Days Inventory is also known as Days Sales of Inventory (DSI). Key Energy Services's Average Total Inventories for the
three
months ended in Sep. 2020 was $13.6 Mil. Key Energy Services's Cost of Goods Sold for the
three
months ended in Sep. 2020 was $40.7 Mil.
Hence, Key Energy Services's Days Inventory for the
three
months ended in Sep. 2020 was 30.42.
The historical rank and industry rank for Key Energy Services's Days Inventory or its related term are showing as below:
KEGX's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.48 * Ranked among companies with meaningful Days Inventory only.
Key Energy Services's Days Inventory
increased
from Sep. 2019 (13.35) to Sep. 2020 (30.42).
It might indicate that Key Energy Services's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Key Energy Services's Inventory Turnover for the
three
months ended in Sep. 2020 was 3.00.
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.
Key Energy Services's Inventory-to-Revenue for the
three
months ended in Sep. 2020 was 0.32.
Key Energy Services Days Inventory Historical Data
The historical data trend for Key Energy Services'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.
For the Oil & Gas Equipment & Services subindustry, Key Energy Services'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.
Key Energy Services Days Inventory Distribution
For the Oil & Gas industry and Energy sector, Key Energy Services's Days Inventory distribution charts can be found below:
* The bar in red indicates where Key Energy Services's Days Inventory falls into.
Key Energy Services Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Key Energy Services's Days Inventory for the fiscal year that ended in Dec. 2019 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.
Key Energy Services (OTCPK:KEGX) 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.
Key Energy Services's Inventory Turnover for the
three
months ended in Sep. 2020 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.
Key Energy Services's Inventory to Revenue for the
three
months ended in Sep. 2020 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.
Key Energy Services Days Inventory Related Terms
Thank you for viewing the detailed overview of Key Energy Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Key Energy Services (Key Energy Services) Business Description
Key Energy Services Inc is an onshore, rig-based well-servicing contractor. It provides a full range of well-services to oil companies, and independent oil and natural gas production companies. Its services include rig-based and coiled tubing-based well maintenance and workover services, well completion and re-completion services, fluid management services, fishing, and rental services, and other ancillary oilfield services. Its segment includes Rig Services, Fishing, and Rental Services, Coiled Tubing Services and Fluid Management Services within the United States. The company derives the maximum revenue from the Rig Services segment.
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