GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cobra Venture Corp (TSXV:CBV) » Definitions » Days Inventory

Cobra Venture (TSXV:CBV) Days Inventory : 0.00 (As of Feb. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Cobra Venture Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cobra Venture's Average Total Inventories for the three months ended in Feb. 2024 was C$0.00 Mil. Cobra Venture's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.21 Mil. Hence, Cobra Venture's Days Inventory for the three months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Cobra Venture's Days Inventory or its related term are showing as below:

TSXV:CBV's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.125
* Ranked among companies with meaningful Days Inventory only.

Cobra Venture's Days Inventory stayed the same from Nov. 2022 (0.00) to Feb. 2024 (0.00).

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

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. Cobra Venture's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.00.


Cobra Venture Days Inventory Historical Data

The historical data trend for Cobra Venture'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.

Cobra Venture Days Inventory Chart

Cobra Venture Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cobra Venture Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
Days Inventory 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 - - - - -

Competitive Comparison of Cobra Venture's Days Inventory

For the Oil & Gas E&P subindustry, Cobra Venture'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.


Cobra Venture's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cobra Venture's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cobra Venture's Days Inventory falls into.



Cobra Venture Days Inventory Calculation

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

Cobra Venture's Days Inventory for the fiscal year that ended in Nov. 2022 is calculated as

Days Inventory (A: Nov. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.956*365
=0 / 0.956*365
=0.00

Cobra Venture's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.213*365 / 4
=0 / 0.213*365 / 4
=0.00

* 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.


Cobra Venture  (TSXV:CBV) 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.

Cobra Venture's Inventory Turnover for the three months ended in Feb. 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.

Cobra Venture's Inventory to Revenue for the three months ended in Feb. 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.


Cobra Venture Days Inventory Related Terms

Thank you for viewing the detailed overview of Cobra Venture's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Cobra Venture (TSXV:CBV) Business Description

Traded in Other Exchanges
N/A
Address
2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1
Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.
Executives
Stephane Poirier 10% Security Holder

Cobra Venture (TSXV:CBV) Headlines

No Headlines