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Elixir Energy (ASX:EXR) Days Inventory : 81.47 (As of Dec. 2023)


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What is Elixir Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elixir Energy's Average Total Inventories for the six months ended in Dec. 2023 was A$0.30 Mil. Elixir Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.67 Mil. Hence, Elixir Energy's Days Inventory for the six months ended in Dec. 2023 was 81.47.

The historical rank and industry rank for Elixir Energy's Days Inventory or its related term are showing as below:

ASX:EXR' s Days Inventory Range Over the Past 10 Years
Min: 0   Med: 0   Max: 162.95
Current: 162.95

During the past 13 years, Elixir Energy's highest Days Inventory was 162.95. The lowest was 0.00. And the median was 0.00.

ASX:EXR's Days Inventory is ranked worse than
90.26% of 729 companies
in the Oil & Gas industry
Industry Median: 31.44 vs ASX:EXR: 162.95

Elixir Energy's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (81.47). It might indicate that Elixir Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elixir Energy's Inventory Turnover for the six months ended in Dec. 2023 was 2.24.

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.


Elixir Energy Days Inventory Historical Data

The historical data trend for Elixir Energy's Days 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.

* Premium members only.

Elixir Energy Days Inventory Chart

Elixir Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Elixir Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days 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 - - - - 81.47

Competitive Comparison of Elixir Energy's Days Inventory

For the Oil & Gas E&P subindustry, Elixir Energy's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Elixir Energy's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Elixir Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where Elixir Energy's Days Inventory falls into.



Elixir Energy Days Inventory Calculation

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

Elixir Energy's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0 + 0.337) / 1 ) / 0*365
=0.337 / 0*365
=N/A

Elixir Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.337 + 0.263) / 2 ) / 0.672*365 / 2
=0.3 / 0.672*365 / 2
=81.47

* 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.


Elixir Energy  (ASX:EXR) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Elixir Energy's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

2. 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.

Elixir Energy's Inventory to Revenue for the six months ended in Dec. 2023 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Elixir Energy Days Inventory Related Terms

Thank you for viewing the detailed overview of Elixir Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Elixir Energy (ASX:EXR) Business Description

Traded in Other Exchanges
N/A
Address
60 Hindmarsh Square, 3B, Level 3, Adelaide, SA, AUS, 5000
Elixir Energy Ltd is an exploration and development company. It is focused on exploring coal bed methane in Mongolia. The company reports in five segments based on its geographical location: Oil and Gas exploration in Australia, Mongolia, and the United States of America, and clean energy Mongolia, and Solar project in Mongolia. The company's exploration project includes Mongolia Nomgon IX CSG PSC.

Elixir Energy (ASX:EXR) Headlines