Zenith Energy (OSL:ZENA) Change In Inventory: kr9.12 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:ZENA Zenith Energy Ltd OSL:ZENA
30 GF Score
Price kr0.68
GF Value kr0.15
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Zenith Energy Change In Inventory?

Zenith Energy OSL:ZENA -1.31% 30 Change In Inventory is kr9.12 Mil as of Mar. 2026. GuruFocus rates OSL:ZENA with a GF Score™ of 30/100 and a GF Value™ of kr0.15 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Zenith Energy's change in inventory for the quarter that ended in Mar. 2026 was kr12.07 Mil. It means Zenith Energy's inventory declined by kr12.07 Mil from Sep. 2025 to Mar. 2026 .

Zenith Energy's change in inventory for the fiscal year that ended in Mar. 2026 was kr9.18 Mil. It means Zenith Energy's inventory declined by kr9.18 Mil from Mar. 2025 to Mar. 2026 .

Zenith Energy's Total Inventories for the quarter that ended in Mar. 2026 was kr7.80 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zenith Energy's Days Inventory for the quarter that ended in Mar. 2026 was 521.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zenith Energy's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.35.

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. Zenith Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 1.48.


Zenith Energy  (OSL:ZENA) Change In Inventory Explanation

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

Zenith 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
=12.8735/4.505*365 / 2
=521.51

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

Zenith Energy's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

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.

Zenith Energy's Inventory to Revenue for the quarter that ended in Mar. 2026 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.


Zenith Energy Change In Inventory Related Terms


Zenith Energy Change In Inventory Historical Data

* Premium members only.

The historical data trend for Zenith 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.

Zenith Energy Change In Inventory Chart

Zenith Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.31 0.00 34.63 -2.83 9.18

Zenith Energy Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 46.07 -34.98 30.34 -2.95 12.07
OSL:ZENA
30GF Score
Zenith Energy Ltd OSL:ZENA
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zenith 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr9.12 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 kr9.12 Mil mean?
Zenith Energy (OSL:ZENA) has a Change In Inventory of kr9.12 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Zenith Energy and its competitors.
Is Zenith Energy's Change In Inventory too high?
Zenith Energy's current Change In Inventory is kr9.12 Mil. Overall, Zenith Energy has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Energy's Change In Inventory compare to COP and EOG?
Zenith Energy's Change In Inventory of kr9.12 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 Zenith Energy and its competitors. Zenith Energy's current Change In Inventory is kr9.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Energy stock overvalued right now?
Based on GuruFocus' analysis, Zenith Energy (OSL:ZENA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.15, compared to a current price of kr0.68 — trading 351.3% above its estimated fair value. The current Change In Inventory is kr9.12 Mil. Zenith Energy's overall GF Score™ is 30/100 with 4 warning signs to review. 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 Zenith Energy (OSL:ZENA), the current Change In Inventory is kr9.12 Mil as of Mar. 2026. 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.

Is Zenith Energy (OSL:ZENA) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Energy stock appears to be overvalued. The current stock price of kr0.68 is trading 351.3% above its estimated GF Value™ of kr0.15. GuruFocus considers Zenith Energy to be Significantly Overvalued.

Key valuation signals for OSL:ZENA:

  • Change In Inventory: kr9.12 Mil
  • GF Value™: kr0.15 vs. price of kr0.68 (351.3% above fair value)
  • GF Score™: 30/100 with 4 warning signs

No single metric tells the full story. See the OSL:ZENA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenith Energy Business Description

Industry EnergyOil & Gas
Address 850 2nd Street, 15th Floor, Bankers Court, Calgary, AB, CAN, T2P 4K9
Zenith Energy Ltd is an international independent oil and gas company with production, exploration, and development assets in the Republic of the Congo, Italy, and Tunisia. The company's strategic focus is the development of revenue-generating oil production assets, as well as low-risk exploration activities in assets with existing production. Its segments are Italy, Tunisia and Others.
30GF Score

Get the complete analysis for OSL:ZENA

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

kr0.68
Price
kr0.15
GF Value