Range Resources (FRA:RAX) Change In Inventory : €0 Mil (TTM As of Mar. 2024)

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What is Range Resources Change In Inventory?

Range Resources's change in inventory for the quarter that ended in Mar. 2024 was €0 Mil. It means Range Resources's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Range Resources's change in inventory for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Range Resources's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Range Resources's Total Inventories for the quarter that ended in Mar. 2024 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Range Resources's Days Inventory for the quarter that ended in Mar. 2024 was 0.00.

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

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. Range Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Range Resources Change In Inventory Historical Data

The historical data trend for Range Resources's Change In Inventory 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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Range Resources Change In Inventory Chart

Range Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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4.07

0.83

Range Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Range Resources Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Range Resources (FRA:RAX) Change In Inventory Explanation

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

Range Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	397.234	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	397.234	/	0
	=	N/A

3. 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.

Range Resources's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	550.869
	=	0.00

Range Resources Change In Inventory Related Terms

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Range Resources (FRA:RAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Range Resources Corp (FRA:RAX) » Definitions » Change In Inventory

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RRC:USA RAX:Germany

Address

100 Throckmorton Street, Suite 1200, Fort Worth, TX, USA, 76102

Website

https://www.rangeresources.com

Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2022, Range's proved reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.1 billion cubic feet equivalent per day. Natural gas accounted for 70% of production.