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Paratus Energy Services (OSL:PLSV) Inventory Turnover : 0.00 (As of Dec. 2024)


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What is Paratus Energy Services 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. Paratus Energy Services's Cost of Goods Sold for the three months ended in Dec. 2024 was kr335 Mil. Paratus Energy Services's Average Total Inventories for the quarter that ended in Dec. 2024 was kr0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Paratus Energy Services's Days Inventory for the three months ended in Dec. 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. Paratus Energy Services's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Paratus Energy Services Inventory Turnover Historical Data

The historical data trend for Paratus Energy Services'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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Paratus Energy Services Inventory Turnover Chart

Paratus Energy Services Annual Data
Trend Dec22 Dec23 Dec24
Inventory Turnover
- - -

Paratus Energy Services Quarterly Data
Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Inventory Turnover Get a 7-Day Free Trial - - - - -

Paratus Energy Services Inventory Turnover Calculation

Paratus Energy Services's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=1278.004 / ((0 + 0) / 1 )
=1278.004 / 0
=N/A

Paratus Energy Services's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=335.49 / ((0 + 0) / 1 )
=335.49 / 0
=N/A

* 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.

Paratus Energy Services  (OSL:PLSV) 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.

Paratus Energy Services's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0/335.49*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.

Paratus Energy Services's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=0 / 522.871
=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.

Paratus Energy Services Inventory Turnover Related Terms

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Paratus Energy Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paratus Energy Services Ltd (OSL:PLSV) » Definitions » Inventory Turnover
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U6N:Germany
Address
14 Par-La-Ville Road, Par-La-Ville Place, Hamilton, BMU, HM 08
Website
https://www.paratus-energy.com
Paratus Energy Services Ltd is a holding company. Through its subsidiaries, It operates as a drilling contractor that owns and operates five jack-up drilling units located in Mexico. It owns five jack-up rigs: West Intrepid, West Defender, West Courageous, West Oberon, and West Titania. Its other subsidiaries have a business that owns and operates six multipurpose pipelaying service vessels (PLSV) and is an oilfield service company that specializes in drilling and well services.

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