Days Inventory is also known as Days Sales of Inventory (DSI). Zefiro Methane's Average Total Inventories for the
three
months ended in Mar. 2024 was C$0.00 Mil. Zefiro Methane's Cost of Goods Sold for the
three
months ended in Mar. 2024 was C$7.96 Mil.
Hence, Zefiro Methane's Days Inventory for the
three
months ended in Mar. 2024 was 0.05.
The historical rank and industry rank for Zefiro Methane's Days Inventory or its related term are showing as below:
NEOE:ZEFI'
s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.06
Current: 0.06
During the past 2 years, Zefiro Methane's highest Days Inventory was 0.06. The lowest was 0.00. And the median was 0.00.
NEOE:ZEFI's Days Inventory is ranked better than 98.53% of 1561
companies
in the Software industry
Industry Median: 19.35
vs NEOE:ZEFI: 0.06
Zefiro Methane's Days Inventory
increased
from Mar. 2023 (0.00) to Mar. 2024 (0.05).
It might indicate that Zefiro Methane's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Zefiro Methane's Inventory Turnover for the
three
months ended in Mar. 2024 was 1,990.25.
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
three
months ended in Mar. 2024 was 0.00.
Zefiro Methane Days Inventory Historical Data
The historical data trend for Zefiro Methane's Days Inventory 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.
Competitive Comparison of Zefiro Methane's Days Inventory
For the Information Technology Services subindustry, Zefiro Methane's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Zefiro Methane's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Zefiro Methane's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zefiro Methane's Days Inventory falls into.
Zefiro Methane Days Inventory Calculation
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 fiscal year that ended in Jun. 2023 is calculated as
* 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.
Zefiro Methane (NEOE:ZEFI) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Zefiro Methane's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
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
three
months ended in Mar. 2024 is calculated as
* 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
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Zefiro Methane Days Inventory Related Terms
Thank you for viewing the detailed overview of Zefiro Methane's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Zefiro Methane Corp is in the business of providing end-of-life solutions for industrial oil and gas operations that currently or potentially emit harmful greenhouse gas (GHG) emissions, specifically methane released from orphaned and abandoned oil and gas wells or associated midstream assets. The Company seeks to generate 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.
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