PQEFF (Petroteq Energy) Days Inventory: 443.81 (As of May. 2022)

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What is Petroteq Energy Days Inventory?

Petroteq Energy PQEFF -90.00% Days Inventory is 443.81 as of May. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). Petroteq Energy's Average Total Inventories for the three months ended in May. 2022 was $0.11 Mil. Petroteq Energy's Cost of Goods Sold for the three months ended in May. 2022 was $0.02 Mil. Hence, Petroteq Energy's Days Inventory for the three months ended in May. 2022 was 443.81.

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

PQEFF's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 30.99
* Ranked among companies with meaningful Days Inventory only.

Petroteq Energy's Days Inventory declined from May. 2021 (479.06) to May. 2022 (443.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Petroteq Energy's Inventory Turnover for the three months ended in May. 2022 was 0.21.

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.


Petroteq Energy  (OTCPK:PQEFF) 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.

Petroteq Energy's Inventory Turnover for the three months ended in May. 2022 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.

Petroteq Energy's Inventory to Revenue for the three months ended in May. 2022 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.


Petroteq Energy Days Inventory Related Terms


Petroteq Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for Petroteq 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.

Petroteq Energy Days Inventory Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 260.33 45.68 16.41 11.70

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 479.06 5.70 34.26 69.74 443.81

PQEFF vs MMEX, SPOWF, COP: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Petroteq 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.


Petroteq Energy Days Inventory vs Oil & Gas Industry

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

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



Petroteq Energy Days Inventory Calculation

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

Petroteq Energy's Days Inventory for the fiscal year that ended in Aug. 2021 is calculated as

Days Inventory (A: Aug. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2020 ) + Total Inventories (A: Aug. 2021 )) / count ) / Cost of Goods Sold (A: Aug. 2021 )*Days in Period
=( (0.027 + 0.107) / 2 ) / 2.091*365
=0.067 / 2.091*365
=11.70

Petroteq Energy's Days Inventory for the quarter that ended in May. 2022 is calculated as:

Days Inventory (Q: May. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2022 ) + Total Inventories (Q: May. 2022 )) / count ) / Cost of Goods Sold (Q: May. 2022 )*Days in Period
=( (0.107 + 0.107) / 2 ) / 0.022*365 / 4
=0.107 / 0.022*365 / 4
=443.81

* 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 443.81 mean?
Petroteq Energy (PQEFF) has a Days Inventory of 443.81 as of May. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Petroteq Energy and its competitors.
Is Petroteq Energy's Days Inventory too high?
Petroteq Energy's current Days Inventory is 443.81. The Oil & Gas industry median Days Inventory is 30.99. Petroteq Energy's value of 443.81 is 1332.1% above this industry median.
How does Petroteq Energy's Days Inventory compare to MMEX and SPOWF?
Petroteq Energy's Days Inventory of 443.81 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 30.99. Petroteq Energy's value of 443.81 is 1332.1% 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 30.99, 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. Petroteq Energy's current Days Inventory of 443.81 is 1332.1% 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 Petroteq Energy and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroteq Energy's current Days Inventory is 443.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) has a current Days Inventory of 443.81. The current Days Inventory is 443.81 and 1332.1% above the Oil & Gas industry median of 30.99. 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 Petroteq Energy (PQEFF), the current Days Inventory is 443.81 as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.