ZEFIF (Zefiro Methane) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Zefiro Methane 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. Zefiro Methane's Cost of Goods Sold for the three months ended in Sep. 2024 was $6.74 Mil. Zefiro Methane's Average Total Inventories for the quarter that ended in Sep. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Zefiro Methane's Days Inventory for the three months ended in Sep. 2024 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. Zefiro Methane's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Zefiro Methane Inventory Turnover Historical Data

The historical data trend for Zefiro Methane'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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Zefiro Methane Inventory Turnover Chart

Zefiro Methane Annual Data

Trend

Jun22

Jun23

Jun24

Inventory Turnover

Zefiro Methane Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial						-	1,689.67	1,960.67	2,149.33	-

Zefiro Methane Inventory Turnover Calculation

Zefiro Methane's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

	Inventory Turnover (A: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2024 )	/ (	(Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )
=	23.11	/ (	(0	+	0)	/	1 )
=	23.11	/	0
=	N/A

Zefiro Methane's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	6.744	/ (	(0	+	0)	/	1 )
=	6.744	/	0
=	N/A

Zefiro Methane (OTCPK:ZEFIF) 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.

Zefiro Methane's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0	/	6.744	*	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.

Zefiro Methane's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0	/	10.006
	=	0.00

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.

Zefiro Methane Inventory Turnover Related Terms

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Zefiro Methane Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zefiro Methane Corp (OTCPK:ZEFIF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

Y6B:Germany ZEFI:Canada

Address

2501 - 550 Burrard Street, Vancouver, BC, CAN, V6C 2B5

Website

https://www.zefiromethane.com

Zefiro Methane Corp provides end-of-life solutions for industrial oil and gas operations that emit harmful greenhouse gas (GHG) emissions, specifically methane released from orphaned and abandoned oil and gas wells or associated midstream assets. It generates carbon credits, which can then be sold into carbon credit markets, by reducing methane emissions through the plugging of orphaned and abandoned oil and gas wells. Its services include methane testing, quantification, and monitoring, asset retirement and methane abatement, and carbon offset generation among others. It has a single segment, being the provider of a range of turnkey solutions to plug onshore oil and gas wells across the Appalachian Basin. It operates in the United States which generates all of its revenue, and Canada.