Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Inventory-to-Revenue : 0.13 (As of Sep. 2020)

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What is Oasis Petroleum (OLD) 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. Oasis Petroleum (OLD)'s Average Total Inventories for the quarter that ended in Sep. 2020 was $36 Mil. Oasis Petroleum (OLD)'s Revenue for the three months ended in Sep. 2020 was $271 Mil. Oasis Petroleum (OLD)'s Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.13.

Oasis Petroleum (OLD)'s Inventory-to-Revenue for the quarter that ended in Sep. 2020 declined from Jun. 2020 (0.21) to Jun. 2020 (0.13)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oasis Petroleum (OLD)'s Days Inventory for the three months ended in Sep. 2020 was 24.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oasis Petroleum (OLD)'s Inventory Turnover for the quarter that ended in Sep. 2020 was 3.78.

Oasis Petroleum (OLD) Inventory-to-Revenue Historical Data

The historical data trend for Oasis Petroleum (OLD)'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.

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Oasis Petroleum (OLD) Inventory-to-Revenue Chart

Oasis Petroleum (OLD) Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Inventory-to-Revenue

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0.02

0.01

0.02

Oasis Petroleum (OLD) Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Inventory-to-Revenue	Get a 7-Day Free Trial															0.07	0.07	0.09	0.21	0.13

Competitive Comparison of Oasis Petroleum (OLD)'s Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Oasis Petroleum (OLD)'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.

Oasis Petroleum (OLD)'s Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oasis Petroleum (OLD)'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Oasis Petroleum (OLD)'s Inventory-to-Revenue falls into.

Oasis Petroleum (OLD) Inventory-to-Revenue Calculation

Oasis Petroleum (OLD)'s Inventory-to-Revenue for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory-to-Revenue (A: Dec. 2019 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Revenue (A: Dec. 2019 )
=	( (33.128	+	35.259)	/	2 )	/	2071.744
=	34.1935					/	2071.744
=	0.02

Oasis Petroleum (OLD)'s Inventory-to-Revenue for the quarter that ended in Sep. 2020 is calculated as

	Inventory-to-Revenue (Q: Sep. 2020 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )	/	Revenue (Q: Sep. 2020 )
=	( (36.92	+	35.736)	/	2 )	/	271.059
=	36.328					/	271.059
=	0.13

Oasis Petroleum (OLD) (OTCPK:OASPQ) 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:

More Related Terms:

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

Oasis Petroleum (OLD)'s Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2020 )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
	=	36.328	/	137.359	*	365 / 4
	=	24.13

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

Oasis Petroleum (OLD)'s Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2020 )	/	Average Total Inventories (Q: Sep. 2020 )
	=	137.359	/	36.328
	=	3.78

Oasis Petroleum (OLD) Inventory-to-Revenue Related Terms

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Oasis Petroleum (OLD) (Oasis Petroleum (OLD)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oasis Petroleum Inc (OLD) (OTCPK:OASPQ) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002

Website

https://www.oasispetroleum.com

Oasis Petroleum is an independent oil and gas producer in the United States. The company operates exclusively in the Williston Basin. At the end of 2018, the company reported net proven reserves of 321 million barrels of oil equivalent. Net production averaged 83,000 barrels of oil equivalent per day in 2018, at a ratio of 77% oil and 23% natural gas and NGLs.

Executives

Paula D Polito	director	15747 VILLORESI WAY, NAPLES FL 34110
John E Hagale	director	1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Thomas B Nusz	director, officer: Chairman and CEO	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Taylor L Reid	director, officer: President and COO	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
William J. Cassidy	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Nickolas J Lorentzatos	officer: Executive VP, GC & Corp. Sec.	1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Bobby S Shackouls	director	5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Michael H Lou	officer: Executive VP and CFO	1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Michael Mcshane	director	1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Encap Energy Capital Fund Viii, L.p.	10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Energy Capital Fund Viii Co-investors, L.p.	10 percent owner	1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Encap Vi-b Acquisitions, L.p.	10 percent owner	1100 LOUISIANA, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vii Lp	10 percent owner	1100 LOUISIANA STREET, SUITE 3150, HOUSTON TX 77002
Encap Energy Capital Fund Vi L P	10 percent owner	1100 LOUISIANA ST SUITE 3150, HOUSTON TX 77002
Encap Partners Gp, Llc	10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024