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Layne Christensen Co (Layne Christensen Co) Days Inventory : 22.95 (As of Apr. 2018)


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What is Layne Christensen Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Layne Christensen Co's Average Total Inventories for the three months ended in Apr. 2018 was $21.6 Mil. Layne Christensen Co's Cost of Goods Sold for the three months ended in Apr. 2018 was $86.0 Mil. Hence, Layne Christensen Co's Days Inventory for the three months ended in Apr. 2018 was 22.95.

The historical rank and industry rank for Layne Christensen Co's Days Inventory or its related term are showing as below:

LAYN's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 48.6
* Ranked among companies with meaningful Days Inventory only.

Layne Christensen Co's Days Inventory increased from Apr. 2017 (20.57) to Apr. 2018 (22.95). It might indicate that Layne Christensen Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Layne Christensen Co's Inventory Turnover for the three months ended in Apr. 2018 was 3.98.

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. Layne Christensen Co's Inventory-to-Revenue for the three months ended in Apr. 2018 was 0.19.


Layne Christensen Co Days Inventory Historical Data

The historical data trend for Layne Christensen Co'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.

Layne Christensen Co Days Inventory Chart

Layne Christensen Co Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.03 18.10 21.14 18.26 18.85

Layne Christensen Co Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
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 20.57 19.02 18.46 20.15 22.95

Competitive Comparison of Layne Christensen Co's Days Inventory

For the Engineering & Construction subindustry, Layne Christensen Co'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.


Layne Christensen Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Layne Christensen Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Layne Christensen Co's Days Inventory falls into.



Layne Christensen Co Days Inventory Calculation

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

Layne Christensen Co's Days Inventory for the fiscal year that ended in Jan. 2018 is calculated as

Days Inventory (A: Jan. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2017 ) + Total Inventories (A: Jan. 2018 )) / count ) / Cost of Goods Sold (A: Jan. 2018 )*Days in Period
=( (18.697 + 20.02) / 2 ) / 374.761*365
=19.3585 / 374.761*365
=18.85

Layne Christensen Co's Days Inventory for the quarter that ended in Apr. 2018 is calculated as:

Days Inventory (Q: Apr. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2018 ) + Total Inventories (Q: Apr. 2018 )) / count ) / Cost of Goods Sold (Q: Apr. 2018 )*Days in Period
=( (20.02 + 23.258) / 2 ) / 86.026*365 / 4
=21.639 / 86.026*365 / 4
=22.95

* 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.


Layne Christensen Co  (NAS:LAYN) 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.

Layne Christensen Co's Inventory Turnover for the three months ended in Apr. 2018 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.

Layne Christensen Co's Inventory to Revenue for the three months ended in Apr. 2018 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.


Layne Christensen Co Days Inventory Related Terms

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


Layne Christensen Co (Layne Christensen Co) Business Description

Traded in Other Exchanges
N/A
Address
Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.
Executives
Nesser John T Iii director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi director AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson officer: Senior Vice President and CFO
Brown David A B director
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus director
Wynnefield Small Cap Value Offshore Fund Ltd other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc other: Affiliate 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I other: Affiliate 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes other: Affiliate
Andrew B Schmitt director 1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller director
Wynnefield Capital, Inc. Profit Sharing Plan director, 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123