GSPE (Gulfslope Energy) Days Inventory: 0.00 (As of Jun. 2023)

What is Gulfslope Energy Days Inventory?

Gulfslope Energy GSPE -99.00% Days Inventory is 0.00 as of Jun. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Gulfslope Energy's Average Total Inventories for the three months ended in Jun. 2023 was $0.00 Mil. Gulfslope Energy's Cost of Goods Sold for the three months ended in Jun. 2023 was $0.00 Mil.

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

GSPE's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.01
* Ranked among companies with meaningful Days Inventory only.

Gulfslope Energy's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 2023 (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.

Gulfslope Energy (OTCPK:GSPE) 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.

Gulfslope Energy's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

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

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.

Gulfslope Energy's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

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

* 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.

Gulfslope Energy Days Inventory Related Terms

Gulfslope Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for Gulfslope Energy's Days Inventory can be seen below:

Gulfslope Energy Days Inventory Chart

Gulfslope Energy Annual Data

Trend

Sep13

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Days Inventory

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Gulfslope Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

GSPE vs FECOF, AMNI, VBHI: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Gulfslope 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.

Gulfslope Energy Days Inventory vs Oil & Gas Industry

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

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

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Gulfslope Energy Days Inventory Calculation

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

Gulfslope Energy's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

	Days Inventory (A: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

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

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Gulfslope Energy (GSPE) has a Days Inventory of 0.00 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Gulfslope Energy and its competitors.

Is Gulfslope Energy's Days Inventory too high?

Gulfslope Energy's current Days Inventory is 0.00.

How does Gulfslope Energy's Days Inventory compare to FECOF and AMNI?

Gulfslope Energy's Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for an Oil & Gas company?

The median Days Inventory among Oil & Gas companies is 31.01, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days 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 Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Gulfslope Energy and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulfslope Energy's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Gulfslope Energy stock overvalued right now?

Gulfslope Energy (GSPE) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For Gulfslope Energy (GSPE), the current Days Inventory is 0.00 as of Jun. 2023. 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.

Gulfslope Energy Business Description

Industry Energy Oil & Gas

Comparable Companies FECOF AMNI VBHI PSSS WTXR CRCE MMEX BBLS ALTX GULTU COP HKSE:00883 TSX:CNQ EOG PXD OXY MIC:NVTK HES ASX:WDS DVN

Address 1000 Main Street, Suite 2300, Houston, TX, USA, 77002

Website https://www.gulfslope.com

Gulfslope Energy Inc is a part of the oil and gas markets. It is a crude oil and natural gas exploration and production company. The company's activities are focused on the shelf area of the Gulf of Mexico. It is focused on identifying and acquiring oil and gas prospects. It has licensed three-dimensional seismic data and has evaluated this data using interpretation technologies.