Zenith Energy (OSL:ZENA) Inventory Turnover: 0.29 (As of Mar. 2026)

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Zenith Energy Ltd OSL:ZENA

31 GF Score

Price kr0.58

GF Value kr0.27

Valuation Significantly Overvalued

6 Warning Signs

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What is Zenith Energy Inventory Turnover?

Zenith Energy OSL:ZENA -4.64% 31 Inventory Turnover is 0.29 as of Mar. 2026. GuruFocus rates OSL:ZENA with a GF Score™ of 31/100 and a GF Value™ of kr0.27 (Significantly Overvalued). The stock has 6 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. Zenith Energy's Cost of Goods Sold for the six months ended in Mar. 2026 was kr5.20 Mil. Zenith Energy's Average Total Inventories for the quarter that ended in Mar. 2026 was kr17.66 Mil. Zenith Energy's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zenith Energy's Days Inventory for the six months ended in Mar. 2026 was 620.29.

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. Zenith Energy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.02.

Zenith Energy (OSL:ZENA) 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.

Zenith Energy's Days Inventory for the six 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
	=	17.6605	/	5.196	*	365 / 2
	=	620.29

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.

Zenith Energy'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 )
	=	17.6605	/	8.758
	=	2.02

* 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.

Zenith Energy Inventory Turnover Related Terms

Zenith Energy Inventory Turnover Historical Data

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

Zenith Energy Inventory Turnover Chart

Zenith Energy Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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0.81

1.49

1.20

0.91

0.73

Zenith Energy Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.94	0.28	0.65	0.43	0.29

31GF Score

Zenith Energy Ltd OSL:ZENA

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

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Zenith Energy Inventory Turnover Calculation

Zenith Energy's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

	Inventory Turnover (A: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2026 )	/ (	(Total Inventories (A: Mar. 2025 )	+	Total Inventories (A: Mar. 2026 ))	/	count )
=	12.813	/ (	(17.941	+	17.374)	/	2 )
=	12.813	/	17.6575
=	0.73

Zenith Energy'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: Sep. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	5.196	/ (	(17.947	+	17.374)	/	2 )
=	5.196	/	17.6605
=	0.29

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.29 mean?

Zenith Energy (OSL:ZENA) has a Inventory Turnover of 0.29 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Zenith Energy and its competitors.

Is Zenith Energy's Inventory Turnover too high?

Zenith Energy's current Inventory Turnover is 0.29. Overall, Zenith Energy has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

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

Zenith Energy's Inventory Turnover of 0.29 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 Zenith Energy and its competitors. Zenith Energy's current Inventory Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Zenith Energy stock overvalued right now?

Based on GuruFocus' analysis, Zenith Energy (OSL:ZENA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.27, compared to a current price of kr0.58 — trading 113.3% above its estimated fair value. The current Inventory Turnover is 0.29. Zenith Energy's overall GF Score™ is 31/100 with 6 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 Zenith Energy (OSL:ZENA), the current Inventory Turnover is 0.29 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 Zenith Energy (OSL:ZENA) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Energy stock appears to be overvalued. The current stock price of kr0.58 is trading 113.3% above its estimated GF Value™ of kr0.27. GuruFocus considers Zenith Energy to be Significantly Overvalued.

Key valuation signals for OSL:ZENA:

Inventory Turnover: 0.29
GF Value™: kr0.27 vs. price of kr0.58 (113.3% above fair value)
GF Score™: 31/100 with 6 warning signs

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

Zenith Energy Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:JOG LSE:STAR LSE:CRCL LSE:PRD LSE:ENW LSE:PMG LSE:MATD LSE:CHAR LSE:HE1 LSE:QHE HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges ZENAF:USA ZENA SDR:Sweden ZEN:UK ZCL:Germany

Address 850 2nd Street, 15th Floor, Bankers Court, Calgary, AB, CAN, T2P 4K9

Website https://www.zenithenergy.ca

Zenith Energy Ltd is an international independent oil and gas company with production, exploration, and development assets in the Republic of the Congo, Italy, and Tunisia. The company's strategic focus is the development of revenue-generating oil production assets, as well as low-risk exploration activities in assets with existing production. Its segments are Italy, Tunisia and Others.

31GF Score

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

kr0.58

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kr0.27

GF Value

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