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United Oil & Gas (LSE:UOG) Inventory-to-Revenue : 0.04 (As of Jun. 2023)


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What is United Oil & Gas 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. United Oil & Gas's Average Total Inventories for the quarter that ended in Jun. 2023 was £0.26 Mil. United Oil & Gas's Revenue for the six months ended in Jun. 2023 was £6.00 Mil. United Oil & Gas's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.04.

United Oil & Gas's Inventory-to-Revenue for the quarter that ended in Jun. 2023 increased from Dec. 2022 (0.03) to Dec. 2022 (0.04)

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. United Oil & Gas's Days Inventory for the six months ended in Jun. 2023 was 14.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2023 was 12.74.


United Oil & Gas Inventory-to-Revenue Historical Data

The historical data trend for United Oil & Gas'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.

United Oil & Gas Inventory-to-Revenue Chart

United Oil & Gas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
Get a 7-Day Free Trial - - - - 0.01

United Oil & Gas Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only 0.01 0.01 0.02 0.03 0.04

Competitive Comparison of United Oil & Gas's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, United Oil & Gas'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.


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

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

* The bar in red indicates where United Oil & Gas's Inventory-to-Revenue falls into.



United Oil & Gas 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.

United Oil & Gas'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 )
=( (0.11 + 0.221) / 2 ) / 17.252
=0.1655 / 17.252
=0.01

United Oil & Gas's Inventory-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (Q: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Revenue (Q: Jun. 2023 )
=( (0.221 + 0.296) / 2 ) / 5.995
=0.2585 / 5.995
=0.04

* 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.


United Oil & Gas  (LSE:UOG) 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.

United Oil & Gas's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.2585/3.294*365 / 2
=14.32

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

United Oil & Gas's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=3.294 / 0.2585
=12.74

* 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.


United Oil & Gas Inventory-to-Revenue Related Terms

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United Oil & Gas (LSE:UOG) Business Description

Traded in Other Exchanges
Address
34-43 Lincoln’s Inn Fields, 2nd Floor, London, GBR, WC2A 3PA
United Oil & Gas PLC is engaged in the production and development exploration for crude oil petroleum and natural gas. The group operates in three geographic areas - the UK, Europe, Latin America, and Egypt. The Egypt segment generates the maximum revenue for the company.

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