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PostRock Energy (PostRock Energy) Inventory Turnover : 7.17 (As of Sep. 2015)


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What is PostRock Energy 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. PostRock Energy's Cost of Goods Sold for the three months ended in Sep. 2015 was $8.68 Mil. PostRock Energy's Average Total Inventories for the quarter that ended in Sep. 2015 was $1.21 Mil. PostRock Energy's Inventory Turnover for the quarter that ended in Sep. 2015 was 7.17.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PostRock Energy's Days Inventory for the three months ended in Sep. 2015 was 12.73.

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. PostRock Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2015 was 0.11.


PostRock Energy Inventory Turnover Historical Data

The historical data trend for PostRock Energy'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.

PostRock Energy Inventory Turnover Chart

PostRock Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Inventory Turnover
Get a 7-Day Free Trial - 12.02 31.61 42.73 42.41

PostRock Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 11.02 9.05 9.01 7.72 7.17

PostRock Energy Inventory Turnover Calculation

PostRock Energy's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Inventory Turnover (A: Dec. 2014 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2014 ) / ((Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count )
=40.885 / ((0.886 + 1.042) / 2 )
=40.885 / 0.964
=42.41

PostRock Energy's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

Inventory Turnover (Q: Sep. 2015 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2015 ) / ((Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count )
=8.676 / ((1.242 + 1.178) / 2 )
=8.676 / 1.21
=7.17

* 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.


PostRock Energy  (OTCPK:PSTRQ) 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.

PostRock Energy's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2015 )/Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=1.21/8.676*365 / 4
=12.73

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.

PostRock Energy's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=1.21 / 10.663
=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.


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.


PostRock Energy Inventory Turnover Related Terms

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PostRock Energy (PostRock Energy) Business Description

Traded in Other Exchanges
N/A
Address
210 Park Avenue, Oklahoma, OK, USA, 73102
PostRock Energy Corp together with its subsidiaries is an independent oil and gas company. The company is engaged in acquisition, exploration, development, production and gathering of crude oil and natural gas.
Executives
Duke R Ligon director 2800 WEST COUNTRY CLUB DRIVE, SUITE E, OKLAHOMA CITY OK 73116
Alexander P Lynch director BIOFUEL ENERGY CORP., 1600 BROADWAY SUITE 2200, DENVER CO 80202
Ben A Guill 10 percent owner 600 TRAVIS, SUITE 6000, HOUSTON TX 77002
Edelman & Guill Energy L.p. director, 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
Edelman & Guill Energy Ltd. 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
White Deer Energy Fi, L.p. 10 percent owner 700 LOUISIANA STREET, SUITE 4770, HOUSTON TX 77002
White Deer Energy Te L.p. 10 percent owner 700 LOUISIANA STREET, HOUSTON TX 77002
White Deer Energy L.p. 10 percent owner 700 LOUISIANA STREET, HOUSTON TX 77002
Thomas J Edelman 10 percent owner 777 MAIN STREET SUITE 2500, FORT WORTH TX 76102
J Philip Mccormick director
Daniel L Spears director C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206
Jack T Collins officer: EVP & CFO 210 PARK AVENUE SUITE 2750 OKLAHOMA CITY OK 73102
Constellation Energy Group Inc 10 percent owner 100 CONSTELLATION WAY, BALTIMORE MD 21202
David C Lawler director, officer: CEO and President 9520 NORTH MAY STREET, SUITE 300, OKLAHOMA CITY OK 73120
Gary M Pittman director C/O FLOTEK INDUSTRIES, INC., 2930 W. SAM HOUSTON PARKWAY N., STE. 300, HOUSTON, TX 77043

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