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Oil and Gas Exploration and Production AD (XBUL:NGAZ) Inventory-to-Revenue : 0.14 (As of Dec. 2022)


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What is Oil and Gas Exploration and Production AD 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. Oil and Gas Exploration and Production AD's Average Total Inventories for the quarter that ended in Dec. 2022 was лв7.23 Mil. Oil and Gas Exploration and Production AD's Revenue for the six months ended in Dec. 2022 was лв50.24 Mil. Oil and Gas Exploration and Production AD's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.14.

Oil and Gas Exploration and Production AD's Inventory-to-Revenue for the quarter that ended in Dec. 2022 declined from Dec. 2021 (0.21) to Dec. 2021 (0.14)

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. Oil and Gas Exploration and Production AD's Days Inventory for the six months ended in Dec. 2022 was 39.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oil and Gas Exploration and Production AD's Inventory Turnover for the quarter that ended in Dec. 2022 was 4.56.


Oil and Gas Exploration and Production AD Inventory-to-Revenue Historical Data

The historical data trend for Oil and Gas Exploration and Production AD'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.

Oil and Gas Exploration and Production AD Inventory-to-Revenue Chart

Oil and Gas Exploration and Production AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.22 0.33 0.21 0.14

Oil and Gas Exploration and Production AD Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 0.19 0.22 0.33 0.21 0.14

Competitive Comparison of Oil and Gas Exploration and Production AD's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Oil and Gas Exploration and Production AD'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.


Oil and Gas Exploration and Production AD's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oil and Gas Exploration and Production AD's Inventory-to-Revenue falls into.



Oil and Gas Exploration and Production AD 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.

Oil and Gas Exploration and Production AD'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 )
=( (6.922 + 7.541) / 2 ) / 50.238
=7.2315 / 50.238
=0.14

Oil and Gas Exploration and Production AD's Inventory-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (Q: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Revenue (Q: Dec. 2022 )
=( (6.922 + 7.541) / 2 ) / 50.238
=7.2315 / 50.238
=0.14

* 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.


Oil and Gas Exploration and Production AD  (XBUL:NGAZ) 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.

Oil and Gas Exploration and Production AD's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=7.2315/33.011*365 / 2
=39.98

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

Oil and Gas Exploration and Production AD's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=33.011 / 7.2315
=4.56

* 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.


Oil and Gas Exploration and Production AD Inventory-to-Revenue Related Terms

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Oil and Gas Exploration and Production AD (XBUL:NGAZ) Business Description

Traded in Other Exchanges
N/A
Address
2, Stefan Karadja Street, Sofia, BGR, 1080
Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.

Oil and Gas Exploration and Production AD (XBUL:NGAZ) Headlines

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