Liberty Energy (Liberty Energy) Inventory-to-Revenue : 0.19 (As of Mar. 2024)

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What is Liberty Energy Inventory-to-Revenue?

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. Liberty Energy's Average Total Inventories for the quarter that ended in Mar. 2024 was $208 Mil. Liberty Energy's Revenue for the three months ended in Mar. 2024 was $1,073 Mil. Liberty Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

Liberty Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.19) to Dec. 2023 (0.19)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Liberty Energy's Days Inventory for the three months ended in Mar. 2024 was 20.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Liberty Energy's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.36.

Liberty Energy Inventory-to-Revenue Historical Data

The historical data trend for Liberty Energy's Inventory-to-Revenue 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.

* Premium members only.

Liberty Energy Inventory-to-Revenue Chart

Liberty Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.04

0.11

0.05

0.04

Liberty Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.16	0.17	0.17	0.19	0.19

Competitive Comparison of Liberty Energy's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Liberty Energy's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Liberty Energy's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Liberty Energy's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Liberty Energy's Inventory-to-Revenue falls into.

Liberty Energy Inventory-to-Revenue Calculation

Liberty Energy's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (214.454	+	205.865)	/	2 )	/	4747.928
=	210.1595					/	4747.928
=	0.04

Liberty Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (205.865	+	210.06)	/	2 )	/	1073.125
=	207.9625					/	1073.125
=	0.19

Liberty Energy (NYSE:LBRT) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Liberty Energy's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	207.9625	/	905.866	*	365 / 4
	=	20.95

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Liberty Energy's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	905.866	/	207.9625
	=	4.36

Liberty Energy Inventory-to-Revenue Related Terms

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Liberty Energy (Liberty Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Liberty Energy Inc (NYSE:LBRT) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

950 17th Street, Suite 2400, Denver, CO, USA, 80202

Website

https://www.libertyenergy.com

Liberty Energy is an oilfield services company that provides hydraulic fracturing services—mainly pressure pumping—in major basins throughout North America. Its 2020 acquisition of Schlumberger's OneStim business segment made Liberty one of the largest pressure pumpers in North America. It also added wireline operations, two Permian frac sand mines, and an expanded technological portfolio.

Executives

Christopher A Wright	director, officer: Chief Executive Officer	106 ALTA VISTA AVENUE, MILL VALLEY CA 94941
R Sean Elliott	officer: See Remarks	6565 MACARTHUR BLVD, SUITE 1050, IRVING TX 75039
Ron Gusek	officer: President	950 17TH STREET, SUITE 2000, DENVER CO 80202
Ken Babcock	director	950 17TH STREET, SUITE 2000, DENVER CO 80202
Ryan T Gosney	officer: Chief Accounting Officer	950 17TH STREET, SUITE 2000, DENVER CO 80202
Michael Stock	officer: Chief Financial Officer	950 17TH STREET, SUITE 2000, DENVER CO 80202
Limited/nv Schlumberger	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Audrey Robertson	director	BONANZA CREEK ENERGY, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Riverstone/carlyle Energy Partners Iv, L.p.	director, 10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Simon Ayat	director	C/O SCHLUMBERGER LIMITED, 5999 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
James R Mcdonald	director	13126 CONIFER RD, HOUSTON TX 77079
B.v. Schlumberger	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Holdings Corp	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Technology Corp	10 percent owner	300 SCHLUMBERGER DRIVE, MD 23, SUGAR LAND TX 77478
Brett Staffieri	director	950 17TH STREET, SUITE 2000, DENVER CO 80202