Source Energy ServicesTSX:SHLE -0.15%69 Days Inventory is 56.28 as of Mar. 2026, which is 12% below its 10-year median of 64.12. GuruFocus rates TSX:SHLE with a GF Score™ of 69/100 and a GF Value™ of C$12.84 (Fairly Valued). The stock has 7 warning signs investors should review. Among 688 Oil & Gas companies, Source Energy Services ranks worse than 72.38% on this metric.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Source Energy Services's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.62.
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.
Source Energy Services's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.53.
Source Energy Services (TSX:SHLE) 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.
Source 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.
Source 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.
Source Energy Services Days Inventory Related Terms
Source Energy Services Days Inventory Historical Data
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The historical data trend for Source 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.
TSX:SHLE vs SLB, BKR, HAL: Days Inventory Comparison
For the Oil & Gas Equipment & Services subindustry, Source 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.
Source Energy Services Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Source Energy Services's Days Inventory distribution charts can be found below:
* The bar in red indicates where Source Energy Services's Days Inventory falls into.
* 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.
Source Energy Services (TSX:SHLE) has a Days Inventory of 56.28 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Source Energy Services and its competitors. This is 12% below median its historical median of 64.12. Over the past decade, Source Energy Services' Days Inventory has ranged from 56.79 to 92.70. According to the industry distribution chart, Source Energy Services ranks #498 out of 688 companies in the Oil & Gas industry, placing it in the top 72.4%.
Is Source Energy Services' Days Inventory too high?
Source Energy Services' current Days Inventory of 56.28 is 12% below median its 10-year median of 64.12. Over the past 10 years, this metric has ranged from a low of 56.79 to a high of 92.70. The Oil & Gas industry median Days Inventory is 31.00. Source Energy Services' value of 56.28 is 81.5% above this industry median. Based on the distribution chart, Source Energy Services ranks #498 out of 688 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Source Energy Services has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Source Energy Services' Days Inventory compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Source Energy Services ranks #498 out of 688 companies for Days Inventory. This places Source Energy Services in the lower half of its industry. The industry median Days Inventory is 31.00. Source Energy Services' value of 56.28 is 81.5% above this benchmark. Historically, Source Energy Services' own Days Inventory has ranged from 56.79 to 92.70 over the past decade. While the company's 10-year median is 64.12 vs. the industry median of 31.00, Source Energy Services has consistently been above 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 31.00, 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. Source Energy Services's current Days Inventory of 56.28 is 81.5% 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 Source Energy Services 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. Source Energy Services's current Days Inventory is 56.28, which is 12% below median its own 10-year median of 64.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Source Energy Services (TSX:SHLE) is currently considered Fairly Valued. The stock's GF Value™ is C$12.84, compared to a current price of C$13.60 — trading 5.9% above its estimated fair value. The current Days Inventory is 56.28, which is 12% below median its 10-year median of 64.12 and 81.5% above the Oil & Gas industry median of 31.00. Source Energy Services' overall GF Score™ is 69/100 with 7 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 Source Energy Services (TSX:SHLE), the current Days Inventory is 56.28 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 Source Energy Services (TSX:SHLE) Overvalued in 2026?
Based on GuruFocus' analysis, Source Energy Services stock appears to be overvalued.
The current stock price of C$13.60 is trading 5.9% above its estimated GF Value™ of C$12.84.
GuruFocus considers Source Energy Services to be Fairly Valued.
Key valuation signals for TSX:SHLE:
Days Inventory: 56.28 (12% below median its 10-year median of 64.12)
GF Value™: C$12.84 vs. price of C$13.60 (5.9% above fair value)
Industry Position: 81.5% above the Oil & Gas median (#498 of 688)
No single metric tells the full story. See the TSX:SHLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin, United States, and Peace River, Alberta, Canada mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.
69GF Score
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