MEG Inventory Turnover from 2010 to 2024

MEG Stock  CAD 28.31  0.43  1.50%   
MEG Energy Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to grow to 28.80 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
19.7106383
Current Value
28.8
Quarterly Volatility
12.05907135
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MEG Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MEG Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 339.4 M, Interest Expense of 181.4 M or Selling General Administrative of 91 M, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0 or PTB Ratio of 1.22. MEG financial statements analysis is a perfect complement when working with MEG Energy Valuation or Volatility modules.
  
This module can also supplement various MEG Energy Technical models . Check out the analysis of MEG Energy Correlation against competitors.

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Other Information on Investing in MEG Stock

MEG Energy financial ratios help investors to determine whether MEG Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MEG with respect to the benefits of owning MEG Energy security.