New Stratus Energy (TSXV:NSE) Days Inventory : 0.00 (As of Dec. 2023)

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What is New Stratus Energy Days Inventory?

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

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

During the past 13 years, New Stratus Energy's highest Days Inventory was 57.75. The lowest was 57.75. And the median was 57.75.

TSXV:NSE's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.41
* Ranked among companies with meaningful Days Inventory only.

New Stratus Energy's Days Inventory declined from Dec. 2022 (12.21) 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.

New Stratus Energy Days Inventory Historical Data

The historical data trend for New Stratus 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.

New Stratus Energy Days Inventory Chart

New Stratus Energy Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Inventory

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57.75

New Stratus Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															12.21	-	-	-	-

Competitive Comparison of New Stratus Energy's Days Inventory

For the Oil & Gas E&P subindustry, New Stratus 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.

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

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

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

New Stratus Energy Days Inventory Calculation

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

New Stratus Energy's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (0	+	2.921)	/	1 )	/	18.463	*	365
=	2.921					/	18.463	*	365
=	57.75

New Stratus 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 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

New Stratus Energy (TSXV:NSE) 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.

New Stratus Energy's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

New Stratus Energy's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

New Stratus Energy Days Inventory Related Terms

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

New Stratus Energy (TSXV:NSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New Stratus Energy Inc (TSXV:NSE) » Definitions » Days Inventory

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RDRIF:USA 80N:Germany

Address

333 7 Avenue SW, Suite 2400, Calgary, AB, CAN, T2P 2Z1

Website

https://www.newstratusenergy.com

New Stratus Energy Inc, is a Canadian resource company. The company is involved in the acquisition, exploration, and development of properties for the purpose oil and gas. Its assets are located in Colombia, Ecuador, Venezuela and Peru.

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