Strike Energy (ASX:STX) Change In Inventory : A$0.00 Mil (TTM As of Jun. 2024)

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What is Strike Energy Change In Inventory?

Strike Energy's change in inventory for the quarter that ended in Jun. 2024 was A$0.00 Mil. It means Strike Energy's inventory stayed the same from Dec. 2023 to Jun. 2024 .

Strike Energy's change in inventory for the fiscal year that ended in Jun. 2024 was A$0.00 Mil. It means Strike Energy's inventory stayed the same from Jun. 2023 to Jun. 2024 .

Strike Energy's Total Inventories for the quarter that ended in Jun. 2024 was A$4.89 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Strike Energy's Days Inventory for the quarter that ended in Jun. 2024 was 19.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strike Energy's Inventory Turnover for the quarter that ended in Jun. 2024 was 9.29.

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. Strike Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.07.

Strike Energy Change In Inventory Historical Data

The historical data trend for Strike Energy's Change In Inventory 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.

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Strike Energy Change In Inventory Chart

Strike Energy Annual Data

Trend

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Change In Inventory

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Strike Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Strike Energy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Strike Energy (ASX:STX) Change In Inventory Explanation

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

Strike Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.453	/	22.797	*	365 / 2
	=	19.64

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

Strike Energy's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.797	/	2.453
	=	9.29

3. 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.

Strike Energy's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.453	/	37.471
	=	0.07

Strike Energy Change In Inventory Related Terms

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Strike Energy Business Description

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STKKF:USA RJN:Germany

Address

40 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.strikeenergy.com.au

Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become the largest in the basin at 1,022 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production will generate material cash flows albeit to short five years life. The cash will regardless be useful for the undertaking additional projects with Strike targeting up to four gas fields being online by the end of 2026. In addition to Walyering, these include South Erregulla, West Erregulla and Ocean Hill. The more ambitious Project Haber, Strike's proposed multibillion dollar 1.4 million metric tons per year urea manufacturing facility, is now on the backburner.