PFRRF (PetroFrontier) Days Inventory: 0.00 (As of Sep. 2024)

What is PetroFrontier Days Inventory?

PetroFrontier PFRRF Days Inventory is 0.00 as of Sep. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). PetroFrontier's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. PetroFrontier's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.53 Mil. Hence, PetroFrontier's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

PFRRF's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31
* Ranked among companies with meaningful Days Inventory only.

PetroFrontier's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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. PetroFrontier's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

PetroFrontier (OTCPK:PFRRF) 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.

PetroFrontier's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.533	/	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.

PetroFrontier's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.358
	=	0.00

* 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.

PetroFrontier Days Inventory Related Terms

PetroFrontier Days Inventory Historical Data

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

PetroFrontier Days Inventory Chart

PetroFrontier Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

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Dec23

Days Inventory

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PetroFrontier Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

PFRRF vs COP, EOG, OXY: Days Inventory Comparison

For the Oil & Gas E&P subindustry, PetroFrontier'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.

PetroFrontier Days Inventory vs Oil & Gas Industry

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

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

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PetroFrontier Days Inventory Calculation

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

PetroFrontier's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	3.158	*	365
=	0					/	3.158	*	365
=	0.00

PetroFrontier'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: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.533	*	365 / 4
=	0					/	0.533	*	365 / 4
=	0.00

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

PetroFrontier (PFRRF) has a Days Inventory of 0.00 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PetroFrontier and its competitors.

Is PetroFrontier's Days Inventory too high?

PetroFrontier's current Days Inventory is 0.00.

How does PetroFrontier's Days Inventory compare to COP and EOG?

PetroFrontier's Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.00. 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 31.00, based on 688 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 PetroFrontier and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroFrontier'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 PetroFrontier stock overvalued right now?

PetroFrontier (PFRRF) 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 PetroFrontier (PFRRF), the current Days Inventory is 0.00 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.

PetroFrontier Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:ATI TSXV:TPC TSXV:MET TSXV:EW TSXV:MCM.A TSXV:SDR TSXV:CART.H TSXV:SPI TSXV:CAI TSXV:WCE COP HKSE:00883 EOG TSX:CNQ MIC:NVTK OXY FANG ASX:WDS EQT EXE

Address 903 - 8th Avenue SW, Suite 700, Calgary, AB, CAN, T2P 0P7

Website http://www.petrofrontier.com

PetroFrontier Corp is engaged in the exploration of and production of petroleum and natural gas in western Canada.