Secure Energy Services (Secure Energy Services) Change In Inventory : $0 Mil (TTM As of Mar. 2024)

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What is Secure Energy Services Change In Inventory?

Secure Energy Services's change in inventory for the quarter that ended in Mar. 2024 was $0 Mil. It means Secure Energy Services's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Secure Energy Services's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Secure Energy Services's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Secure Energy Services's Total Inventories for the quarter that ended in Mar. 2024 was $194 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Secure Energy Services's Days Inventory for the quarter that ended in Mar. 2024 was 6.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Secure Energy Services's Inventory Turnover for the quarter that ended in Mar. 2024 was 13.39.

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. Secure Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.

Secure Energy Services Change In Inventory Historical Data

The historical data trend for Secure Energy Services'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.

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Secure Energy Services Change In Inventory Chart

Secure Energy Services Annual Data

Trend

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Change In Inventory

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Secure Energy Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Secure Energy Services 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Secure Energy Services (OTCPK:SECYF) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	150.816	/	2019.061	*	365 / 4
	=	6.82

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

Secure Energy Services's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2019.061	/	150.816
	=	13.39

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.

Secure Energy Services's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	150.816	/	2104.758
	=	0.07

Secure Energy Services Change In Inventory Related Terms

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Secure Energy Services (Secure Energy Services) Business Description

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SEP:Germany SES:Canada

Address

2300, 225 - 6th Avenue SW, Calgary, AB, CAN, T2P 1N2

Website

https://www.secure-energy.com

Secure Energy Services Inc provides fluids and solids solutions to the oil and gas industry. It operates in two segments: Midstream Infrastructure and Environmental and Fluid Management. Midstream Infrastructure owns and operates a network of facilities throughout western Canada, North Dakota, and Oklahoma. These facilities provide processing, storing, shipping, and marketing of crude oil; the processing of waste; and water treatment and disposal. The Environmental and Fluid Management segment includes a network of landfill disposal facilities; onsite abandonment, remediation, and reclamation management; a suite of comprehensive environmental management solutions. The company's geographical segments are Canada and the United States.