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Petro-Victory Energy (TSXV:VRY) Inventory-to-Revenue : 0.00 (As of Sep. 2023)


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What is Petro-Victory 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. Petro-Victory Energy's Average Total Inventories for the quarter that ended in Sep. 2023 was C$0.00 Mil. Petro-Victory Energy's Revenue for the three months ended in Sep. 2023 was C$0.41 Mil. Petro-Victory Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Petro-Victory Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 stayed the same from Jun. 2023 (0.00) to Jun. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Petro-Victory Energy's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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


Petro-Victory Energy Inventory-to-Revenue Historical Data

The historical data trend for Petro-Victory 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.

Petro-Victory Energy Inventory-to-Revenue Chart

Petro-Victory Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
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Petro-Victory Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Petro-Victory Energy's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Petro-Victory 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.


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

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

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



Petro-Victory Energy Inventory-to-Revenue Calculation

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-Victory Energy's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (0 + 0) / 1 ) / 2.079
=0 / 2.079
=0.00

Petro-Victory Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (0 + 0) / 1 ) / 0.41
=0 / 0.41
=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.


Petro-Victory Energy  (TSXV:VRY) 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.

Petro-Victory Energy's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/0.453*365 / 4
=0.00

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

Petro-Victory Energy's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.453 / 0
=

* 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.


Petro-Victory Energy Inventory-to-Revenue Related Terms

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Petro-Victory Energy (TSXV:VRY) Business Description

Traded in Other Exchanges
Address
5960 Berkshire Lane, 6th Floor, Dallas, TX, USA, 75225
Petro-Victory Energy Corp is an oil and gas company that is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. It also holds an interest in more than twenty licenses totaling around 164,000 acres in four different producing basins in Brazil.

Petro-Victory Energy (TSXV:VRY) Headlines

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