Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Blue Dolphin Energy Co's Days Inventory for the
three
months ended in Mar. 2024 was 30.67.
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.
Blue Dolphin Energy Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.
Blue Dolphin Energy Co Inventory Turnover Historical Data
The historical data trend for Blue Dolphin Energy Co's Inventory Turnover 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.
* 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.
Blue Dolphin Energy Co (OTCPK:BDCO) Inventory Turnover Explanation
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Blue Dolphin Energy Co's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
2. 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.
Blue Dolphin Energy Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as
* 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.
Be Aware
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
Blue Dolphin Energy Co Inventory Turnover Related Terms
Thank you for viewing the detailed overview of Blue Dolphin Energy Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Dolphin Energy Co (Blue Dolphin Energy Co) Business Description
Blue Dolphin Energy Co is a United States-based refiner and marketer of petroleum products. It operates in two segments: Refinery operations and Tolling and Terminaling. The vast majority of its revenue comes from Refinery operations that include refining and marketing petroleum products. Tolling and terminating operations relate to tolling and storage terminating services under related-party and third-party lease agreements.
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