MPIR (Empire Diversified Energy) Change In Inventory: $0.28 Mil (TTM As of Sep. 2023)

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MPIR Empire Diversified Energy Inc MPIR
28 GF Score
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What is Empire Diversified Energy Change In Inventory?

Empire Diversified Energy MPIR +13.51% 28 Change In Inventory is $0.28 Mil as of Sep. 2023. GuruFocus rates MPIR with a GF Score™ of 28/100.

Empire Diversified Energy's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Empire Diversified Energy's inventory stayed the same from Sep. 2022 to Sep. 2023 .

Empire Diversified Energy's change in inventory for the fiscal year that ended in Dec. 2021 was $0.07 Mil. It means Empire Diversified Energy's inventory declined by $0.07 Mil from Dec. 2020 to Dec. 2021 .

Empire Diversified Energy's Total Inventories for the quarter that ended in Sep. 2023 was $0.86 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. Empire Diversified Energy's Inventory Turnover for the quarter that ended in Sep. 2023 was -0.36.

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. Empire Diversified Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.56.

Empire Diversified Energy  (OTCPK:MPIR) Change In Inventory Explanation

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

Empire Diversified 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
=0.4275/-0.152*365 / 4
=N/A

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

Empire Diversified Energy's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=-0.152 / 0.4275
=-0.36

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.

Empire Diversified Energy's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.4275 / 0.766
=0.56

* 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.

Empire Diversified Energy Change In Inventory Related Terms

Empire Diversified Energy Change In Inventory Historical Data

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The historical data trend for Empire Diversified 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.

Empire Diversified Energy Change In Inventory Chart

Empire Diversified Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.07

Empire Diversified Energy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Sep22 Sep23
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 0.03 -0.27 0.28 0.00 0.00
MPIR
28GF Score
Empire Diversified Energy Inc MPIR
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire Diversified 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.28 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 $0.28 Mil mean?
Empire Diversified Energy (MPIR) has a Change In Inventory of $0.28 Mil as of Sep. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Empire Diversified Energy and its competitors.
Is Empire Diversified Energy's Change In Inventory too high?
Empire Diversified Energy's current Change In Inventory is $0.28 Mil. Overall, Empire Diversified Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Empire Diversified Energy's Change In Inventory compare to BROG and IMPP?
Empire Diversified Energy's Change In Inventory of $0.28 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas 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 Empire Diversified Energy and its competitors. Empire Diversified Energy's current Change In Inventory is $0.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Diversified Energy stock overvalued right now?
Empire Diversified Energy (MPIR) has a current Change In Inventory of $0.28 Mil. The current Change In Inventory is $0.28 Mil. Empire Diversified Energy's overall GF Score™ is 28/100. 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 Empire Diversified Energy (MPIR), the current Change In Inventory is $0.28 Mil as of Sep. 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.

Empire Diversified Energy Business Description

Industry EnergyOil & Gas
Address 1400 Main Street, Follansbee, WV, USA, WV 26037
Empire Diversified Energy Inc is a diversified energy and logistics company. It has developed a wide range of green energy products & solutions to industry problems, offering strategic and cost-effective logistics to address LNG and Petrochemical Storage Hubs, Petrochemical Loading Facilities, Scrap Iron and Mineral Sales, (Slag, HBI, Coal, Water), and Behind the grid utilities company that utilizes waste to energy and recycling systems to provide electricity, waste management and water treatment services. EDE provides a vast array of energy services and sources to energy buyers and sellers.
28GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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