MEIL (Methes Energies International) Days Inventory: 0.00 (As of Aug. 2023)


What is Methes Energies International Days Inventory?

Methes Energies International MEIL Days Inventory is 0.00 as of Aug. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Methes Energies International's Average Total Inventories for the three months ended in Aug. 2023 was $0.05 Mil. Methes Energies International's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.00 Mil.

The historical rank and industry rank for Methes Energies International's Days Inventory or its related term are showing as below:

MEIL's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 70.815
* Ranked among companies with meaningful Days Inventory only.

Methes Energies International's Days Inventory declined from May. 2015 (728.14) to Aug. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Methes Energies International's Inventory Turnover for the three months ended in Aug. 2023 was 0.00.

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.

Methes Energies International  (OTCPK:MEIL) 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.

Methes Energies International's Inventory Turnover for the three months ended in Aug. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0.052
=0.00

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.

Methes Energies International's Inventory to Revenue for the three months ended in Aug. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.052 / 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.

Methes Energies International Days Inventory Related Terms

Methes Energies International Days Inventory Historical Data

* Premium members only.

The historical data trend for Methes Energies International'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.

Methes Energies International Days Inventory Chart

Methes Energies International Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14
Days Inventory
19.09 25.80 68.59 43.77 40.30

Methes Energies International Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 May23 Aug23
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 728.14 70.37 0.00 0.00 0.00

MEIL vs PARG, WWSG, BBOE: Days Inventory Comparison

For the Shell Companies subindustry, Methes Energies International'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.

Methes Energies International Days Inventory vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Methes Energies International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Methes Energies International's Days Inventory falls into.


Methes Energies International Days Inventory Calculation

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

Methes Energies International's Days Inventory for the fiscal year that ended in Nov. 2014 is calculated as

Days Inventory (A: Nov. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2013 ) + Total Inventories (A: Nov. 2014 )) / count ) / Cost of Goods Sold (A: Nov. 2014 )*Days in Period
=( (0.801 + 0.411) / 2 ) / 5.489*365
=0.606 / 5.489*365
=40.30

Methes Energies International's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:

Days Inventory (Q: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2023 ) + Total Inventories (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0.052 + 0.052) / 2 ) / 0*365 / 4
=0.052 / 0*365 / 4
=N/A

* 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 0.00 mean?
Methes Energies International (MEIL) has a Days Inventory of 0.00 as of Aug. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Methes Energies International and its competitors.
Is Methes Energies International's Days Inventory too high?
Methes Energies International's current Days Inventory is 0.00.
How does Methes Energies International's Days Inventory compare to PARG and WWSG?
Methes Energies International's Days Inventory of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Days Inventory is 70.82. 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 a Diversified Financial Services company?
The median Days Inventory among Diversified Financial Services companies is 70.82, based on 42 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 Methes Energies International and its competitors. For the Diversified Financial Services industry, the median Days Inventory is 70.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methes Energies International'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 Methes Energies International stock overvalued right now?
Methes Energies International (MEIL) 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 Methes Energies International (MEIL), the current Days Inventory is 0.00 as of Aug. 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.

Methes Energies International Business Description

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747
Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.