Prosafe SE (OSL:PRS) Inventory-to-Revenue : 0.18 (As of Dec. 2023)

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What is Prosafe SE Inventory-to-Revenue?

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. Prosafe SE's Average Total Inventories for the quarter that ended in Dec. 2023 was kr53 Mil. Prosafe SE's Revenue for the three months ended in Dec. 2023 was kr294 Mil. Prosafe SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.

Prosafe SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.00) to Sep. 2023 (0.18)

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 revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Prosafe SE's Days Inventory for the three months ended in Dec. 2023 was 46.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Prosafe SE's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.98.

Prosafe SE Inventory-to-Revenue Historical Data

The historical data trend for Prosafe SE'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.

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Prosafe SE Inventory-to-Revenue Chart

Prosafe SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

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0.01

0.03

0.01

0.05

Prosafe SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.12	0.32	-	-	0.18

Competitive Comparison of Prosafe SE's Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Prosafe SE'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.

Prosafe SE's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Prosafe SE's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Prosafe SE's Inventory-to-Revenue falls into.

Prosafe SE Inventory-to-Revenue Calculation

Prosafe SE'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 )
=	( (47.424	+	52.747)	/	2 )	/	1012.742
=	50.0855					/	1012.742
=	0.05

Prosafe SE's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (0	+	52.747)	/	1 )	/	294.328
=	52.747					/	294.328
=	0.18

Prosafe SE (OSL:PRS) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, 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 revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Prosafe SE's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	52.747	/	104.439	*	365 / 4
	=	46.09

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

Prosafe SE's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	104.439	/	52.747
	=	1.98

Prosafe SE Inventory-to-Revenue Related Terms

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Prosafe SE (OSL:PRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

PRSEF:USA PRSo:Sweden 1Q6:Germany

Address

Forusparken 2, Stavanger, NOR, 4031

Website

https://www.prosafe.com

Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.