Efora Energy (JSE:EEL) Inventory Turnover: 3.60 (As of Aug. 2024)

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JSE:EEL Efora Energy Ltd JSE:EEL
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What is Efora Energy Inventory Turnover?

Efora Energy JSE:EEL 11 Inventory Turnover is 3.60 as of Aug. 2024. GuruFocus rates JSE:EEL with a GF Score™ of 11/100.

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. Efora Energy's Cost of Goods Sold for the six months ended in Aug. 2024 was R2.66 Mil. Efora Energy's Average Total Inventories for the quarter that ended in Aug. 2024 was R0.74 Mil. Efora Energy's Inventory Turnover for the quarter that ended in Aug. 2024 was 3.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Efora Energy's Days Inventory for the six months ended in Aug. 2024 was 50.66.

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. Efora Energy's Inventory-to-Revenue for the quarter that ended in Aug. 2024 was 0.26.

Efora Energy  (JSE:EEL) 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.

Efora Energy's Days Inventory for the six months ended in Aug. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Aug. 2024 )/Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=0.739/2.662*365 / 2
=50.66

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.

Efora Energy's Inventory to Revenue for the quarter that ended in Aug. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=0.739 / 2.887
=0.26

* 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.

Efora Energy Inventory Turnover Related Terms

Efora Energy Inventory Turnover Historical Data

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The historical data trend for Efora Energy'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.

Efora Energy Inventory Turnover Chart

Efora Energy Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.30 169.93 11.99 0.00 104.90

Efora Energy Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Inventory Turnover 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 0.00 10.61 0.00 42.26 3.60
JSE:EEL
11GF Score
Efora Energy Ltd JSE:EEL
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Efora Energy Inventory Turnover Calculation

Efora Energy's Inventory Turnover for the fiscal year that ended in Feb. 2024 is calculated as

Inventory Turnover (A: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2024 ) / ((Total Inventories (A: Feb. 2023 ) + Total Inventories (A: Feb. 2024 )) / count )
=40.806 / ((0 + 0.389) / 1 )
=40.806 / 0.389
=104.90

Efora Energy's Inventory Turnover for the quarter that ended in Aug. 2024 is calculated as

Inventory Turnover (Q: Aug. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Aug. 2024 ) / ((Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: Aug. 2024 )) / count )
=2.662 / ((0.389 + 1.089) / 2 )
=2.662 / 0.739
=3.60

* 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 3.60 mean?
Efora Energy (JSE:EEL) has a Inventory Turnover of 3.60 as of Aug. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Efora Energy and its competitors.
Is Efora Energy's Inventory Turnover too high?
Efora Energy's current Inventory Turnover is 3.60. Overall, Efora Energy has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Efora Energy's Inventory Turnover compare to COP and EOG?
Efora Energy's Inventory Turnover of 3.60 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 Efora Energy and its competitors. Efora Energy's current Inventory Turnover is 3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Efora Energy stock overvalued right now?
Efora Energy (JSE:EEL) has a current Inventory Turnover of 3.60. The current Inventory Turnover is 3.60. Efora Energy's overall GF Score™ is 11/100. 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 Efora Energy (JSE:EEL), the current Inventory Turnover is 3.60 as of Aug. 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.

Efora Energy Business Description

Industry EnergyOil & Gas
Address Leslie Avenue, 2nd Floor, Building 11, Design Quarter District, Fourways, Johannesburg, GT, ZAF, 2191
Efora Energy Ltd is an African oil and gas company. It has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi, and Botswana; and midstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. The operations of the Group comprise oil and gas exploration and production, crude trading, and the sale of petroleum products. It derives the majority of its revenue from the sale of petroleum products.
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