RZREF (Razor Energy) Days Inventory: 6.12 (As of Sep. 2023)


RZREF Razor Energy Corp RZREF
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What is Razor Energy Days Inventory?

Razor Energy RZREF -99.00% 12 Days Inventory is 6.12 as of Sep. 2023. GuruFocus rates RZREF with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Razor Energy's Average Total Inventories for the three months ended in Sep. 2023 was $0.42 Mil. Razor Energy's Cost of Goods Sold for the three months ended in Sep. 2023 was $6.21 Mil. Hence, Razor Energy's Days Inventory for the three months ended in Sep. 2023 was 6.12.

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

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

Razor Energy's Days Inventory increased from Sep. 2022 (3.91) to Sep. 2023 (6.12). It might indicate that Razor Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Razor Energy's Inventory Turnover for the three months ended in Sep. 2023 was 14.91.

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. Razor Energy's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.02.


Razor Energy  (OTCPK:RZREF) 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.

Razor 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.

Razor 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.


Razor Energy Days Inventory Related Terms


Razor Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for Razor 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.

Razor Energy Days Inventory Chart

Razor Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 6.18 5.46 6.83 4.33

Razor Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 3.91 4.31 4.83 7.49 6.12

RZREF vs COP, EOG, PXD: Days Inventory Comparison

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


Razor Energy Days Inventory vs Oil & Gas Industry

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

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


RZREF
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Razor Energy Corp RZREF
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Razor Energy Days Inventory Calculation

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

Razor Energy's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.584 + 0.486) / 2 ) / 45.065*365
=0.535 / 45.065*365
=4.33

Razor 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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.433 + 0.4) / 2 ) / 6.21*365 / 4
=0.4165 / 6.21*365 / 4
=6.12

* 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 6.12 mean?
Razor Energy (RZREF) has a Days Inventory of 6.12 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Razor Energy and its competitors.
Is Razor Energy's Days Inventory too high?
Razor Energy's current Days Inventory is 6.12. The Oil & Gas industry median Days Inventory is 31.01. Razor Energy's value of 6.12 is 80.3% below this industry median. Overall, Razor Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Razor Energy's Days Inventory compare to COP and EOG?
Razor Energy's Days Inventory of 6.12 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. Razor Energy's value of 6.12 is 80.3% below 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. Razor Energy's current Days Inventory of 6.12 is 80.3% below 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 Razor Energy 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. Razor Energy's current Days Inventory is 6.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Razor Energy stock overvalued right now?
Razor Energy (RZREF) has a current Days Inventory of 6.12. The current Days Inventory is 6.12 and 80.3% below the Oil & Gas industry median of 31.01. Razor Energy's overall GF Score™ is 12/100. 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 Razor Energy (RZREF), the current Days Inventory is 6.12 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.

Razor Energy Business Description

Industry EnergyOil & Gas
Address 500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5
Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.
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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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