GASE (GASE Energy) Change In Inventory: $0.01 Mil (TTM As of Sep. 2014)


What is GASE Energy Change In Inventory?

GASE Energy GASE -99.00% Change In Inventory is $0.01 Mil as of Sep. 2014.

GASE Energy's change in inventory for the quarter that ended in Sep. 2014 was $0.00 Mil. It means GASE Energy's inventory stayed the same from Jun. 2014 to Sep. 2014 .

GASE Energy's change in inventory for the fiscal year that ended in Dec. 2013 was $0.02 Mil. It means GASE Energy's inventory declined by $0.02 Mil from Dec. 2012 to Dec. 2013 .

GASE Energy's Total Inventories for the quarter that ended in Sep. 2014 was $0.02 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GASE Energy's Days Inventory for the quarter that ended in Sep. 2014 was 51.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. GASE Energy's Inventory Turnover for the quarter that ended in Sep. 2014 was 1.79.

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. GASE Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.41.

GASE Energy  (OTCPK:GASE) Change In Inventory Explanation

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

GASE Energy's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.0235/0.042*365 / 4
=51.06

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

GASE Energy's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.042 / 0.0235
=1.79

3. 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.

GASE Energy's Inventory to Revenue for the quarter that ended in Sep. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0235 / 0.057
=0.41

* 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.

GASE Energy Change In Inventory Related Terms

GASE Energy Change In Inventory Historical Data

* Premium members only.

The historical data trend for GASE Energy's Change In 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.

GASE Energy Change In Inventory Chart

GASE Energy Annual Data
Trend Dec11 Dec12 Dec13
Change In Inventory
0.00 -0.00 0.02

GASE Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.00 0.00 0.00

GASE Energy Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $0.01 Mil mean?
GASE Energy (GASE) has a Change In Inventory of $0.01 Mil as of Sep. 2014. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for GASE Energy and its competitors.
Is GASE Energy's Change In Inventory too high?
GASE Energy's current Change In Inventory is $0.01 Mil.
How does GASE Energy's Change In Inventory compare to CWNOF and FPTA?
GASE Energy's Change In Inventory of $0.01 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Diversified Financial Services company?
A good Change In Inventory depends on the Diversified Financial Services industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for GASE Energy and its competitors. GASE Energy's current Change In Inventory is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GASE Energy stock overvalued right now?
GASE Energy (GASE) has a current Change In Inventory of $0.01 Mil. The current Change In Inventory is $0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For GASE Energy (GASE), the current Change In Inventory is $0.01 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GASE Energy Business Description