MEIL (Methes Energies International) Change In Inventory: $0.00 Mil (TTM As of Aug. 2023)


What is Methes Energies International Change In Inventory?

Methes Energies International MEIL Change In Inventory is $0.00 Mil as of Aug. 2023.

Methes Energies International's change in inventory for the quarter that ended in Aug. 2023 was $0.00 Mil. It means Methes Energies International's inventory stayed the same from May. 2023 to Aug. 2023 .

Methes Energies International's change in inventory for the fiscal year that ended in Nov. 2014 was $0.39 Mil. It means Methes Energies International's inventory declined by $0.39 Mil from Nov. 2013 to Nov. 2014 .

Methes Energies International's Total Inventories for the quarter that ended in Aug. 2023 was $0.05 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Methes Energies International's Inventory Turnover for the quarter that ended in Aug. 2023 was 0.00.

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.

Methes Energies International  (OTCPK:MEIL) Change In Inventory Explanation

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

Methes Energies International's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.052/0*365 / 4
=N/A

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

Methes Energies International's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0.052
=0.00

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.

Methes Energies International's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.052 / 0
=N/A

* 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.

Methes Energies International Change In Inventory Related Terms

Methes Energies International Change In Inventory Historical Data

* Premium members only.

The historical data trend for Methes Energies International'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.

Methes Energies International Change In Inventory Chart

Methes Energies International Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14
Change In Inventory
-0.11 -0.94 -0.01 0.28 0.39

Methes Energies International Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 May23 Aug23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 -0.07 0.00 0.00 0.00

Methes Energies International 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 Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
Methes Energies International (MEIL) has a Change In Inventory of $0.00 Mil as of Aug. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Methes Energies International and its competitors.
Is Methes Energies International's Change In Inventory too high?
Methes Energies International's current Change In Inventory is $0.00 Mil.
How does Methes Energies International's Change In Inventory compare to PARG and WWSG?
Methes Energies International's Change In Inventory of $0.00 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 Methes Energies International and its competitors. Methes Energies International's current Change In Inventory is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methes Energies International stock overvalued right now?
Methes Energies International (MEIL) has a current Change In Inventory of $0.00 Mil. The current Change In Inventory is $0.00 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 Methes Energies International (MEIL), the current Change In Inventory is $0.00 Mil as of Aug. 2023. 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.

Methes Energies International Business Description

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747
Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.