BOREF (Borealis Exploration) Inventory Turnover: 0.00 (As of Sep. 2024)

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BOREF Borealis Exploration Ltd BOREF
29 GF Score
Price $2.00
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What is Borealis Exploration Inventory Turnover?

Borealis Exploration BOREF 29 Inventory Turnover is 0.00 as of Sep. 2024. GuruFocus rates BOREF with a GF Score™ of 29/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Borealis Exploration's Cost of Goods Sold for the six months ended in Sep. 2024 was $0.00 Mil. Borealis Exploration's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.00 Mil.

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

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.

Borealis Exploration  (OTCPK:BOREF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Borealis Exploration's Days Inventory for the six months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=0/0*365 / 2
=

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.

Borealis Exploration's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0 / 0
=

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Borealis Exploration Inventory Turnover Related Terms

Borealis Exploration Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Borealis Exploration's Inventory Turnover 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.

Borealis Exploration Inventory Turnover Chart

Borealis Exploration Annual Data
Trend Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Borealis Exploration Semi-Annual Data
Mar13 Mar14 Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BOREF
29GF Score
Borealis Exploration Ltd BOREF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Borealis Exploration Inventory Turnover Calculation

Borealis Exploration's Inventory Turnover for the fiscal year that ended in Sep. 2024 is calculated as

Inventory Turnover (A: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2024 ) / ((Total Inventories (A: Sep. 2023 ) + Total Inventories (A: Sep. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Borealis Exploration's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Sep. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Borealis Exploration (BOREF) has a Inventory Turnover of 0.00 as of Sep. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Borealis Exploration and its competitors.
Is Borealis Exploration's Inventory Turnover too high?
Borealis Exploration's current Inventory Turnover is 0.00. Overall, Borealis Exploration has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Exploration's Inventory Turnover compare to EDGM and NIMU?
Borealis Exploration's Inventory Turnover of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Diversified Financial Services company?
A good Inventory Turnover depends on the Diversified Financial Services industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Borealis Exploration and its competitors. Borealis Exploration's current Inventory Turnover 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 Borealis Exploration stock overvalued right now?
Borealis Exploration (BOREF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Borealis Exploration's overall GF Score™ is 29/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Borealis Exploration (BOREF), the current Inventory Turnover is 0.00 as of Sep. 2024. 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.

Borealis Exploration Business Description

Address 43/1 Main Street, Suite 1, Gibraltar, GIB, GX11 1AA
Borealis Exploration Ltd's principal activity is to hold a loan due from Borealis Holdings Limited (BHL) and accrue interest on the outstanding balance of this loan.
29GF Score

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

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