GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroTal Corp (TSX:TAL) » Definitions » Inventory-to-Revenue

PetroTal (TSX:TAL) Inventory-to-Revenue : 0.15 (As of Mar. 2024)


View and export this data going back to 1980. Start your Free Trial

What is PetroTal 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. PetroTal's Average Total Inventories for the quarter that ended in Mar. 2024 was C$19.8 Mil. PetroTal's Revenue for the three months ended in Mar. 2024 was C$133.5 Mil. PetroTal's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.15.

PetroTal's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.18) to Dec. 2023 (0.15)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PetroTal's Days Inventory for the three months ended in Mar. 2024 was 53.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. PetroTal's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.72.


PetroTal Inventory-to-Revenue Historical Data

The historical data trend for PetroTal'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.

PetroTal Inventory-to-Revenue Chart

PetroTal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.10 0.09 0.05 0.04

PetroTal Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.13 0.22 0.18 0.15

Competitive Comparison of PetroTal's Inventory-to-Revenue

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


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

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

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



PetroTal 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.

PetroTal'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 )
=( (18.711 + 17.162) / 2 ) / 415.429
=17.9365 / 415.429
=0.04

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

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (17.162 + 22.368) / 2 ) / 133.462
=19.765 / 133.462
=0.15

* 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.


PetroTal  (TSX:TAL) 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.

PetroTal's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=19.765/33.905*365 / 4
=53.19

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=33.905 / 19.765
=1.72

* 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.


PetroTal Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of PetroTal's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


PetroTal (TSX:TAL) Business Description

Industry
Traded in Other Exchanges
Address
16200 Park Row, Suite 310, Houston, TX, USA, 77084
PetroTal Corp is an oil and gas company. The company is engaged in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. It generates revenues from the sale of crude oil. The company's operation includes Block 95 - Bretana oil field and Block 107 - Osheki Prospect.
Executives
Eleanor Jean Barker Director

PetroTal (TSX:TAL) Headlines

From GuruFocus

TAL Education Group: Company Investigated by the Portnoy Law Firm

By sperokesalga sperokesalga 05-29-2023