Ensign Energy Services (TSX:ESI) Total Inventories: C$48 Mil (As of Mar. 2026)


TSX:ESI Ensign Energy Services Inc TSX:ESI
77 GF Score
Price C$3.31
GF Value C$2.34
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ensign Energy Services Total Inventories?

Ensign Energy Services TSX:ESI -4.89% 77 Total Inventories is C$48 Mil as of Mar. 2026. GuruFocus rates TSX:ESI with a GF Score™ of 77/100 and a GF Value™ of C$2.34 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Ensign Energy Services's total inventories for the quarter that ended in Mar. 2026 was C$48 Mil. Ensign Energy Services's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was C$46 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ensign Energy Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was C$-6.05.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ensign Energy Services's Days Inventory for the three months ended in Mar. 2026 was 10.64.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ensign Energy Services's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.57.

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. Ensign Energy Services's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.11.


Ensign Energy Services  (TSX:ESI) 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.

Ensign Energy Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.944+0.75 * 315.32+0.5 * 47.612-1392.502
-0-0)/184.312
=-6.05

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

Ensign Energy Services'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
=45.903/393.541*365 / 4
=10.64

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

Ensign Energy Services's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=393.541 / 45.903
=8.57

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.

Ensign Energy Services'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 )
=45.903 / 418.033
=0.11

* 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.


Ensign Energy Services Total Inventories Related Terms


Ensign Energy Services Total Inventories Historical Data

* Premium members only.

The historical data trend for Ensign Energy Services's Total Inventories 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.

Ensign Energy Services Total Inventories Chart

Ensign Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.17 60.76 56.81 50.47 44.19

Ensign Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.14 44.42 45.36 44.19 47.61
TSX:ESI
77GF Score
Ensign Energy Services Inc TSX:ESI
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Ensign Energy Services 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 C$48 Mil mean?
Ensign Energy Services (TSX:ESI) has a Total Inventories of C$48 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Ensign Energy Services and its competitors.
Is Ensign Energy Services' Total Inventories too high?
Ensign Energy Services' current Total Inventories is C$48 Mil. Overall, Ensign Energy Services has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Total Inventories compare to NE and RIG?
Ensign Energy Services' Total Inventories of C$48 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 Ensign Energy Services and its competitors. Ensign Energy Services's current Total Inventories is C$48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.34, compared to a current price of C$3.31 — trading 41.5% above its estimated fair value. The current Total Inventories is C$48 Mil. Ensign Energy Services' overall GF Score™ is 77/100 with 3 warning signs to review. 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 Ensign Energy Services (TSX:ESI), the current Total Inventories is C$48 Mil 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued. The current stock price of C$3.31 is trading 41.5% above its estimated GF Value™ of C$2.34. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:ESI:

  • Total Inventories: C$48 Mil
  • GF Value™: C$2.34 vs. price of C$3.31 (41.5% above fair value)
  • GF Score™: 77/100 with 3 warning signs

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


Ensign Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges ESVIF:USAENB:Germany
Address 400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
77GF Score

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

C$3.31
Price
C$2.34
GF Value