3R Petroleum Oleo E Gas (BSP:RRRP3) Change In Inventory : R$-704 Mil (TTM As of Mar. 2024)

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

What is 3R Petroleum Oleo E Gas Change In Inventory?

3R Petroleum Oleo E Gas's change in inventory for the quarter that ended in Mar. 2024 was R$-133 Mil. It means 3R Petroleum Oleo E Gas's inventory increased by R$133 Mil from Dec. 2023 to Mar. 2024 .

3R Petroleum Oleo E Gas's change in inventory for the fiscal year that ended in Dec. 2023 was R$-580 Mil. It means 3R Petroleum Oleo E Gas's inventory increased by R$580 Mil from Dec. 2022 to Dec. 2023 .

3R Petroleum Oleo E Gas's Total Inventories for the quarter that ended in Mar. 2024 was R$938 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. 3R Petroleum Oleo E Gas's Days Inventory for the quarter that ended in Mar. 2024 was 58.94.

Inventory Turnover measures how fast the company turns over its inventory within a year. 3R Petroleum Oleo E Gas's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.55.

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. 3R Petroleum Oleo E Gas's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

3R Petroleum Oleo E Gas Change In Inventory Historical Data

The historical data trend for 3R Petroleum Oleo E Gas'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.

* Premium members only.

3R Petroleum Oleo E Gas Change In Inventory Chart

3R Petroleum Oleo E Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-113.22

-580.18

3R Petroleum Oleo E Gas Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-8.38	-467.57	17.11	-121.34	-132.63

3R Petroleum Oleo E Gas 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-704 Mil.

3R Petroleum Oleo E Gas (BSP:RRRP3) Change In Inventory Explanation

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

3R Petroleum Oleo E Gas's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	876.1895	/	1356.479	*	365 / 4
	=	58.94

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

3R Petroleum Oleo E Gas's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1356.479	/	876.1895
	=	1.55

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.

3R Petroleum Oleo E Gas's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	876.1895	/	2007.601
	=	0.44

3R Petroleum Oleo E Gas Change In Inventory Related Terms

Thank you for viewing the detailed overview of 3R Petroleum Oleo E Gas's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

3R Petroleum Oleo E Gas (BSP:RRRP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » 3R Petroleum Oleo E Gas SA (BSP:RRRP3) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Visconde de Ouro Preto, number 5, Sala 601, Botafogo, Rio de Janeiro, RJ, BRA

Website

https://ri.3rpetroleum.com.br

3R Petroleum Oleo E Gas SA is engaged in the oil and gas sector with a focus on redevelopment of mature production fields located on land. Its purpose is to explore, produce, and sell oil and its derivatives, natural gas, and other fluid hydrocarbons.

3R Petroleum Oleo E Gas (BSP:RRRP3) Headlines

No Headlines