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Atwood Oceanics (Atwood Oceanics) Days Inventory : 181.13 (As of Jun. 2017)


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What is Atwood Oceanics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atwood Oceanics's Average Total Inventories for the three months ended in Jun. 2017 was $102.1 Mil. Atwood Oceanics's Cost of Goods Sold for the three months ended in Jun. 2017 was $51.4 Mil. Hence, Atwood Oceanics's Days Inventory for the three months ended in Jun. 2017 was 181.13.

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

ATW's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.555
* Ranked among companies with meaningful Days Inventory only.

Atwood Oceanics's Days Inventory increased from Jun. 2016 (118.39) to Jun. 2017 (181.13). It might indicate that Atwood Oceanics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atwood Oceanics's Inventory Turnover for the three months ended in Jun. 2017 was 0.50.

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. Atwood Oceanics's Inventory-to-Revenue for the three months ended in Jun. 2017 was 0.87.


Atwood Oceanics Days Inventory Historical Data

The historical data trend for Atwood Oceanics'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.

Atwood Oceanics Days Inventory Chart

Atwood Oceanics Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.83 80.38 82.50 88.24 111.22

Atwood Oceanics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 118.39 122.88 139.13 140.40 181.13

Competitive Comparison of Atwood Oceanics's Days Inventory

For the Oil & Gas Drilling subindustry, Atwood Oceanics'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.


Atwood Oceanics's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Atwood Oceanics's Days Inventory falls into.



Atwood Oceanics Days Inventory Calculation

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

Atwood Oceanics's Days Inventory for the fiscal year that ended in Sep. 2016 is calculated as

Days Inventory (A: Sep. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2015 ) + Total Inventories (A: Sep. 2016 )) / count ) / Cost of Goods Sold (A: Sep. 2016 )*Days in Period
=( (137.998 + 109.925) / 2 ) / 406.826*365
=123.9615 / 406.826*365
=111.22

Atwood Oceanics's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

Days Inventory (Q: Jun. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (101.721 + 102.444) / 2 ) / 51.427*365 / 4
=102.0825 / 51.427*365 / 4
=181.13

* 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.


Atwood Oceanics  (NYSE:ATW) 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.

Atwood Oceanics's Inventory Turnover for the three months ended in Jun. 2017 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.

Atwood Oceanics's Inventory to Revenue for the three months ended in Jun. 2017 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.


Atwood Oceanics Days Inventory Related Terms

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


Atwood Oceanics (Atwood Oceanics) Business Description

Traded in Other Exchanges
N/A
Address
Atwood Oceanics, Inc. is an offshore drilling company that offers drilling and completion of exploratory and development oil and gas wells. An array of unique drilling units is offered globally in the offshore market. Rig options can differ by operative depth of water, bottom condition, environment and geographical area, and by drilling and operating requirement. The main fleet options consist of deepwater semisubmersibles, jackups, and ultra-deepwater rigs. The majority of Atwood's revenue is derived globally from major integrated oil and natural gas companies and independent oil and gas companies.
Executives
Jeffrey Allen Miller director 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Phil D Wedemeyer director
Jack E Golden director 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark W. Smith officer: SVP & Chief Financial Officer 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
George S Dotson director
James R Montague director FIVE RADNOR CORPORATE CENTER, SUITE 500, RADNOR PA 19087
Barry Michael Smith officer: Sr. VP - Technical Services 15835 PARK TEN PLACE DRIEV, HOUSTON TX 77084
Robert J. Saltiel officer: President & CEO 4 GREENWAY PLAZA, HOUSTON TX 77046
Walter A Baker officer: Sr Vice Pres., General Counsel 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Stuart D Allen officer: See Remarks 1004 STANFORD ST., UNIT B, HOUSTON TX 77019
Geoffrey C. Wagner officer: VP, Marketing & Bus. Dev. 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Mark-anthony Lovell Mey officer: Exec. VP & CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Alan Quintero officer: Senior Vice President - Operat 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084

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