Ensign Energy Services (TSX:ESI) Days Inventory: 10.64 (As of Mar. 2026) — 33% Below Median


TSX:ESI Ensign Energy Services Inc TSX:ESI
77 GF Score
Price C$3.28
GF Value C$2.38
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ensign Energy Services Days Inventory?

Ensign Energy Services TSX:ESI +0.61% 77 Days Inventory is 10.64 as of Mar. 2026, which is 33% below its 10-year median of 15.82. GuruFocus rates TSX:ESI with a GF Score™ of 77/100 and a GF Value™ of C$2.38 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 687 Oil & Gas companies, Ensign Energy Services ranks better than 76.86% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ensign Energy Services's Average Total Inventories for the three months ended in Mar. 2026 was C$46 Mil. Ensign Energy Services's Cost of Goods Sold for the three months ended in Mar. 2026 was C$394 Mil. Hence, Ensign Energy Services's Days Inventory for the three months ended in Mar. 2026 was 10.64.

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

TSX:ESI' s Days Inventory Range Over the Past 10 Years
Min: 11   Med: 15.82   Max: 23.75
Current: 11

During the past 13 years, Ensign Energy Services's highest Days Inventory was 23.75. The lowest was 11.00. And the median was 15.82.

TSX:ESI's Days Inventory is ranked better than
76.86% of 687 companies
in the Oil & Gas industry
Industry Median: 31.01 vs TSX:ESI: 11.00

Ensign Energy Services's Days Inventory declined from Mar. 2025 (11.33) to Mar. 2026 (10.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ensign Energy Services's Inventory Turnover for the three months ended in Mar. 2026 was 8.57.

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. Ensign Energy Services's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.11.


Ensign Energy Services  (TSX:ESI) 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.

Ensign Energy Services's Inventory Turnover for the three months ended in Mar. 2026 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.

Ensign Energy Services's Inventory to Revenue for the three months ended in Mar. 2026 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.


Ensign Energy Services Days Inventory Related Terms


Ensign Energy Services Days Inventory Historical Data

* Premium members only.

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Days Inventory Chart

Ensign Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.00 13.97 13.83 12.78 11.23

Ensign Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.33 11.82 10.59 10.47 10.64

TSX:ESI vs NE, RIG, VAL: Days Inventory Comparison

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.


Ensign Energy Services Days Inventory vs Oil & Gas Industry

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

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


TSX:ESI
77GF Score
Ensign Energy Services Inc TSX:ESI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Ensign Energy Services Days Inventory Calculation

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

Ensign Energy Services's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (50.473 + 44.194) / 2 ) / 1538.953*365
=47.3335 / 1538.953*365
=11.23

Ensign Energy Services's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (44.194 + 47.612) / 2 ) / 393.541*365 / 4
=45.903 / 393.541*365 / 4
=10.64

* 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 10.64 mean?
Ensign Energy Services (TSX:ESI) has a Days Inventory of 10.64 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ensign Energy Services and its competitors. This is 33% below median its historical median of 15.82. Over the past decade, Ensign Energy Services' Days Inventory has ranged from 11.00 to 23.75. According to the industry distribution chart, Ensign Energy Services ranks #159 out of 687 companies in the Oil & Gas industry, placing it in the top 23.1%.
Is Ensign Energy Services' Days Inventory too high?
Ensign Energy Services' current Days Inventory of 10.64 is 33% below median its 10-year median of 15.82. Over the past 10 years, this metric has ranged from a low of 11.00 to a high of 23.75. The Oil & Gas industry median Days Inventory is 31.01. Ensign Energy Services' value of 10.64 is 65.7% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #159 out of 687 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ensign Energy Services has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Days Inventory compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #159 out of 687 companies for Days Inventory. This places Ensign Energy Services in the top 23% of its industry — outperforming the majority of peers. The industry median Days Inventory is 31.01. Ensign Energy Services' value of 10.64 is 65.7% below this benchmark. Historically, Ensign Energy Services' own Days Inventory has ranged from 11.00 to 23.75 over the past decade. While the company's 10-year median is 15.82 vs. the industry median of 31.01, Ensign Energy Services has consistently been below the industry average. 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 687 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. Ensign Energy Services's current Days Inventory of 10.64 is 65.7% 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 Ensign Energy Services 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. Ensign Energy Services's current Days Inventory is 10.64, which is 33% below median its own 10-year median of 15.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.38, compared to a current price of C$3.28 — trading 37.8% above its estimated fair value. The current Days Inventory is 10.64, which is 33% below median its 10-year median of 15.82 and 65.7% below the Oil & Gas industry median of 31.01. Ensign Energy Services' overall GF Score™ is 77/100 with 3 warning signs to review. 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 Ensign Energy Services (TSX:ESI), the current Days Inventory is 10.64 as of Mar. 2026. 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.

Is Ensign Energy Services (TSX:ESI) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued. The current stock price of C$3.28 is trading 37.8% above its estimated GF Value™ of C$2.38. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:ESI:

  • Days Inventory: 10.64 (33% below median its 10-year median of 15.82)
  • GF Value™: C$2.38 vs. price of C$3.28 (37.8% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 65.7% below the Oil & Gas median (#159 of 687)

No single metric tells the full story. See the TSX:ESI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ensign Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges ESVIF:USAENB:Germany
Address 400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
77GF Score

Get the complete analysis for TSX:ESI

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

C$3.28
Price
C$2.38
GF Value