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FX Energy (FX Energy) Days Inventory : 9.64 (As of Sep. 2015)


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What is FX Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FX Energy's Average Total Inventories for the three months ended in Sep. 2015 was $0.10 Mil. FX Energy's Cost of Goods Sold for the three months ended in Sep. 2015 was $0.95 Mil. Hence, FX Energy's Days Inventory for the three months ended in Sep. 2015 was 9.64.

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

FXEN's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.41
* Ranked among companies with meaningful Days Inventory only.

FX Energy's Days Inventory increased from Sep. 2014 (4.19) to Sep. 2015 (9.64). It might indicate that FX Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FX Energy's Inventory Turnover for the three months ended in Sep. 2015 was 9.47.

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. FX Energy's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.02.


FX Energy Days Inventory Historical Data

The historical data trend for FX Energy'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.

FX Energy Days Inventory Chart

FX Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.81 17.93 44.77 11.23 4.97

FX Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 4.19 5.13 70.25 8.02 9.64

Competitive Comparison of FX Energy's Days Inventory

For the Oil & Gas E&P subindustry, FX Energy'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.


FX Energy's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where FX Energy's Days Inventory falls into.



FX Energy Days Inventory Calculation

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

FX Energy's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (0.1 + 0.097) / 2 ) / 7.231*365
=0.0985 / 7.231*365
=4.97

FX Energy's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

Days Inventory (Q: Sep. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (0.101 + 0.099) / 2 ) / 0.947*365 / 4
=0.1 / 0.947*365 / 4
=9.64

* 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.


FX Energy  (NAS:FXEN) 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.

FX Energy's Inventory Turnover for the three months ended in Sep. 2015 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.

FX Energy's Inventory to Revenue for the three months ended in Sep. 2015 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.


FX Energy Days Inventory Related Terms

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


FX Energy (FX Energy) Business Description

Traded in Other Exchanges
N/A
Address
FX Energy Inc was founded in 1989. The Company is an independent oil and gas exploration and production company with principal production, reserves, and exploration in Poland and oil production, oilfield service, and exploration activities in the United States. Company concentrates its exploration efforts in Poland on the Rotliegend sandstones of the Permian Basin. As of December 31, 2013, Company held oil and gas exploration rights in Poland in a number of separately designated project areas encompassing approximately 2.7 million gross acres. In Poland, it has projects involving the exploration and exploitation of oil and gas prospects in partnership with Polskie Górnictwo Naftowe i Gazownictwo or PGNiG, the Polish national oil and gas company, other industry partners, and for its own account. In the United States, it explores for and produces oil from fields in Montana and Nevada, and it have an oilfield services company in northern Montana that performs contract drilling and well-servicing operations. Company operates within two segments of the oil and gas industry: the exploration and production, or E&P, segment in Poland and the United States, and the oilfield services segment in the United States. The Company faces competition from larger oil and gas companies. The Companys oil and gas exploration, development, and production activities in Poland are subject to Polands laws and regulations and its United States operations are subject to governmental risks that may impact its operations.
Executives
Clay Newton officer: Vice President 3006 HIGHLAND DRIVE, SALT LAKE CITY UT 84106
Scott J Duncan officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
David N Pierce director, officer: CEO 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Andrew W Pierce officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Thomas B Lovejoy officer: Vice President 48 BURYING HILL ROAD, GREENWICH CT 06831
H Allen Turner director DEVON ENERGY CORP, 20 NORTH BROADWAY STE 1500, OKLAHOMA CITY OK 73102-8260
Dennis B Goldstein director 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Jerzy B Maciolek director, officer: Vice President 3006 HIGHLAND DR, STE 206, SALT LAKE CITY UT 84106
Grundvig Arnold S Jr director 2135 CASTLE HILL AVE, SALT LAKE CITY UT 84121
Richard Hardman director
David L Worrell director 1469 ROSE VILLA STREET, PASADENA CA 91106

FX Energy (FX Energy) Headlines

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