TXLZF (Tesla Exploration) Days Inventory: 0.00 (As of Mar. 2016)

What is Tesla Exploration Days Inventory?

Tesla Exploration TXLZF -90.00% Days Inventory is 0.00 as of Mar. 2016.

Days Inventory is also known as Days Sales of Inventory (DSI). Tesla Exploration's Average Total Inventories for the three months ended in Mar. 2016 was $0.00 Mil. Tesla Exploration's Cost of Goods Sold for the three months ended in Mar. 2016 was $17.20 Mil. Hence, Tesla Exploration's Days Inventory for the three months ended in Mar. 2016 was 0.00.

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

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

Tesla Exploration's Days Inventory stayed the same from Mar. 2015 (0.00) to Mar. 2016 (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. Tesla Exploration's Inventory-to-Revenue for the three months ended in Mar. 2016 was 0.00.

Tesla Exploration (OTCPK:TXLZF) 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.

Tesla Exploration's Inventory Turnover for the three months ended in Mar. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17.198	/	0
	=

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.

Tesla Exploration's Inventory to Revenue for the three months ended in Mar. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	13.445
	=	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.

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.

Tesla Exploration Days Inventory Related Terms

Tesla Exploration Days Inventory Historical Data

* Premium members only.

The historical data trend for Tesla Exploration's Days Inventory can be seen below:

Tesla Exploration Days Inventory Chart

Tesla Exploration Annual Data

Trend

Apr06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Inventory

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0.00

5.98

7.91

0.00

Tesla Exploration Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

TXLZF vs SES, DPDW, BAS: Days Inventory Comparison

For the Oil & Gas Equipment & Services subindustry, Tesla Exploration'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.

Tesla Exploration Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Tesla Exploration's Days Inventory falls into.

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Tesla Exploration Days Inventory Calculation

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

Tesla Exploration's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	68.624	*	365
=	0					/	68.624	*	365
=	0.00

Tesla Exploration's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

	Days Inventory (Q: Mar. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2015 )	+	Total Inventories (Q: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	17.198	*	365 / 4
=	0					/	17.198	*	365 / 4
=	0.00

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Tesla Exploration (TXLZF) has a Days Inventory of 0.00 as of Mar. 2016. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tesla Exploration and its competitors.

Is Tesla Exploration's Days Inventory too high?

Tesla Exploration's current Days Inventory is 0.00.

How does Tesla Exploration's Days Inventory compare to SES and DPDW?

Tesla Exploration's Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. 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. 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 Tesla Exploration 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. Tesla Exploration's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tesla Exploration stock overvalued right now?

Tesla Exploration (TXLZF) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Tesla Exploration (TXLZF), the current Days Inventory is 0.00 as of Mar. 2016. 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.

Tesla Exploration Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:VLS OSL:HAVI WAR:PBG TSX:SHLE SGX:BLZ SGX:5PL BOM:532773 ASX:BLV SES DPDW NGM:GGEO SGX:EB7 BSP:LUPA3 BAS NSE:SOUTHWEST SAEX TSXV:WEE ENSV BKK:PAE CRR

Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7

Website http://www.teslaexploration.com

Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.