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Ensco PLC (NYSE:ESV)
Days Inventory
60.82 (As of Jun. 2016)

Ensco PLC's average inventory for the three months ended in Jun. 2016 was $233 Mil. Ensco PLC's cost of goods sold for the three months ended in Jun. 2016 was $350 Mil. Hence, Ensco PLC's days inventory for the three months ended in Jun. 2016 was 60.82.

ESV' s Days Inventory Range Over the Past 10 Years
Min: 19.48   Max: 56.54
Current: 56.54

19.48
56.54

During the past 13 years, Ensco PLC's highest Days Inventory was 56.54. The lowest was 19.48. And the median was 22.10.

ESV's Days Inventory is ranked lower than
63% of the 49 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 35.87 vs. ESV: 56.54 )

Ensco PLC's days inventory increased from Jun. 2015 (45.58) to Jun. 2016 (60.82). It might indicate that Ensco PLC's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory can be measured by Days Sales of Inventory (DSI). Ensco PLC's days sales of inventory (DSI) for the three months ended in Jun. 2016 was 23.41.

Inventory turnover measures how fast the company turns over its inventory within a year. Ensco PLC's inventory turnover for the three months ended in Jun. 2016 was 1.50.

Inventory to revenue ratio 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. Ensco PLC's inventory to revenue ratio for the three months ended in Jun. 2016 was 0.26.


Definition

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

Ensco PLC's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (240.3 + 235.3) / 2 ) / 1869.6*365
=237.8 / 1869.6*365
=46.43

Ensco PLC's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2016 ) + Inventory (Q: Jun. 2016 )) / 2 ) / COGS (Q: Jun. 2016 )*Days in Period
=( (235.4 + 231.4) / 2 ) / 350.2*365 / 4
=233.4 / 350.2*365 / 4
=60.82

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Ensco PLC's Days Sales of Inventory for the three months ended in Jun. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=233.4/909.6*365 / 4
=23.41

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

Ensco PLC's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

3. 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.

Ensco PLC's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Ensco PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 0.000.000.000.000.000.0023.0819.4821.1246.43

Ensco PLC Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 22.9922.0423.1443.8543.2045.5853.4854.0359.0560.82
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