RZREF (Razor Energy) Total Inventories: $0.40 Mil (As of Sep. 2023)

What is Razor Energy Total Inventories?

Razor Energy RZREF -99.00% 12 Total Inventories is $0.40 Mil as of Sep. 2023. GuruFocus rates RZREF with a GF Score™ of 12/100.

Razor Energy's total inventories for the quarter that ended in Sep. 2023 was $0.40 Mil. Razor Energy's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was $0.42 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Razor Energy's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-3.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Razor Energy's Days Inventory for the three months ended in Sep. 2023 was 6.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Razor Energy's Inventory Turnover for the quarter that ended in Sep. 2023 was 14.91.

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. Razor Energy's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.

Razor Energy (OTCPK:RZREF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Razor Energy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

	Net-Net Working Capital Per Share (Q: Sep. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.041	+	0.75 * 9.888	+	0.5 * 0.4	-	122.655
-	0	-	0)	/	35.290
=	-3.23

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Razor Energy's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.4165	/	6.21	*	365 / 4
	=	6.12

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Razor Energy's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2023 )	/	Average Total Inventories (Q: Sep. 2023 )
	=	6.21	/	0.4165
	=	14.91

4. 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.

Razor Energy's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.4165	/	18.8
	=	0.02

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Razor Energy Total Inventories Related Terms

Razor Energy Total Inventories Historical Data

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The historical data trend for Razor Energy's Total Inventories can be seen below:

Razor Energy Total Inventories Chart

Razor Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

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0.90

0.26

0.27

0.58

0.49

Razor Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Inventories	Get a 7-Day Free Trial															0.57	0.49	0.50	0.43	0.40

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Razor Energy Corp RZREF

Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.

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Razor Energy Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →

What does a Total Inventories of $0.40 Mil mean?

Razor Energy (RZREF) has a Total Inventories of $0.40 Mil as of Sep. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Razor Energy and its competitors.

Is Razor Energy's Total Inventories too high?

Razor Energy's current Total Inventories is $0.40 Mil. Overall, Razor Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Razor Energy's Total Inventories compare to COP and EOG?

Razor Energy's Total Inventories of $0.40 Mil 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 Total Inventories for an Oil & Gas company?

A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?

A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Razor Energy and its competitors. Razor Energy's current Total Inventories is $0.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Razor Energy stock overvalued right now?

Razor Energy (RZREF) has a current Total Inventories of $0.40 Mil. The current Total Inventories is $0.40 Mil. Razor Energy's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Inventories calculated?

Total Inventories is calculated from a company's financial statements. For Razor Energy (RZREF), the current Total Inventories is $0.40 Mil as of Sep. 2023. 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.

Razor Energy Business Description

Industry Energy Oil & Gas

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Address 500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5

Website https://www.razor-energy.com

Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.

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