GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Denbury Inc (NYSE:DEN) » Definitions » Inventory Turnover

Denbury (Denbury) Inventory Turnover : 0.00 (As of Jun. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Denbury Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Denbury's Cost of Goods Sold for the three months ended in Jun. 2023 was $196 Mil. Denbury's Average Total Inventories for the quarter that ended in Jun. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Denbury's Days Inventory for the three months ended in Jun. 2023 was 0.00.

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. Denbury's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.


Denbury Inventory Turnover Historical Data

The historical data trend for Denbury's Inventory Turnover 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.

Denbury Inventory Turnover Chart

Denbury Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Denbury Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Inventory Turnover 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 - - - - -

Denbury Inventory Turnover Calculation

Denbury's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=726.808 / ((0 + 0) / 1 )
=726.808 / 0
=N/A

Denbury's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count )
=195.577 / ((0 + 0) / 1 )
=195.577 / 0
=N/A

* 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.


Denbury  (NYSE:DEN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Denbury's Days Inventory for the three 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
=0/195.577*365 / 4
=0.00

2. 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.

Denbury's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 328.093
=0.00

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Denbury Inventory Turnover Related Terms

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


Denbury (Denbury) Business Description

Traded in Other Exchanges
N/A
Address
5851 Legacy Circle, Plano, TX, USA, 75024
Denbury Inc is an independent energy company. Its operations are focused on two key operating areas: the Gulf Coast and Rocky Mountain regions. The company is differentiated by its focus on CO2 EOR and the emerging CCUS industry, supported by the company's CO2 EOR technical and operational expertise and its CO2 pipeline infrastructure. The revenue is generated from oil, natural gas, and related product sales.
Executives
Nicole H. Jennings officer: Vice President and CAO 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
David E Sheppard officer: EVP and COO 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
Cindy A Yeilding director 5851 LEGACY DRIVE, SUITE 1200, PLANO TX 75024
Goldentree Asset Management Lp 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Caroline Angoorly director 386 CAIRO JUNCTION ROAD, CATSKILL NY 12414
Steven A. Tananbaum 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Goldentree Asset Management Llc 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Brett Wiggs director 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
Anthony Abate director C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Mark C Allen officer: Sr. VP/CFO, Treas. & Ast. Sec. C/O DENBURY INC, 5851 LEGACY DRIVE, SUITE 1200, PLANO TX 75024
Alan Rhoades officer: VP & Chief Accounting Officer 5320 LEGACY DRIVE, PLANO TX 75024
James S. Matthews officer: SVP, General Counsel & Sec'y 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024
Christian S Kendall officer: President and CEO 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024