Trinidad Drilling (Trinidad Drilling) Days Inventory : 5.56 (As of Sep. 2018)

Trinidad Drilling Days Inventory Chart

Trinidad Drilling Annual Data
	Trend	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Days Inventory		Get a 7-Day Free Trial					6.27	11.31	23.44	13.38	7.18

Trinidad Drilling Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Inventory	Get a 7-Day Free Trial															6.07	6.26	3.48	6.79	5.56

Competitive Comparison of Trinidad Drilling's Days Inventory

For the Oil & Gas Drilling subindustry, Trinidad Drilling'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.

Trinidad Drilling's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trinidad Drilling's Days Inventory falls into.

Trinidad Drilling Days Inventory Calculation

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

Trinidad Drilling's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Trinidad Drilling's Days Inventory for the quarter that ended in Sep. 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.

Trinidad Drilling  (OTCPK:TDGCF) 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.

Trinidad Drilling's Inventory Turnover for the three months ended in Sep. 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.

Trinidad Drilling's Inventory to Revenue for the three months ended in Sep. 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.

Trinidad Drilling Days Inventory Related Terms

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Trinidad Drilling (Trinidad Drilling) Business Description