Surge Energy (TSX:SGY) Change In Inventory : C$0.0 Mil (TTM As of Dec. 2024)

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What is Surge Energy Change In Inventory?

Surge Energy's change in inventory for the quarter that ended in Dec. 2024 was C$0.0 Mil. It means Surge Energy's inventory stayed the same from Sep. 2024 to Dec. 2024 .

Surge Energy's change in inventory for the fiscal year that ended in Dec. 2024 was C$0.0 Mil. It means Surge Energy's inventory stayed the same from Dec. 2023 to Dec. 2024 .

Surge Energy's Total Inventories for the quarter that ended in Dec. 2024 was C$0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Surge Energy's Days Inventory for the quarter that ended in Dec. 2024 was 0.00.

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

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. Surge Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Surge Energy Change In Inventory Historical Data

The historical data trend for Surge 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.

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Surge Energy Change In Inventory Chart

Surge Energy Annual Data

Trend

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Change In Inventory

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Surge Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
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Surge 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 Mil.

Surge Energy (TSX:SGY) Change In Inventory Explanation

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

Surge 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	/	79.719	*	365 / 4
	=	0.00

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

Surge Energy's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	79.719	/	0
	=	N/A

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.

Surge Energy's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	164.952
	=	0.00

Surge Energy Change In Inventory Related Terms

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Surge Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Surge Energy Inc (TSX:SGY) » Definitions » Change In Inventory

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ZPTAF:USA 41Z0:Germany

Address

520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3

Website

https://www.surgeenergy.ca

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.

Executives

Jared Ducs	Senior Officer
James Murray Pasieka	Director
Peter Dan O'neil	Senior Officer
Murray Douglas Smith	Director
Margaret Ann Elekes	Senior Officer
Paul Colborne	Director
Robert Allen Leach	Director
Carbon Infrastructure Partners Corp.	10% Security Holder
Michelle Gramatke	Director
Murray Bye	Senior Officer
Marion Louise Burnyeat	Director
Derek Wayne Christie	Senior Officer
James Leigh Stannard	Senior Officer

Surge Energy Headlines

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