LNGNF (LNG Energy Group) Days Inventory: 111.34 (As of Sep. 2024)


What is LNG Energy Group Days Inventory?

LNG Energy Group LNGNF -99.99% Days Inventory is 111.34 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). LNG Energy Group's Average Total Inventories for the three months ended in Sep. 2024 was $7.43 Mil. LNG Energy Group's Cost of Goods Sold for the three months ended in Sep. 2024 was $6.09 Mil. Hence, LNG Energy Group's Days Inventory for the three months ended in Sep. 2024 was 111.34.

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

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

LNG Energy Group's Days Inventory increased from Mar. 2023 (0.00) to Sep. 2024 (111.34). It might indicate that LNG Energy Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. LNG Energy Group's Inventory Turnover for the three months ended in Sep. 2024 was 0.82.

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. LNG Energy Group's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.73.


LNG Energy Group  (OTCPK:LNGNF) 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.

LNG Energy Group's Inventory Turnover for the three months ended in Sep. 2024 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.

LNG Energy Group's Inventory to Revenue for the three months ended in Sep. 2024 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.


LNG Energy Group Days Inventory Related Terms


LNG Energy Group Days Inventory Historical Data

* Premium members only.

The historical data trend for LNG Energy Group'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.

LNG Energy Group Days Inventory Chart

LNG Energy Group Annual Data
Trend May22 May23
Days Inventory
0.00 0.00

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial 0.00 0.00 83.50 94.30 111.34

LNGNF vs ALTX, CRCE, FECOF: Days Inventory Comparison

For the Oil & Gas E&P subindustry, LNG Energy Group'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.


LNG Energy Group Days Inventory vs Oil & Gas Industry

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

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



LNG Energy Group Days Inventory Calculation

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

LNG Energy Group's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.001*365
=0 / 0.001*365
=0.00

LNG Energy Group's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (7.602 + 7.25) / 2 ) / 6.086*365 / 4
=7.426 / 6.086*365 / 4
=111.34

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 111.34 mean?
LNG Energy Group (LNGNF) has a Days Inventory of 111.34 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Days Inventory too high?
LNG Energy Group's current Days Inventory is 111.34. The Oil & Gas industry median Days Inventory is 31.01. LNG Energy Group's value of 111.34 is 259% above this industry median.
How does LNG Energy Group's Days Inventory compare to ALTX and CRCE?
LNG Energy Group's Days Inventory of 111.34 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. LNG Energy Group's value of 111.34 is 259% above this benchmark. 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. LNG Energy Group's current Days Inventory of 111.34 is 259% above the industry median. 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 LNG Energy Group 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. LNG Energy Group's current Days Inventory is 111.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Days Inventory of 111.34. The current Days Inventory is 111.34 and 259% above the Oil & Gas industry median of 31.01. 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 LNG Energy Group (LNGNF), the current Days Inventory is 111.34 as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.