Granite Ridge Resources (Granite Ridge Resources) Change In Inventory : $0.0 Mil (TTM As of Mar. 2024)

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What is Granite Ridge Resources Change In Inventory?

Granite Ridge Resources's change in inventory for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Granite Ridge Resources's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Granite Ridge Resources's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Granite Ridge Resources's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Granite Ridge Resources's Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil.

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

Granite Ridge Resources Change In Inventory Historical Data

The historical data trend for Granite Ridge 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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Granite Ridge Resources Change In Inventory Chart

Granite Ridge Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Granite Ridge Resources Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Granite Ridge 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 $0.0 Mil.

Granite Ridge Resources (NYSE:GRNT) Change In Inventory Explanation

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

Granite Ridge 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	/	62.169	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	62.169	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	88.996
	=	0.00

Granite Ridge Resources Change In Inventory Related Terms

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Granite Ridge Resources (Granite Ridge Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Granite Ridge Resources Inc (NYSE:GRNT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

Y60:Germany

Address

5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205

Website

https://www.graniteridge.com

Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific US basins in partnership with proven operators.

Executives

Matthew Reade Miller	director	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Griffin Perry	director	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Thaddeus Darden	director	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
John Mccartney	director	US ROBOTICS INC, 8100 MCCORMICK BLVD, SKOKIE IL 60076
Tyler Farquharson	officer: Chief Financial Officer	12377 MERIT DRIVE, SUITE 1700, LB 82, DALLAS TX 75251
Kirk Lazarine	director	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Iii, Llc	10 percent owner	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Luke C Brandenberg	officer: President and CEO	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Michele J Everard	director	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Zoran Durkovic	officer: Chief Accounting Officer	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Gp Ii, Llc	10 percent owner	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Amanda N. Coussens	director	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Grey Rock Energy Fund Ii-b, Lp	10 percent owner	2911 TURTLE CREEK BLVD, SUITE 1150, DALLAS TX 75219
Grey Rock Energy Partners Gp Ii, L.p.	10 percent owner	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205
Grep Holdco Iii-b Holdings, Llc	10 percent owner	5217 MCKINNEY AVENUE, SUITE 400, DALLAS TX 75205