Source Energy Services (TSX:SHLE) Change In Inventory : C$-3.1 Mil (TTM As of Mar. 2025)

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What is Source Energy Services Change In Inventory?

Source Energy Services's change in inventory for the quarter that ended in Mar. 2025 was C$2.7 Mil. It means Source Energy Services's inventory declined by C$2.7 Mil from Dec. 2024 to Mar. 2025 .

Source Energy Services's change in inventory for the fiscal year that ended in Dec. 2024 was C$0.3 Mil. It means Source Energy Services's inventory declined by C$0.3 Mil from Dec. 2023 to Dec. 2024 .

Source Energy Services's Total Inventories for the quarter that ended in Mar. 2025 was C$85.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Source Energy Services's Days Inventory for the quarter that ended in Mar. 2025 was 46.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. Source Energy Services's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.96.

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. Source Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.42.

Source Energy Services Change In Inventory Historical Data

The historical data trend for Source 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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Source Energy Services Change In Inventory Chart

Source Energy Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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3.14

-6.24

-13.47

-12.61

0.34

Source Energy Services Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															6.19	-1.11	7.20	-11.93	2.71

Source 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.1 Mil.

Source Energy Services (TSX:SHLE) Change In Inventory Explanation

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

Source 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
	=	87.5865	/	171.771	*	365 / 4
	=	46.53

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

Source Energy Services's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	171.771	/	87.5865
	=	1.96

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.

Source Energy Services's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	87.5865	/	208.564
	=	0.42

Source Energy Services Change In Inventory Related Terms

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Source Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Source Energy Services Ltd (TSX:SHLE) » Definitions » Change In Inventory

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SCEYF:USA

Address

438, 11 Avenue SE, Suite 500, Calgary, AB, CAN, T2G 0Y4

Website

https://www.sourceenergyservices.com

Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well site completion materials and has developed Sahara, a proprietary website mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.

Executives

Derren James Newell	Senior Officer
Scott Melbourn	Director, Senior Officer
Catherine Victoria Reynolds	Senior Officer
Alan Stewart Hanlon	Director
Kenneth Alvin Seitz	Director

Source Energy Services Headlines

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