National Fuel Gas Co (National Fuel Gas Co) Inventory-to-Revenue : 0.15 (As of Dec. 2023)

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What is National Fuel Gas Co 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. National Fuel Gas Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $78 Mil. National Fuel Gas Co's Revenue for the three months ended in Dec. 2023 was $525 Mil. National Fuel Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.15.

National Fuel Gas Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.23) to Sep. 2023 (0.15)

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. National Fuel Gas Co's Days Inventory for the three months ended in Dec. 2023 was 24.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Fuel Gas Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.79.

National Fuel Gas Co Inventory-to-Revenue Historical Data

The historical data trend for National Fuel Gas Co'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.

National Fuel Gas Co Inventory-to-Revenue Chart

National Fuel Gas Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Inventory-to-Revenue

Get a 7-Day Free Trial

0.05

0.06

0.07

0.06

National Fuel Gas Co 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															0.24	0.16	0.19	0.23	0.15

Competitive Comparison of National Fuel Gas Co's Inventory-to-Revenue

For the Oil & Gas Integrated subindustry, National Fuel Gas Co'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.

National Fuel Gas Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where National Fuel Gas Co's Inventory-to-Revenue falls into.

National Fuel Gas Co Inventory-to-Revenue Calculation

National Fuel Gas Co's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (A: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )
=	( (172.343	+	81.498)	/	2 )	/	2173.771
=	126.9205					/	2173.771
=	0.06

National Fuel Gas Co'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 )
=	( (81.498	+	74.583)	/	2 )	/	525.361
=	78.0405					/	525.361
=	0.15

National Fuel Gas Co (NYSE:NFG) 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.

National Fuel Gas Co'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
	=	78.0405	/	295.835	*	365 / 4
	=	24.07

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

National Fuel Gas Co'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 )
	=	295.835	/	78.0405
	=	3.79

National Fuel Gas Co Inventory-to-Revenue Related Terms

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National Fuel Gas Co (National Fuel Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » National Fuel Gas Co (NYSE:NFG) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

NFG:Germany NFG:Germany

Address

6363 Main Street, Williamsville, NY, USA, 14221

Website

http://www.nationalfuelgas.com

National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. Geographically it generates revenue from the United States and majorly it generates revenue from Exploration and Production segment.

Executives

Timothy J Silverstein	officer: Treasurer & Prin. Fin.Officer	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Michael W Reville	officer: General Counsel and Secretary	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Ronald C Kraemer	officer: Pres - Empire Pipeline	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Ronald J Tanski	officer: Controller	NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Justin I Loweth	officer: Pres - Seneca Resources	1201 LOUISIANA STREET, SUITE 2600, HOUSTON TX 77002
Donna L Decarolis	officer: President, Horizon Power	6363 MAIN ST., WILLIAMSVILLE NY 14221
David P Bauer	officer: Treasurer, Prin.Fin. Officer	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Sarah J Mugel	officer: General Counsel and Secretary	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Barbara M Baumann	director	1776 LINCOLN ST, STE 700, DENVER CO 80203
Paula M Ciprich	officer: General Counsel. NFG Co.	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Michael P Kasprzak	officer: President NFG Midstream Co	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Elena G Mendel	officer: Controller	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Martin A Krebs	officer: Chief Information Officer	6363 MAIN STREET, WILLIAMSVILLE NY 14221
David Hugo Anderson	director
John P Mcginnis	officer: COO - Seneca Resources	1201 LOUISIANA STREET, SUITE 2600, HOUSTON TX 77002