POGS (Pioneer Oil & Gas) Inventory Turnover: 0.00 (As of Jun. 2005)


What is Pioneer Oil & Gas Inventory Turnover?

Pioneer Oil & Gas POGS Inventory Turnover is 0.00 as of Jun. 2005.

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. Pioneer Oil & Gas's Cost of Goods Sold for the three months ended in Jun. 2005 was $0.23 Mil. Pioneer Oil & Gas's Average Total Inventories for the quarter that ended in Jun. 2005 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pioneer Oil & Gas's Days Inventory for the three months ended in Jun. 2005 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. Pioneer Oil & Gas's Inventory-to-Revenue for the quarter that ended in Jun. 2005 was 0.00.

Pioneer Oil & Gas  (OTCPK:POGS) 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.

Pioneer Oil & Gas's Days Inventory for the three months ended in Jun. 2005 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2005 )/Cost of Goods Sold (Q: Jun. 2005 )*Days in Period
=0/0.233*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.

Pioneer Oil & Gas's Inventory to Revenue for the quarter that ended in Jun. 2005 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2005 ) / Revenue (Q: Jun. 2005 )
=0 / 2.741
=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.

Pioneer Oil & Gas Inventory Turnover Related Terms

Pioneer Oil & Gas Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Inventory Turnover Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Inventory Turnover
0.00 0.00 0.00 0.00 0.00

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Pioneer Oil & Gas Inventory Turnover Calculation

Pioneer Oil & Gas's Inventory Turnover for the fiscal year that ended in Sep. 2004 is calculated as

Inventory Turnover (A: Sep. 2004 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2004 ) / ((Total Inventories (A: Sep. 2003 ) + Total Inventories (A: Sep. 2004 )) / count )
=0.679 / ((0 + 0) / 1 )
=0.679 / 0
=N/A

Pioneer Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2005 is calculated as

Inventory Turnover (Q: Jun. 2005 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2005 ) / ((Total Inventories (Q: Mar. 2005 ) + Total Inventories (Q: Jun. 2005 )) / count )
=0.233 / ((0 + 0) / 1 )
=0.233 / 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Pioneer Oil & Gas (POGS) has a Inventory Turnover of 0.00 as of Jun. 2005. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pioneer Oil & Gas and its competitors.
Is Pioneer Oil & Gas' Inventory Turnover too high?
Pioneer Oil & Gas' current Inventory Turnover is 0.00.
How does Pioneer Oil & Gas' Inventory Turnover compare to ECT and TRNX?
Pioneer 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 Pioneer Oil & Gas and its competitors. Pioneer 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 Pioneer Oil & Gas stock overvalued right now?
Pioneer Oil & Gas (POGS) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Pioneer Oil & Gas (POGS), the current Inventory Turnover is 0.00 as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.