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Coelacanth Energy (TSXV:CEI) Days Inventory : 0.00 (As of Dec. 2023)


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What is Coelacanth Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Coelacanth Energy's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. Coelacanth Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was C$1.90 Mil. Hence, Coelacanth Energy's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Coelacanth Energy's Days Inventory or its related term are showing as below:

TSXV:CEI's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.72
* Ranked among companies with meaningful Days Inventory only.

Coelacanth Energy's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Coelacanth Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Coelacanth Energy Days Inventory Historical Data

The historical data trend for Coelacanth Energy's Days Inventory 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.

Coelacanth Energy Days Inventory Chart

Coelacanth Energy Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
- - -

Coelacanth Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Coelacanth Energy's Days Inventory

For the Oil & Gas E&P subindustry, Coelacanth Energy's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Coelacanth Energy's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coelacanth Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Coelacanth Energy's Days Inventory falls into.



Coelacanth Energy Days Inventory Calculation

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

Coelacanth Energy's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 3.812*365
=0 / 3.812*365
=0.00

Coelacanth Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 1.901*365 / 4
=0 / 1.901*365 / 4
=0.00

* 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.


Coelacanth Energy  (TSXV:CEI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Coelacanth Energy's Inventory Turnover for the three months ended in Dec. 2023 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.

Coelacanth Energy's Inventory to Revenue for the three months ended in Dec. 2023 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Coelacanth Energy Days Inventory Related Terms

Thank you for viewing the detailed overview of Coelacanth Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Coelacanth Energy (TSXV:CEI) Business Description

Traded in Other Exchanges
Address
530-8th Avenue SW, Suite 2110, Calgary, AB, CAN, T2P 3S8
Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified approximately 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.
Executives
Nolan Gregory Chicoine Senior Officer
Peter James Roy Cochrane Senior Officer
Jody Denis Senior Officer
Harvey Doerr Director
John Nandor Fur Senior Officer
William Lancaster Director
Tom Medvedic Director
Robert John Zakresky Senior Officer