Bellatrix Exploration (STU:2BX2) Inventory Turnover : 0.00 (As of Sep. 2019)

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What is Bellatrix Exploration 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. Bellatrix Exploration's Cost of Goods Sold for the three months ended in Sep. 2019 was €32.0 Mil. Bellatrix Exploration's Average Total Inventories for the quarter that ended in Sep. 2019 was €0.0 Mil.

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

Bellatrix Exploration Inventory Turnover Historical Data

The historical data trend for Bellatrix Exploration'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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Bellatrix Exploration Inventory Turnover Chart

Bellatrix Exploration Annual Data

Trend

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Inventory Turnover

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Bellatrix Exploration Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Bellatrix Exploration Inventory Turnover Calculation

Bellatrix Exploration's Inventory Turnover for the fiscal year that ended in Dec. 2018 is calculated as

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	148.245	/ (	(0	+	0)	/	1 )
=	148.245	/	0
=	N/A

Bellatrix Exploration's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

	Inventory Turnover (Q: Sep. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2019 )	/ (	(Total Inventories (Q: Jun. 2019 )	+	Total Inventories (Q: Sep. 2019 ))	/	count )
=	31.978	/ (	(0	+	0)	/	1 )
=	31.978	/	0
=	N/A

Bellatrix Exploration (STU:2BX2) 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.

Bellatrix Exploration's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	0	/	31.978	*	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.

Bellatrix Exploration's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	0	/	25.649
	=	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.

Bellatrix Exploration Inventory Turnover Related Terms

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Bellatrix Exploration (STU:2BX2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bellatrix Exploration Ltd (STU:2BX2) » Definitions » Inventory Turnover

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Address

800 5th Avenue SW, Suite 1920, Calgary, AB, CAN, T2P 3T6

Website

http://www.bellatrixexploration.com

Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly economic investment that has the potential to add substantial reserves, production, and long-term economic value for its shareholders. Bellatrix derives revenue from the sale of petroleum and natural gas.

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