Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Days Inventory : 2.99 (As of Dec. 2023)

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What is Strategic Environmental & Energy Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Strategic Environmental & Energy Resources's Average Total Inventories for the three months ended in Dec. 2023 was $0.02 Mil. Strategic Environmental & Energy Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.50 Mil. Hence, Strategic Environmental & Energy Resources's Days Inventory for the three months ended in Dec. 2023 was 2.99.

The historical rank and industry rank for Strategic Environmental & Energy Resources's Days Inventory or its related term are showing as below:

SENR' s Days Inventory Range Over the Past 10 Years
Min: 2.28 Med: 16.78 Max: 29.44
Current: 2.91

During the past 12 years, Strategic Environmental & Energy Resources's highest Days Inventory was 29.44. The lowest was 2.28. And the median was 16.78.

SENR's Days Inventory is ranked better than
90.52% of 211 companies
in the Waste Management industry
Industry Median: 23.54 vs SENR: 2.91

Strategic Environmental & Energy Resources's Days Inventory increased from Dec. 2022 (1.68) to Dec. 2023 (2.99). It might indicate that Strategic Environmental & Energy Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strategic Environmental & Energy Resources's Inventory Turnover for the three months ended in Dec. 2023 was 30.48.

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. Strategic Environmental & Energy Resources's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Strategic Environmental & Energy Resources Days Inventory Historical Data

The historical data trend for Strategic Environmental & Energy Resources'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.

* Premium members only.

Strategic Environmental & Energy Resources Days Inventory Chart

Strategic Environmental & Energy Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

17.98

26.53

29.44

12.46

2.28

Strategic Environmental & Energy Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															1.68	3.08	3.78	2.53	2.99

Competitive Comparison of Strategic Environmental & Energy Resources's Days Inventory

For the Waste Management subindustry, Strategic Environmental & Energy Resources'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.

Strategic Environmental & Energy Resources's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Strategic Environmental & Energy Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Strategic Environmental & Energy Resources's Days Inventory falls into.

Strategic Environmental & Energy Resources Days Inventory Calculation

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

Strategic Environmental & Energy Resources's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.009	+	0.017)	/	2 )	/	2.082	*	365
=	0.013					/	2.082	*	365
=	2.28

Strategic Environmental & Energy Resources's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.016	+	0.017)	/	2 )	/	0.503	*	365 / 4
=	0.0165					/	0.503	*	365 / 4
=	2.99

Strategic Environmental & Energy Resources (OTCPK:SENR) 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.

Strategic Environmental & Energy Resources's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.503	/	0.0165
	=	30.48

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.

Strategic Environmental & Energy Resources's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0165	/	0.745
	=	0.02

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.

Strategic Environmental & Energy Resources Days Inventory Related Terms

Thank you for viewing the detailed overview of Strategic Environmental & Energy Resources's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Strategic Environmental & Energy Resources Inc (OTCPK:SENR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Interlocken Boulevard, Suite 680, Broomfield, CO, USA, 80021

Website

https://www.seer-corp.com

Strategic Environmental & Energy Resources Inc provides environmental, renewable fuels and industrial waste stream management services to oil producers and refiners, railcar operators, industrial and manufacturing companies, medical facilities, government agencies, universities, and environmental consulting firms. The company operates in two business segments including Environmental Solutions and Solid Waste. It generates maximum revenue from the Environmental Solutions segment.

Executives

Fortunato Villamagna	officer: President, PWS*	10805 BERNINE DR., LAS VEGAS NV 89141
Michael John Cardillo	officer: President- REGS, LLC	7801 BTIGHTON ROAD, COMMERCE CITY CO 80022
Michael Jeffrey Readey	officer: Executive VP	751 PINE RIDGE ROAD, GOLDEN CO 80403
Monty R Lamirato	officer: Acting Chief Financial Officer
Combs Joseph John Iii	director, officer: CEO	7801 BRIGHTON ROAD, COMMERCE CITY CO 80022
John Paul Jenkin	director, officer: Executive VP	7801 BRIGHTON ROAD, COMMERCE CITY CO 80022