MPIR (Empire Diversified Energy) Days Inventory: 0.00 (As of Sep. 2023)

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MPIR Empire Diversified Energy Inc MPIR
28 GF Score
Price $0.00
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What is Empire Diversified Energy Days Inventory?

Empire Diversified Energy MPIR +13.51% 28 Days Inventory is 0.00 as of Sep. 2023. GuruFocus rates MPIR with a GF Score™ of 28/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Empire Diversified Energy's Average Total Inventories for the three months ended in Sep. 2023 was $0.86 Mil. Empire Diversified Energy's Cost of Goods Sold for the three months ended in Sep. 2023 was $-0.15 Mil.

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

MPIR's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 30.81
* Ranked among companies with meaningful Days Inventory only.

Empire Diversified Energy's Days Inventory declined from Jun. 2021 (386.35) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Empire Diversified Energy's Inventory Turnover for the three months ended in Sep. 2023 was -0.18.

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. Empire Diversified Energy's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.12.


Empire Diversified Energy  (OTCPK:MPIR) 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.

Empire Diversified Energy's Inventory Turnover for the three months ended in Sep. 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.

Empire Diversified Energy's Inventory to Revenue for the three months ended in Sep. 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.


Empire Diversified Energy Days Inventory Related Terms


Empire Diversified Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for Empire Diversified 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.

Empire Diversified Energy Days Inventory Chart

Empire Diversified Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3,306.18 170.71

Empire Diversified Energy Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Sep22 Sep23
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 386.35 275.12 425.00 131.05 0.00

MPIR vs BROG, IMPP, PXS: Days Inventory Comparison

For the Oil & Gas Midstream subindustry, Empire Diversified 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.


Empire Diversified Energy Days Inventory vs Oil & Gas Industry

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

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


MPIR
28GF Score
Empire Diversified Energy Inc MPIR
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Empire Diversified Energy Days Inventory Calculation

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

Empire Diversified Energy's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.904 + 0.833) / 2 ) / 1.857*365
=0.8685 / 1.857*365
=170.71

Empire Diversified Energy's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0.855) / 1 ) / -0.152*365 / 4
=0.855 / -0.152*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?
Empire Diversified Energy (MPIR) has a Days Inventory of 0.00 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Empire Diversified Energy and its competitors.
Is Empire Diversified Energy's Days Inventory too high?
Empire Diversified Energy's current Days Inventory is 0.00. Overall, Empire Diversified Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Empire Diversified Energy's Days Inventory compare to BROG and IMPP?
Empire Diversified Energy's Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 30.81. 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 30.81, based on 693 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 Empire Diversified Energy and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empire Diversified 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 Empire Diversified Energy stock overvalued right now?
Empire Diversified Energy (MPIR) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Empire Diversified Energy's overall GF Score™ is 28/100. 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 Empire Diversified Energy (MPIR), the current Days Inventory is 0.00 as of Sep. 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.

Empire Diversified Energy Business Description

Industry EnergyOil & Gas
Address 1400 Main Street, Follansbee, WV, USA, WV 26037
Empire Diversified Energy Inc is a diversified energy and logistics company. It has developed a wide range of green energy products & solutions to industry problems, offering strategic and cost-effective logistics to address LNG and Petrochemical Storage Hubs, Petrochemical Loading Facilities, Scrap Iron and Mineral Sales, (Slag, HBI, Coal, Water), and Behind the grid utilities company that utilizes waste to energy and recycling systems to provide electricity, waste management and water treatment services. EDE provides a vast array of energy services and sources to energy buyers and sellers.
28GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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