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Harbour Energy (LSE:HBR) Inventory-to-Revenue : 0.11 (As of Dec. 2023)


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What is Harbour Energy 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. Harbour Energy's Average Total Inventories for the quarter that ended in Dec. 2023 was £148 Mil. Harbour Energy's Revenue for the six months ended in Dec. 2023 was £1,362 Mil. Harbour Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.11.

Harbour Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.08) to Jun. 2023 (0.11)

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. Harbour Energy's Days Inventory for the six months 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.


Harbour Energy Inventory-to-Revenue Historical Data

The historical data trend for Harbour Energy'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.

Harbour Energy Inventory-to-Revenue Chart

Harbour Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.07 0.05 0.03 0.05

Harbour Energy Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.10 0.08 0.07 0.08 0.11

Competitive Comparison of Harbour Energy's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Harbour Energy'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.


Harbour Energy's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

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



Harbour Energy 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.

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

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (117.403 + 158) / 2 ) / 2934.85
=137.7015 / 2934.85
=0.05

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

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (137.966 + 158) / 2 ) / 1361.723
=147.983 / 1361.723
=0.11

* 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.


Harbour Energy  (LSE:HBR) 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.

Harbour Energy's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*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 (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=894.833 / 147.983
=6.05

* 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.


Harbour Energy Inventory-to-Revenue Related Terms

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Harbour Energy (LSE:HBR) Business Description

Traded in Other Exchanges
Address
23 Lower Belgrave Street, London, GBR, SW1W ONR
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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