GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dockwise Ltd (GREY:DOCKF) » Definitions » Days Inventory

Dockwise (Dockwise) Days Inventory : 12.01 (As of Dec. 2012)


View and export this data going back to . Start your Free Trial

What is Dockwise Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dockwise's Average Total Inventories for the three months ended in Dec. 2012 was $29.2 Mil. Dockwise's Cost of Goods Sold for the three months ended in Dec. 2012 was $221.4 Mil. Hence, Dockwise's Days Inventory for the three months ended in Dec. 2012 was 12.01.

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

DOCKF's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 11.545
* Ranked among companies with meaningful Days Inventory only.

Dockwise's Days Inventory declined from Dec. 2011 (14.57) to Dec. 2012 (12.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dockwise's Inventory Turnover for the three months ended in Dec. 2012 was 7.60.

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. Dockwise's Inventory-to-Revenue for the three months ended in Dec. 2012 was 0.19.


Dockwise Days Inventory Historical Data

The historical data trend for Dockwise'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.

Dockwise Days Inventory Chart

Dockwise Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.94 21.70 26.90 25.49 22.33

Dockwise Quarterly Data
Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 14.57 22.60 28.18 46.00 12.01

Competitive Comparison of Dockwise's Days Inventory

For the Marine Shipping subindustry, Dockwise'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.


Dockwise's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dockwise's Days Inventory distribution charts can be found below:

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



Dockwise Days Inventory Calculation

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

Dockwise's Days Inventory for the fiscal year that ended in Dec. 2012 is calculated as

Days Inventory (A: Dec. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (18.264 + 28.504) / 2 ) / 382.233*365
=23.384 / 382.233*365
=22.33

Dockwise's Days Inventory for the quarter that ended in Dec. 2012 is calculated as:

Days Inventory (Q: Dec. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2012 ) + Total Inventories (Q: Dec. 2012 )) / count ) / Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=( (29.801 + 28.504) / 2 ) / 221.442*365 / 4
=29.1525 / 221.442*365 / 4
=12.01

* 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.


Dockwise  (GREY:DOCKF) 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.

Dockwise's Inventory Turnover for the three months ended in Dec. 2012 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.

Dockwise's Inventory to Revenue for the three months ended in Dec. 2012 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.


Dockwise Days Inventory Related Terms

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


Dockwise (Dockwise) Business Description

Traded in Other Exchanges
N/A
Address
Lage Mosten 21, P.O. Box 3208, Breda, NLD, 4800
Dockwise Ltd provides transportation services to the offshore, onshore, and yachting industries; and installation services for heavy offshore platforms worldwide.