TXLZF (Tesla Exploration) Inventory Turnover: 0.00 (As of Mar. 2016)

What is Tesla Exploration Inventory Turnover?

Tesla Exploration TXLZF -90.00% Inventory Turnover is 0.00 as of Mar. 2016.

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. Tesla Exploration's Cost of Goods Sold for the three months ended in Mar. 2016 was $17.20 Mil. Tesla Exploration's Average Total Inventories for the quarter that ended in Mar. 2016 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tesla Exploration's Days Inventory for the three months ended in Mar. 2016 was 0.00.

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. Tesla Exploration's Inventory-to-Revenue for the quarter that ended in Mar. 2016 was 0.00.

Tesla Exploration (OTCPK:TXLZF) 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.

Tesla Exploration's Days Inventory for the three months ended in Mar. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2016 )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
	=	0	/	17.198	*	365 / 4
	=	0.00

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.

Tesla Exploration's Inventory to Revenue for the quarter that ended in Mar. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2016 )	/	Revenue (Q: Mar. 2016 )
	=	0	/	13.445
	=	0.00

* 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.

Tesla Exploration Inventory Turnover Related Terms

Tesla Exploration Inventory Turnover Historical Data

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The historical data trend for Tesla Exploration's Inventory Turnover can be seen below:

Tesla Exploration Inventory Turnover Chart

Tesla Exploration Annual Data

Trend

Apr06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Inventory Turnover

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0.00

61.02

46.13

0.00

Tesla Exploration Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Tesla Exploration Inventory Turnover Calculation

Tesla Exploration's Inventory Turnover for the fiscal year that ended in Dec. 2015 is calculated as

	Inventory Turnover (A: Dec. 2015 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2015 )	/ (	(Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )
=	68.624	/ (	(0	+	0)	/	1 )
=	68.624	/	0
=	N/A

Tesla Exploration's Inventory Turnover for the quarter that ended in Mar. 2016 is calculated as

	Inventory Turnover (Q: Mar. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2016 )	/ (	(Total Inventories (Q: Dec. 2015 )	+	Total Inventories (Q: Mar. 2016 ))	/	count )
=	17.198	/ (	(0	+	0)	/	1 )
=	17.198	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Tesla Exploration (TXLZF) has a Inventory Turnover of 0.00 as of Mar. 2016. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tesla Exploration and its competitors.

Is Tesla Exploration's Inventory Turnover too high?

Tesla Exploration's current Inventory Turnover is 0.00.

How does Tesla Exploration's Inventory Turnover compare to SES and DPDW?

Tesla Exploration's Inventory Turnover of 0.00 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 Tesla Exploration and its competitors. Tesla Exploration's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tesla Exploration stock overvalued right now?

Tesla Exploration (TXLZF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Tesla Exploration (TXLZF), the current Inventory Turnover is 0.00 as of Mar. 2016. 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.

Tesla Exploration Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:VLS OSL:HAVI WAR:PBG TSX:SHLE SGX:BLZ SGX:5PL BOM:532773 ASX:BLV SES DPDW NGM:GGEO SGX:EB7 BSP:LUPA3 BAS NSE:SOUTHWEST SAEX TSXV:WEE ENSV BKK:PAE CRR

Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7

Website http://www.teslaexploration.com

Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.