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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. Ascent Resources's Average Total Inventories for the quarter that ended in Jun. 2024 was €0.00 Mil. Ascent Resources's Revenue for the six months ended in Jun. 2024 was €0.00 Mil. Ascent Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.
Ascent Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ascent Resources's Days Inventory for the six months ended in Jun. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The historical data trend for Ascent Resources'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.
Ascent Resources Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Inventory-to-Revenue | Get a 7-Day Free Trial | 0.01 | - | - | - | - |
Ascent Resources Semi-Annual Data | ||||||||||||||||||||
Dec14 | Jun15 | Dec15 | Jun16 | Dec16 | Jun17 | Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | |
Inventory-to-Revenue | Get a 7-Day Free Trial | - | - | - | - | - |
For the Oil & Gas E&P subindustry, Ascent Resources'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.
For the Oil & Gas industry and Energy sector, Ascent Resources's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Ascent Resources's Inventory-to-Revenue falls into.
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.
Ascent Resources'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 ) |
= | ( (0 | + | 0) | / | 1 ) | / | 1.639 |
= | 0 | / | 1.639 | ||||
= | 0.00 |
Ascent Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as
Inventory-to-Revenue (Q: Jun. 2024 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Jun. 2024 )) | / | count ) | / | Revenue (Q: Jun. 2024 ) |
= | ( (0 | + | 0) | / | 1 ) | / | 0.001 |
= | 0 | / | 0.001 | ||||
= | 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.
Ascent Resources (FRA:A2N) 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 revenueLikewise, 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 revenueMore Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ascent Resources's Days Inventory for the six months ended in Jun. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Jun. 2024 ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | 0 | / | 0.032 | * | 365 / 2 | |
= | 0.00 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
Ascent Resources's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Jun. 2024 ) | / | Average Total Inventories (Q: Jun. 2024 ) |
= | 0.032 | / | 0 | |
= |
* 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.
Thank you for viewing the detailed overview of Ascent Resources's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
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