GASXF (NG Energy International) Inventory Turnover: 16.90 (As of Mar. 2026)

What is NG Energy International Inventory Turnover?

NG Energy International GASXF -6.47% 22 Inventory Turnover is 16.90 as of Mar. 2026. GuruFocus rates GASXF with a GF Score™ of 22/100 and a GF Value™ of $0.96 (Fairly Valued). The stock has 4 warning signs investors should review.

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. NG Energy International's Cost of Goods Sold for the three months ended in Mar. 2026 was $5.04 Mil. NG Energy International's Average Total Inventories for the quarter that ended in Mar. 2026 was $0.30 Mil. NG Energy International's Inventory Turnover for the quarter that ended in Mar. 2026 was 16.90.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NG Energy International's Days Inventory for the three months ended in Mar. 2026 was 5.40.

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. NG Energy International's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.03.

NG Energy International (OTCPK:GASXF) 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.

NG Energy International's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	0.298	/	5.035	*	365 / 4
	=	5.40

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.

NG Energy International's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	0.298	/	9.526
	=	0.03

* 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.

NG Energy International Inventory Turnover Related Terms

NG Energy International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for NG Energy International's Inventory Turnover can be seen below:

NG Energy International Inventory Turnover Chart

NG Energy International Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

1.75

0.00

21.82

62.38

104.80

NG Energy International Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															16.39	36.51	43.20	33.85	16.90

22GF Score

NG Energy International Corp GASXF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

NG Energy International Inventory Turnover Calculation

NG Energy International's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	23.423	/ (	(0.165	+	0.282)	/	2 )
=	23.423	/	0.2235
=	104.80

NG Energy International's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	5.035	/ (	(0.282	+	0.314)	/	2 )
=	5.035	/	0.298
=	16.90

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 16.90 mean?

NG Energy International (GASXF) has a Inventory Turnover of 16.90 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on NG Energy International and its competitors.

Is NG Energy International's Inventory Turnover too high?

NG Energy International's current Inventory Turnover is 16.90. Overall, NG Energy International has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does NG Energy International's Inventory Turnover compare to COP and EOG?

NG Energy International's Inventory Turnover of 16.90 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas 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 NG Energy International and its competitors. NG Energy International's current Inventory Turnover is 16.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NG Energy International stock overvalued right now?

Based on GuruFocus' analysis, NG Energy International (GASXF) is currently considered Fairly Valued. The stock's GF Value™ is $0.96, compared to a current price of $0.94 — trading 2.1% below its estimated fair value. The current Inventory Turnover is 16.90. NG Energy International's overall GF Score™ is 22/100 with 4 warning signs to review. 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 NG Energy International (GASXF), the current Inventory Turnover is 16.90 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 NG Energy International (GASXF) Overvalued in 2026?

Based on GuruFocus' analysis, NG Energy International stock appears to be undervalued. The current stock price of $0.94 is trading 2.1% below its estimated GF Value™ of $0.96. GuruFocus considers NG Energy International to be Fairly Valued.

Key valuation signals for GASXF:

Inventory Turnover: 16.90
GF Value™: $0.96 vs. price of $0.94 (2.1% below fair value)
GF Score™: 22/100 with 4 warning signs

No single metric tells the full story. See the GASXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NG Energy International Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:IPO TSXV:RECO TSX:TAL TSXV:ALV TSX:RBY TSX:CVVY TSXV:EOG TSX:JOY TSXV:CEI TSX:PRQ HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges 56P:Germany GASX:Canada

Address 700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website https://www.ngenergyintl.com

NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas. The company's principal oil and natural gas properties include Maria Conchita Block, SN-9 Block, Tiburon Block, and VMM39 Block in Colombia.

22GF Score

Get the complete analysis for GASXF

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

$0.94

Price

$0.96

GF Value

View GASXF Analysis

See Inventory Turnover data for all stocks →