CES Energy Solutions (TSX:CEU) Inventory Turnover: 1.23 (As of Mar. 2026)

What is CES Energy Solutions Inventory Turnover?

CES Energy Solutions TSX:CEU +1.04% 77 Inventory Turnover is 1.23 as of Mar. 2026. GuruFocus rates TSX:CEU with a GF Score™ of 77/100 and a GF Value™ of C$9.30 (Significantly Overvalued). The stock has 1 warning sign 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. CES Energy Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was C$520 Mil. CES Energy Solutions's Average Total Inventories for the quarter that ended in Mar. 2026 was C$422 Mil. CES Energy Solutions's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CES Energy Solutions's Days Inventory for the three months ended in Mar. 2026 was 74.08.

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. CES Energy Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.62.

CES Energy Solutions (TSX:CEU) 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.

CES Energy Solutions'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
	=	422.0415	/	519.867	*	365 / 4
	=	74.08

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.

CES Energy Solutions'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 )
	=	422.0415	/	681.506
	=	0.62

* 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.

CES Energy Solutions Inventory Turnover Related Terms

CES Energy Solutions Inventory Turnover Historical Data

* Premium members only.

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

CES Energy Solutions Inventory Turnover Chart

CES Energy Solutions Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

4.14

4.35

4.03

4.14

4.42

CES Energy Solutions 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															1.09	1.02	1.12	1.19	1.23

77GF Score

CES Energy Solutions Corp TSX:CEU

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

View Full Analysis

CES Energy Solutions Inventory Turnover Calculation

CES Energy Solutions'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 )
=	1903.407	/ (	(447.051	+	414.942)	/	2 )
=	1903.407	/	430.9965
=	4.42

CES Energy Solutions'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 )
=	519.867	/ (	(414.942	+	429.141)	/	2 )
=	519.867	/	422.0415
=	1.23

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.23 mean?

CES Energy Solutions (TSX:CEU) has a Inventory Turnover of 1.23 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CES Energy Solutions and its competitors.

Is CES Energy Solutions' Inventory Turnover too high?

CES Energy Solutions' current Inventory Turnover is 1.23. Overall, CES Energy Solutions has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does CES Energy Solutions' Inventory Turnover compare to SLB and BKR?

CES Energy Solutions' Inventory Turnover of 1.23 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 CES Energy Solutions and its competitors. CES Energy Solutions's current Inventory Turnover is 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CES Energy Solutions stock overvalued right now?

Based on GuruFocus' analysis, CES Energy Solutions (TSX:CEU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.30, compared to a current price of C$16.54 — trading 77.8% above its estimated fair value. The current Inventory Turnover is 1.23. CES Energy Solutions' overall GF Score™ is 77/100 with 1 warning sign 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 CES Energy Solutions (TSX:CEU), the current Inventory Turnover is 1.23 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 CES Energy Solutions (TSX:CEU) Overvalued in 2026?

Based on GuruFocus' analysis, CES Energy Solutions stock appears to be overvalued. The current stock price of C$16.54 is trading 77.8% above its estimated GF Value™ of C$9.30. GuruFocus considers CES Energy Solutions to be Significantly Overvalued.

Key valuation signals for TSX:CEU:

Inventory Turnover: 1.23
GF Value™: C$9.30 vs. price of C$16.54 (77.8% above fair value)
GF Score™: 77/100 with 1 warning sign

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

CES Energy Solutions Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:EFX TSX:TVK TSX:TCW TSX:PSI TSX:TOT TSX:MATR TSX:CFW TSX:NOA TSX:MTEK TSX:SHLE SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS

Other Exchanges CESDF:USA 7C4:Germany

Address 332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2

Website https://www.cesenergysolutions.com

CES Energy Solutions Corp business is to design, implement, and manufacture consumable fluids and specialty chemicals for the North American oil and gas industry. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

77GF Score

Get the complete analysis for TSX:CEU

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

C$16.54

Price

C$9.30

GF Value

View TSX:CEU Analysis

See Inventory Turnover data for all stocks →