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West Texas Resources (West Texas Resources) Inventory-to-Revenue : 0.00 (As of Sep. 2023)


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What is West Texas Resources 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. West Texas Resources's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil. West Texas Resources's Revenue for the three months ended in Sep. 2023 was $0.00 Mil.

West Texas Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2023 stayed the same from Sep. 2022 (0.00) to Sep. 2022 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. West Texas Resources's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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


West Texas Resources Inventory-to-Revenue Historical Data

The historical data trend for West Texas Resources'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.

* Premium members only.

West Texas Resources Inventory-to-Revenue Chart

West Texas Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Inventory-to-Revenue
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West Texas Resources Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Sep22 Sep23
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Competitive Comparison of West Texas Resources's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, West Texas Resources'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.


West Texas Resources's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where West Texas Resources's Inventory-to-Revenue falls into.



West Texas Resources Inventory-to-Revenue Calculation

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.

West Texas Resources's Inventory-to-Revenue for the fiscal year that ended in Sep. 2016 is calculated as

Inventory-to-Revenue (A: Sep. 2016 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Sep. 2015 ) + Total Inventories (A: Sep. 2016 )) / count ) / Revenue (A: Sep. 2016 )
=( (0 + 0) / 1 ) / 0.001
=0 / 0.001
=0.00

West Texas Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (0 + 0) / 1 ) / 0
=0 / 0
=

* 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.


West Texas Resources  (OTCPK:WTXR) 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:

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.

West Texas Resources's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/0.001*365 / 4
=0.00

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

West Texas Resources's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=0.001 / 0
=

* 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.


West Texas Resources Inventory-to-Revenue Related Terms

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West Texas Resources (West Texas Resources) Business Description

Traded in Other Exchanges
N/A
Address
5729 Lebanon Road, Suite 144, Frisco, TX, USA, 75034
West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The Company targets both new and existing fields and producing wells to be revitalized.

West Texas Resources (West Texas Resources) Headlines

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