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Tesco (TESO) Days Inventory : 157.91 (As of Sep. 2017)


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What is Tesco Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tesco's Average Total Inventories for the three months ended in Sep. 2017 was $76.2 Mil. Tesco's Cost of Goods Sold for the three months ended in Sep. 2017 was $44.0 Mil. Hence, Tesco's Days Inventory for the three months ended in Sep. 2017 was 157.91.

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

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

Tesco's Days Inventory declined from Sep. 2016 (174.21) to Sep. 2017 (157.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tesco's Inventory Turnover for the three months ended in Sep. 2017 was 0.58.

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. Tesco's Inventory-to-Revenue for the three months ended in Sep. 2017 was 1.88.


Tesco Days Inventory Historical Data

The historical data trend for Tesco'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.

Tesco Days Inventory Chart

Tesco Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.51 97.73 89.04 129.28 175.98

Tesco Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 174.21 165.59 160.89 151.02 157.91

Competitive Comparison of Tesco's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Tesco'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.


Tesco's Days Inventory Distribution in the Oil & Gas Industry

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

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



Tesco Days Inventory Calculation

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

Tesco's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (95.459 + 76.226) / 2 ) / 178.044*365
=85.8425 / 178.044*365
=175.98

Tesco's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

Days Inventory (Q: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2017 ) + Total Inventories (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (74.846 + 77.569) / 2 ) / 44.038*365 / 4
=76.2075 / 44.038*365 / 4
=157.91

* 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.


Tesco  (NAS:TESO) 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.

Tesco's Inventory Turnover for the three months ended in Sep. 2017 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.

Tesco's Inventory to Revenue for the three months ended in Sep. 2017 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.


Tesco Days Inventory Related Terms

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


Tesco (TESO) Business Description

Traded in Other Exchanges
N/A
Address
Tesco Corp is engaged in designing, manufacturing and service delivery of technology based solutions for the upstream energy industry. Its products and service offerings consist of equipment sales and services to drilling contractors.
Executives
Roy Mcniven officer: Vice President, TCUS 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Elijio V Serrano director 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Michael W Sutherlin director 7374 SE 71ST STREET, MERCER ISLAND WA 98040
John Dielwart director 5320 LEGACY DR., PLANO TX 75024
Rose M Robeson director 370 17TH STREET, SUITE 2775, DENVER CO 80202
Sloan Thomas B Jr officer: Vice President 3993 W SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77043
Julio M Quintana director 3993 W. SAM HOUSTON PARKWAY N., STE. 100, HOUSTON TX 77043
John T Reynolds director, 10 percent owner C/O C/O LIME ROCK PARTNERS, 518 RIVER SIDE AVE BLDG 11 2ND FL, WESTPORT CT 06880
Lime Rock Partners V Lp 10 percent owner C/O LIME ROCK MANAGEMENT LP, 274 RIVERSIDE AVE, 3RD FLOOR, WESTPORT CT 06880
Lrp V Luxembourg Holdings S.a R.l. 10 percent owner VERTIGO NAOS BUILDING, 6, RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Clifton Thomas Weatherford director 1001 E. HILLSDALE BOULEVARD, SUITE 800, FOSTER CITY CA 94404
Nigel M Lakey officer: Sr. VP, Marketing & Bus. Dev. 10260 WESTHEIMER RD., HOUSTON TX 77042
Anthony Tripodo officer: Exec. V. P. & CFO 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Capital Management Oss 10 percent owner 598 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022

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