Strathcona Resources (TSX:SCR) Change In Inventory : C$0 Mil (TTM As of Mar. 2024)

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What is Strathcona Resources Change In Inventory?

Strathcona Resources's change in inventory for the quarter that ended in Mar. 2024 was C$0 Mil. It means Strathcona Resources's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Strathcona Resources's change in inventory for the fiscal year that ended in Dec. 2023 was C$0 Mil. It means Strathcona Resources's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Strathcona Resources's Total Inventories for the quarter that ended in Mar. 2024 was C$57 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Strathcona Resources's Days Inventory for the quarter that ended in Mar. 2024 was 5.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strathcona Resources's Inventory Turnover for the quarter that ended in Mar. 2024 was 17.09.

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. Strathcona Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.04.

Strathcona Resources Change In Inventory Historical Data

The historical data trend for Strathcona Resources'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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Strathcona Resources Change In Inventory Chart

Strathcona Resources Annual Data

Trend

Dec22

Dec23

Change In Inventory

Strathcona Resources Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Strathcona Resources 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 C$0 Mil.

Strathcona Resources (TSX:SCR) Change In Inventory Explanation

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

Strathcona Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	50.25	/	858.8	*	365 / 4
	=	5.34

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

Strathcona Resources's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	858.8	/	50.25
	=	17.09

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.

Strathcona Resources's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	50.25	/	1300.8
	=	0.04

Strathcona Resources Change In Inventory Related Terms

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Strathcona Resources (TSX:SCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strathcona Resources Ltd (TSX:SCR) » Definitions » Change In Inventory

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Traded in Other Exchanges

STHRF:USA YE2:Germany

Address

421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9

Website

https://www.strathconaresources.com

Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.