Riley Exploration Permian (Riley Exploration Permian) Inventory-to-Revenue : 0.06 (As of Mar. 2024)

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What is Riley Exploration Permian 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. Riley Exploration Permian's Average Total Inventories for the quarter that ended in Mar. 2024 was $6.3 Mil. Riley Exploration Permian's Revenue for the three months ended in Mar. 2024 was $99.7 Mil. Riley Exploration Permian's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.06.

Riley Exploration Permian's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.07) to Dec. 2023 (0.06)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Riley Exploration Permian's Days Inventory for the three months ended in Mar. 2024 was 13.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Riley Exploration Permian's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.73.

Riley Exploration Permian Inventory-to-Revenue Historical Data

The historical data trend for Riley Exploration Permian'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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Riley Exploration Permian Inventory-to-Revenue Chart

Riley Exploration Permian Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Sep21

Dec22

Dec23

Inventory-to-Revenue

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0.09

0.13

0.03

0.02

Riley Exploration Permian Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial															0.13	0.09	0.08	0.07	0.06

Competitive Comparison of Riley Exploration Permian's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, Riley Exploration Permian'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.

Riley Exploration Permian's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Riley Exploration Permian's Inventory-to-Revenue falls into.

Riley Exploration Permian Inventory-to-Revenue Calculation

Riley Exploration Permian'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 )
=	( (8.886	+	6.177)	/	2 )	/	375.047
=	7.5315					/	375.047
=	0.02

Riley Exploration Permian's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (6.177	+	6.351)	/	2 )	/	99.744
=	6.264					/	99.744
=	0.06

Riley Exploration Permian (AMEX:REPX) 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 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.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Riley Exploration Permian's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	6.264	/	42.142	*	365 / 4
	=	13.56

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

Riley Exploration Permian's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	42.142	/	6.264
	=	6.73

Riley Exploration Permian Inventory-to-Revenue Related Terms

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Riley Exploration Permian (Riley Exploration Permian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Riley Exploration Permian Inc (AMEX:REPX) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

T7U:Germany

Address

29 E. Reno Avenue, Suite 500, Oklahoma City, OK, USA, 73104

Website

https://www.rileypermian.com

Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, Tennessee Properties, among others.

Executives

Bryan H Lawrence	director	C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Riley Exploration Group, Llc	10 percent owner	2008 NORTH COUNCIL AVE, BLANCHARD OK 73010
Bobby Riley	director, officer: CHIEF EXECUTIVE OFFICER	29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
Alvin Gerald Libin	10 percent owner	3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Kevin Riley	officer: PRESIDENT	29 EAST RENO, SUITE 500, OKLAHOMA CITY OK 73104
E Wayne Nordberg	director	C/O HOLLOW BROOK WEALTH MANAGEMENT LLC, 420 LEXINGTON AVENUE, SUITE 2840, NEW YORK NY 10170
Brent Alexander Arriaga	director	12330 BROKEN BOUGH DR, HOUSTON TX 77024
Philip A Riley	officer: EVP STRATEGY	919 MILAM STREET, SUITE 550, HOUSTON TX 77005
Riley Corey Neil	officer: EVP BUSINESS INTELLIGENCE	4430 CRITTENDEN DRIVE, NORMAN OK 73072
Rebecca L Bayless	director	18 MAYMONT WAY, THE WOODLANDS TX 77382
Balmon Investments Ltd.	10 percent owner	3200 255 5TH AVENUE SW, CALGARY A0 T2P 3G6
Estate Of Antonie Vandenbrink	10 percent owner	59 BELAIRE PLACE SW, CALGARY A0 T2V2C3
Di Santo Beth A	director	170 CHRISTOPHER STREET, NEW YORK NY 10014
Amber Bonney	officer: Chief Accounting Officer	914 N. BROADWAY, SUITE 230, OKLAHOMA CITY OK 73102
Texel Resources Inc.	10 percent owner	59 BELAIRE PLACE SW, CALGARY A0 T2V2C3