GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marksmen Energy Inc (TSXV:MAH) » Definitions » Days Inventory

Marksmen Energy (TSXV:MAH) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Marksmen Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marksmen Energy's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. Marksmen Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.24 Mil. Hence, Marksmen Energy's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

TSXV:MAH's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.185
* Ranked among companies with meaningful Days Inventory only.

Marksmen Energy's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Marksmen Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Marksmen Energy Days Inventory Historical Data

The historical data trend for Marksmen 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.

* Premium members only.

Marksmen Energy Days Inventory Chart

Marksmen Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Marksmen Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Marksmen Energy's Days Inventory

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


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

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

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



Marksmen Energy Days Inventory Calculation

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

Marksmen Energy'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 ) / 0.725*365
=0 / 0.725*365
=0.00

Marksmen Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.236*365 / 4
=0 / 0.236*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.


Marksmen Energy  (TSXV:MAH) 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.

Marksmen Energy's Inventory Turnover for the three months ended in Dec. 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.

Marksmen Energy's Inventory to Revenue for the three months ended in Dec. 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.


Marksmen Energy Days Inventory Related Terms

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


Marksmen Energy (TSXV:MAH) Business Description

Traded in Other Exchanges
Address
400 - 3rd Avenue S.W., Suite 500, Calgary, AB, CAN, T2P 2Z1
Marksmen Energy Inc is involved in the acquisition, exploration, and development of petroleum and natural gas. The company's revenue is derived entirely through the sale of crude oil. Geographically, the group has a business presence in the United States and Canada.
Executives
Archibald Jonathon Nesbitt Director

Marksmen Energy (TSXV:MAH) Headlines

No Headlines