Expro Group Holdings NV (Expro Group Holdings NV) Change In Inventory : $-4 Mil (TTM As of Mar. 2024)

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What is Expro Group Holdings NV Change In Inventory?

Expro Group Holdings NV's change in inventory for the quarter that ended in Mar. 2024 was $-17 Mil. It means Expro Group Holdings NV's inventory increased by $17 Mil from Dec. 2023 to Mar. 2024 .

Expro Group Holdings NV's change in inventory for the fiscal year that ended in Dec. 2023 was $11 Mil. It means Expro Group Holdings NV's inventory declined by $11 Mil from Dec. 2022 to Dec. 2023 .

Expro Group Holdings NV's Total Inventories for the quarter that ended in Mar. 2024 was $164 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Expro Group Holdings NV's Days Inventory for the quarter that ended in Mar. 2024 was 40.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. Expro Group Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.27.

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. Expro Group Holdings NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.40.

Expro Group Holdings NV Change In Inventory Historical Data

The historical data trend for Expro Group Holdings NV'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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Expro Group Holdings NV Change In Inventory Chart

Expro Group Holdings NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-6.80

2.78

0.91

-26.04

10.58

Expro Group Holdings NV Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										-2.38	0.94	0.85	11.16	-17.29

Expro Group Holdings NV 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 $-4 Mil.

Expro Group Holdings NV (NYSE:XPRO) Change In Inventory Explanation

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

Expro Group Holdings NV's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	153.825	/	348.633	*	365 / 4
	=	40.26

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

Expro Group Holdings NV's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	348.633	/	153.825
	=	2.27

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.

Expro Group Holdings NV's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	153.825	/	383.489
	=	0.40

Expro Group Holdings NV Change In Inventory Related Terms

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Expro Group Holdings NV (Expro Group Holdings NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Expro Group Holdings NV (NYSE:XPRO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

FK2:Germany

Address

1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084

Website

https://www.expro.com

Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

Executives

Michael C Kearney	director	3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Drummond Robert Wayne Jr	director	1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Oak Hill Advisors Lp	10 percent owner	1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Frances M Vallejo	director	1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Brian D. Truelove	director	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eileen Goss Whelley	director	ONE HARTFORD PLAZA, HARTFORD CT 06155
Lisa L Troe	director	12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
D. Keith Mosing	director, 10 percent owner, officer: See Remarks	10260 WESTHEIMER ROAD, HOUSTON TX 77042
Oak Hill Advisors Genpar, L.p.	10 percent owner	1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
John Lewis Mcalister	officer: General Counsel & Secretary	DAVIDSON HOUSE, 2ND FLOOR, READING BERKSHIRE X0 RG1 3EU
Michael Bentham	officer: Principal Accounting Officer	1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Michael Jardon	director, officer: President & CEO	1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Alistair Geddes	officer: Chief Operating Officer	LION HOUSE, DYCE AVENUE, DYCE, ABERDEEN X0 AB21 0LQ
Quinn P Fanning	officer: Chief Financial Officer	C/O TIDEWATER INC, 601 POYDRAS ST, STE 1900, NEW ORLEANS LA 70130
Glenn R August	10 percent owner	C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036