Simba Essel Energy (Simba Essel Energy) Inventory Turnover : 0.00 (As of Mar. 2019)

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What is Simba Essel Energy Inventory Turnover?

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. Simba Essel Energy's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.00 Mil. Simba Essel Energy's Average Total Inventories for the quarter that ended in Mar. 2019 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.

Simba Essel Energy Inventory Turnover Historical Data

The historical data trend for Simba Essel 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.

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Simba Essel Energy Inventory Turnover Chart

Simba Essel Energy Annual Data

Trend

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Inventory Turnover

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Simba Essel Energy Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Simba Essel Energy Inventory Turnover Calculation

Simba Essel Energy's Inventory Turnover for the fiscal year that ended in Jun. 2018 is calculated as

	Inventory Turnover (A: Jun. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2018 )	/ (	(Total Inventories (A: Jun. 2017 )	+	Total Inventories (A: Jun. 2018 ))	/	count )
=	0.005	/ (	(0	+	0)	/	1 )
=	0.005	/	0
=	N/A

Simba Essel Energy's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

	Inventory Turnover (Q: Mar. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2019 )	/ (	(Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Mar. 2019 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Simba Essel Energy (OTCPK:SMBZF) 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.

Simba Essel Energy's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2019 )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Simba Essel Energy's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2019 )	/	Revenue (Q: Mar. 2019 )
	=	0	/	0
	=

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.

Simba Essel Energy Inventory Turnover Related Terms

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Simba Essel Energy (Simba Essel Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Simba Essel Energy Inc (OTCPK:SMBZF) » Definitions » Inventory Turnover

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Address

905 West Pender Street, Suite 210, Vancouver, BC, CAN, V6C 1L6

Website

http://www.simbaenergy.ca

Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.

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