KLX Energy Services Holdings (KLX Energy Services Holdings) Days Inventory : 20.07 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is KLX Energy Services Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KLX Energy Services Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $33.5 Mil. KLX Energy Services Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $152.1 Mil. Hence, KLX Energy Services Holdings's Days Inventory for the three months ended in Dec. 2023 was 20.07.

The historical rank and industry rank for KLX Energy Services Holdings's Days Inventory or its related term are showing as below:

KLXE' s Days Inventory Range Over the Past 10 Years
Min: 10.64 Med: 13.66 Max: 19.02
Current: 16.37

During the past 8 years, KLX Energy Services Holdings's highest Days Inventory was 19.02. The lowest was 10.64. And the median was 13.66.

KLXE's Days Inventory is ranked better than
66.99% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs KLXE: 16.37

KLX Energy Services Holdings's Days Inventory increased from Dec. 2022 (14.13) to Dec. 2023 (20.07). It might indicate that KLX Energy Services Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. KLX Energy Services Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 4.55.

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. KLX Energy Services Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.17.

KLX Energy Services Holdings Days Inventory Historical Data

The historical data trend for KLX Energy Services Holdings'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.

KLX Energy Services Holdings Days Inventory Chart

KLX Energy Services Holdings Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

12.61

10.64

19.02

13.66

16.07

KLX Energy Services Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															14.13	13.34	15.32	17.68	20.07

Competitive Comparison of KLX Energy Services Holdings's Days Inventory

For the Oil & Gas Equipment & Services subindustry, KLX Energy Services Holdings'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.

KLX Energy Services Holdings's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where KLX Energy Services Holdings's Days Inventory falls into.

KLX Energy Services Holdings Days Inventory Calculation

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

KLX Energy Services Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (25.7	+	33.5)	/	2 )	/	672.5	*	365
=	29.6					/	672.5	*	365
=	16.07

KLX Energy Services Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (33.4	+	33.5)	/	2 )	/	152.1	*	365 / 4
=	33.45					/	152.1	*	365 / 4
=	20.07

KLX Energy Services Holdings (NAS:KLXE) 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.

KLX Energy Services Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	152.1	/	33.45
	=	4.55

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.

KLX Energy Services Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	33.45	/	194.2
	=	0.17

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.

KLX Energy Services Holdings Days Inventory Related Terms

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

KLX Energy Services Holdings (KLX Energy Services Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » KLX Energy Services Holdings Inc (NAS:KLXE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KX4A:Germany

Address

3040 Post Oak Boulevard, 15th Floor, Houston, TX, USA, 77056

Website

https://www.klxenergy.com

KLX Energy Services Holdings Inc is a provider of completion, intervention and production services and products to the onshore oil and gas producing regions of the United States. It serves the companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control services, wireline services, fishing services, and engineered products. The company's segments include Southwest; Rocky Mountains and Northeast/Mid-Con region.

Executives

Christopher J. Baker	officer: See Remarks	C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2900, HOUSTON TX 77002
Keefer Mcgovern Lehner	officer: See Remarks	C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Geoffrey C Stanford	officer: Chief Accouting Officer	4400 POST OAK PARKWAY, SUITE 1000, HOUSTON TX 77027
Max Bouthillette	officer: See Remarks	C/O QUINTANA ENERGY SERVICES, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Denham Capital Management Gp Llc	10 percent owner	185 DARTMOUTH STREET, BOSTON MA 02116
Denham Capital Management Lp	10 percent owner	185 DARTMOUTH STREET, BOSTON MA 02116
Denham Iv Continuation Fund Gp Lp	10 percent owner	185 DARTMOUTH STREET, BOSTON MA 02116
Stuart D Porter	10 percent owner	200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Denham Iv Continuation Gp Llc	10 percent owner	185 DARTMOUTH STREET, BOSTON MA 02116
Greene's Investment Holdings Llc	10 percent owner	185 DARTMOUTH STREET, BOSTON MA 02116
Denham Iv Continuation Fund Lp	10 percent owner	185 DARTMOUTH STREET, BOSTON MA 02116
Greene's Holding Corp	10 percent owner	185 DARTMOUTH STREET, BOSTON MA 02116
Robertson Corbin J Jr	director, 10 percent owner, other: Member of 10% owner group	601 JEFFERSON STE 3600, HOUSTON TX 77002
John T Whates	director	1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Collins	director	THE COLLINS GROUP, 60 STATE ST, SUITE 700, BOSTON MA 02109