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Jericho Energy Ventures (TSXV:JEV) Days Inventory : 0.00 (As of Jun. 2024)


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What is Jericho Energy Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jericho Energy Ventures's Average Total Inventories for the three months ended in Jun. 2024 was C$0.00 Mil. Jericho Energy Ventures's Cost of Goods Sold for the three months ended in Jun. 2024 was C$0.33 Mil. Hence, Jericho Energy Ventures's Days Inventory for the three months ended in Jun. 2024 was 0.00.

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

TSXV:JEV's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.235
* Ranked among companies with meaningful Days Inventory only.

Jericho Energy Ventures's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 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.


Jericho Energy Ventures Days Inventory Historical Data

The historical data trend for Jericho Energy Ventures'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.

* Premium members only.

Jericho Energy Ventures Days Inventory Chart

Jericho Energy Ventures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Jericho Energy Ventures Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Jericho Energy Ventures's Days Inventory

For the Oil & Gas E&P subindustry, Jericho Energy Ventures'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.


Jericho Energy Ventures's Days Inventory Distribution in the Oil & Gas Industry

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

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



Jericho Energy Ventures Days Inventory Calculation

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

Jericho Energy Ventures'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 ) / 0.844*365
=0 / 0.844*365
=0.00

Jericho Energy Ventures's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.326*365 / 4
=0 / 0.326*365 / 4
=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.


Jericho Energy Ventures  (TSXV:JEV) 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.

Jericho Energy Ventures's Inventory Turnover for the three months ended in Jun. 2024 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.

Jericho Energy Ventures's Inventory to Revenue for the three months ended in Jun. 2024 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.


Jericho Energy Ventures Days Inventory Related Terms

Thank you for viewing the detailed overview of Jericho Energy Ventures's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Jericho Energy Ventures Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3
Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. The company also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, and new energy systems.
Executives
Michael Graves 10% Security Holder
Allen W Wilson Director
Brian Williamson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Jericho Energy Ventures Headlines

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