Harbour Energy (LSE:HBR) Change In Inventory : £-41 Mil (TTM As of Dec. 2023)

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What is Harbour Energy Change In Inventory?

Harbour Energy's change in inventory for the quarter that ended in Dec. 2023 was £-21 Mil. It means Harbour Energy's inventory increased by £21 Mil from Jun. 2023 to Dec. 2023 .

Harbour Energy's change in inventory for the fiscal year that ended in Dec. 2023 was £-41 Mil. It means Harbour Energy's inventory increased by £41 Mil from Dec. 2022 to Dec. 2023 .

Harbour Energy's Total Inventories for the quarter that ended in Dec. 2023 was £158 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harbour Energy's Days Inventory for the quarter that ended in Dec. 2023 was 30.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Harbour Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.05.

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. Harbour Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Harbour Energy Change In Inventory Historical Data

The historical data trend for Harbour Energy'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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Harbour Energy Change In Inventory Chart

Harbour Energy Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-8.33

-9.78

53.37

-41.08

Harbour Energy Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			17.15	-18.19	71.76	-20.28	-20.86

Harbour Energy 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-41 Mil.

Harbour Energy (LSE:HBR) Change In Inventory Explanation

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

Harbour Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	147.983	/	894.833	*	365 / 2
	=	30.18

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

Harbour Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	894.833	/	147.983
	=	6.05

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.

Harbour Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	147.983	/	1361.723
	=	0.11

Harbour Energy Change In Inventory Related Terms

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Harbour Energy (LSE:HBR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Harbour Energy PLC (LSE:HBR) » Definitions » Change In Inventory

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PMOIF:USA HBRIY:USA HBRl:UK PQQ0:Germany

Address

23 Lower Belgrave Street, London, GBR, SW1W ONR

Website

https://www.harbourenergy.com

Harbour Energy PLC is an independent oil and gas company, producing over 200,000 barrels of oil equivalent per day from the North Sea and South East Asia. It has a lower carbon intensity than the average UK oil and gas producer.

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