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Ultra Petroleum (Ultra Petroleum) Inventory-to-Revenue : 0.08 (As of Jun. 2020)


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What is Ultra Petroleum 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. Ultra Petroleum's Average Total Inventories for the quarter that ended in Jun. 2020 was $6.2 Mil. Ultra Petroleum's Revenue for the three months ended in Jun. 2020 was $81.8 Mil. Ultra Petroleum's Inventory-to-Revenue for the quarter that ended in Jun. 2020 was 0.08.

Ultra Petroleum's Inventory-to-Revenue for the quarter that ended in Jun. 2020 increased from Mar. 2020 (0.06) to Mar. 2020 (0.08)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ultra Petroleum's Days Inventory for the three months ended in Jun. 2020 was 9.86.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ultra Petroleum's Inventory Turnover for the quarter that ended in Jun. 2020 was 9.26.


Ultra Petroleum Inventory-to-Revenue Historical Data

The historical data trend for Ultra Petroleum'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.

Ultra Petroleum Inventory-to-Revenue Chart

Ultra Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.02 0.02

Ultra Petroleum Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.09 0.05 0.06 0.08

Competitive Comparison of Ultra Petroleum's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Ultra Petroleum'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.


Ultra Petroleum's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

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



Ultra Petroleum 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.

Ultra Petroleum'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 )
=( (18.757 + 9.008) / 2 ) / 742.032
=13.8825 / 742.032
=0.02

Ultra Petroleum's Inventory-to-Revenue for the quarter that ended in Jun. 2020 is calculated as

Inventory-to-Revenue (Q: Jun. 2020 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Revenue (Q: Jun. 2020 )
=( (5.943 + 6.512) / 2 ) / 81.761
=6.2275 / 81.761
=0.08

* 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.


Ultra Petroleum  (OTCPK:UPLCQ) 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.

Ultra Petroleum's Days Inventory for the three months ended in Jun. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=6.2275/57.654*365 / 4
=9.86

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

Ultra Petroleum's Inventory Turnover for the quarter that ended in Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2020 ) / Average Total Inventories (Q: Jun. 2020 )
=57.654 / 6.2275
=9.26

* 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.


Ultra Petroleum Inventory-to-Revenue Related Terms

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Ultra Petroleum (Ultra Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
116 Inverness Drive East, Suite 400, Englewood, CO, USA, 80112
Ultra Petroleum Corp is an independent oil and gas company. The company is engaged in the development, production, operation, exploration, and acquisition of oil and natural gas properties. It's Pinedale and Jonah Fields in southwest Wyoming's Green River Basin are two of the largest natural gas fields in the United States.
Executives
Kason Kerr officer: VP, Gen Counsel, Corp Secy C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
Scoggins Edward Andrew Jr. director C/O ULTRA PETROLEUM CORP, 400 NORTH SAM HOUSTON PKWY EAST, ST 1200, HOUSTON TX 77060
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
Mark T Solomon officer: VP, Chf Acctg Ofr, Controller C/O ULTRA PETROLEUM CORP., 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Stratton J. Jay Jr. officer: Sr VP, Chief Operating Officer C/O ULTRA PETROLEUM CORP. 116 EAST INVERNESS DRIVE, SUITE 400 ENGLEWOOD CO 80112
C Bradley Johnson director, officer: President and CEO C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
David W Honeyfield officer: Sr VP, Chief Financial Officer C/O ULTRA PETROLEUM CORP., 116 INVERNESS DRIVE EAST SUITE 400, ENGLEWOOD CO 80112
Fir Tree Inc. 10 percent owner 500 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10110
Michael J Keeffe director 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
James N Whyte officer: Sr VP, Chief HR Officer C/O ULTRA PETROLEUM CORP, 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Stephen James Mcdaniel director 363 N. SAM HOUSTON PARKWAY E., SUITE 1200, HOUSTON TX 77060
Alan J. Mintz director 555 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10017
A Kent Rogers officer: V.P., Drilling & Completions 400 N. SAM HOUSTON PARKWAY E. SUITE 1200 HOUSTON TX 77060
Maree K. Delgado officer: See Remarks 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112

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