvest Oil & Gas Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

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Harvest Oil & Gas Corp HRST

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Harvest Oil & Gas Inventory Turnover Calculation

Harvest Oil & Gas's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	96.1	/ (	(0	+	0)	/	1 )
=	96.1	/	0
=	N/A

Harvest Oil & Gas's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

	Inventory Turnover (Q: Sep. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2020 )	/ (	(Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )
=	7.013	/ (	(0	+	0)	/	1 )
=	7.013	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Harvest Oil & Gas (HRST) has a Inventory Turnover of 0.00 as of Sep. 2020. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Harvest Oil & Gas and its competitors.

Is Harvest Oil & Gas' Inventory Turnover too high?

Harvest Oil & Gas' current Inventory Turnover is 0.00. Overall, Harvest Oil & Gas has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Harvest Oil & Gas' Inventory Turnover compare to LLEX and VKIN?

Harvest Oil & Gas' Inventory Turnover of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Harvest Oil & Gas and its competitors. Harvest Oil & Gas's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Harvest Oil & Gas stock overvalued right now?

Harvest Oil & Gas (HRST) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Harvest Oil & Gas' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Harvest Oil & Gas (HRST), the current Inventory Turnover is 0.00 as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Harvest Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies LLEX VKIN ROSE CHKR CKX SNDE LONE RSRV SPND NRIS HKSE:00883 COP MIC:NVTK EOG TSE:8031 TSX:CNQ PXD HES ASX:WPL OXY

Address 1001 Fannin Street, Suite 300, Houston, TX, USA, 77002

Website https://www.hvstog.com

Harvest Oil & Gas Corp is engaged in the acquisition, development, and production of oil and natural gas properties.

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