PTRC (Petro River Oil) Inventory Turnover: 0.00 (As of Oct. 2019)

What is Petro River Oil Inventory Turnover?

Petro River Oil PTRC -95.00% 12 Inventory Turnover is 0.00 as of Oct. 2019. GuruFocus rates PTRC 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. Petro River Oil's Cost of Goods Sold for the three months ended in Oct. 2019 was $0.19 Mil. Petro River Oil's Average Total Inventories for the quarter that ended in Oct. 2019 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petro River Oil's Days Inventory for the three months ended in Oct. 2019 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. Petro River Oil's Inventory-to-Revenue for the quarter that ended in Oct. 2019 was 0.00.

Petro River Oil (OTCPK:PTRC) 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.

Petro River Oil's Days Inventory for the three months ended in Oct. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2019 )	/	Cost of Goods Sold (Q: Oct. 2019 )	*	Days in Period
	=	0	/	0.194	*	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.

Petro River Oil's Inventory to Revenue for the quarter that ended in Oct. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2019 )	/	Revenue (Q: Oct. 2019 )
	=	0	/	0.271
	=	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.

Petro River Oil Inventory Turnover Related Terms

Petro River Oil Inventory Turnover Historical Data

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The historical data trend for Petro River Oil's Inventory Turnover can be seen below:

Petro River Oil Inventory Turnover Chart

Petro River Oil Annual Data

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Inventory Turnover

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Petro River Oil Quarterly Data
	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

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Petro River Oil Corp PTRC

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Petro River Oil Inventory Turnover Calculation

Petro River Oil's Inventory Turnover for the fiscal year that ended in Apr. 2019 is calculated as

	Inventory Turnover (A: Apr. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2019 )	/ (	(Total Inventories (A: Apr. 2018 )	+	Total Inventories (A: Apr. 2019 ))	/	count )
=	1.099	/ (	(0	+	0)	/	1 )
=	1.099	/	0
=	N/A

Petro River Oil's Inventory Turnover for the quarter that ended in Oct. 2019 is calculated as

	Inventory Turnover (Q: Oct. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Oct. 2019 )	/ (	(Total Inventories (Q: Jul. 2019 )	+	Total Inventories (Q: Oct. 2019 ))	/	count )
=	0.194	/ (	(0	+	0)	/	1 )
=	0.194	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Petro River Oil (PTRC) has a Inventory Turnover of 0.00 as of Oct. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Petro River Oil and its competitors.

Is Petro River Oil's Inventory Turnover too high?

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

How does Petro River Oil's Inventory Turnover compare to LRDC and COIL?

Petro River Oil's 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 Petro River Oil and its competitors. Petro River Oil'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 Petro River Oil stock overvalued right now?

Petro River Oil (PTRC) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Petro River Oil's 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 Petro River Oil (PTRC), the current Inventory Turnover is 0.00 as of Oct. 2019. 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.

Petro River Oil Business Description

Industry Energy Oil & Gas

Comparable Companies LRDC COIL ALTX SNECQ AREXQ SSNYY IFNY EXNT YUMAQ UPLCQ HKSE:00883 COP MIC:NVTK EOG TSE:8031 TSX:CNQ PXD HES ASX:WPL OXY

Address 55 5th Avenue, Suite 1702, New York, NY, USA, 10003

Website https://www.petroriveroil.com

Petro River Oil Corp is an independent energy company focused on the exploration and development of conventional oil and gas assets. It has diversification across multiple projects, each with low initial capital expenditures and strong risk-reward characteristics. The company's strategy is to identify, acquire and develop conventional oil and gas assets. The company's activities are focused on the North American and European continents.

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