Twin Butte Energy (Twin Butte Energy) Days Inventory : 0.00 (As of Jun. 2016)

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What is Twin Butte Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Twin Butte Energy's Average Total Inventories for the three months ended in Jun. 2016 was $0.0 Mil. Twin Butte Energy's Cost of Goods Sold for the three months ended in Jun. 2016 was $20.2 Mil. Hence, Twin Butte Energy's Days Inventory for the three months ended in Jun. 2016 was 0.00.

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

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

Twin Butte Energy's Days Inventory stayed the same from Jun. 2015 (0.00) to Jun. 2016 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Twin Butte Energy's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.00.

Twin Butte Energy Days Inventory Historical Data

The historical data trend for Twin Butte 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.

Twin Butte Energy Days Inventory Chart

Twin Butte Energy Annual Data

Trend

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Days Inventory

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Twin Butte Energy Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Twin Butte Energy's Days Inventory

For the Oil & Gas E&P subindustry, Twin Butte 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.

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

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

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

Twin Butte Energy Days Inventory Calculation

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

Twin Butte Energy's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	108.189	*	365
=	0					/	108.189	*	365
=	0.00

Twin Butte Energy's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

	Days Inventory (Q: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	20.161	*	365 / 4
=	0					/	20.161	*	365 / 4
=	0.00

Twin Butte Energy (OTCPK:TBTEF) 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.

Twin Butte Energy's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.161	/	0
	=

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.

Twin Butte Energy's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	31.627
	=	0.00

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.

Twin Butte Energy Days Inventory Related Terms

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

Twin Butte Energy (Twin Butte Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Twin Butte Energy Ltd (OTCPK:TBTEF) » Definitions » Days Inventory

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Address

410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5

Website

http://www.twinbutteenergy.com

Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

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