HZLIF (Hertz Energy) Days Inventory : 0.00 (As of Jul. 2024)

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What is Hertz Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hertz Energy's Average Total Inventories for the three months ended in Jul. 2024 was $0.00 Mil. Hertz Energy's Cost of Goods Sold for the three months ended in Jul. 2024 was $0.00 Mil.

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

HZLIF's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.4
* Ranked among companies with meaningful Days Inventory only.

Hertz Energy's Days Inventory stayed the same from Apr. 2023 (0.00) to Jul. 2024 (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.

Hertz Energy Days Inventory Historical Data

The historical data trend for Hertz 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.

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Hertz Energy Days Inventory Chart

Hertz Energy Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Days Inventory

Hertz Energy Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Jul24
Days Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Hertz Energy's Days Inventory

For the Other Industrial Metals & Mining subindustry, Hertz 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.

Hertz Energy's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hertz Energy's Days Inventory distribution charts can be found below:

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

Hertz Energy Days Inventory Calculation

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

Hertz Energy's Days Inventory for the fiscal year that ended in Jul. 2024 is calculated as

	Days Inventory (A: Jul. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2023 )	+	Total Inventories (A: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Hertz Energy's Days Inventory for the quarter that ended in Jul. 2024 is calculated as:

	Days Inventory (Q: Jul. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2024 )	+	Total Inventories (Q: Jul. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Hertz Energy (OTCPK:HZLIF) 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.

Hertz Energy's Inventory Turnover for the three months ended in Jul. 2024 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.

Hertz Energy's Inventory to Revenue for the three months ended in Jul. 2024 is calculated as

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

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.

Hertz Energy Days Inventory Related Terms

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Hertz Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hertz Energy Inc (OTCPK:HZLIF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

QX1:Germany HZ:Canada

Address

1500-1055 West Georgia Street, Royal Centre, Vancouver, BC, CAN, V6E4N7

Website

https://www.hertz-energy.com

Hertz Energy Inc is engaged in the exploration and development of mineral resources, currently focusing on projects in Arizona, USA. The company's sole mineral property is the Lucky Mica Project located in the Maricopa County of Arizona, USA and and the Patriota Lithium Project, located along the Eastern Brazilian Pegmatite Province, in Brazil and Snake Lithium Project and both located in James Bay, Quebec.