Days Inventory is also known as Days Sales of Inventory (DSI). Newpark Resources's Average Total Inventories for the
three
months ended in Dec. 2023 was €131.8 Mil. Newpark Resources's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €125.6 Mil.
Hence, Newpark Resources's Days Inventory for the
three
months ended in Dec. 2023 was 95.72.
The historical rank and industry rank for Newpark Resources's Days Inventory or its related term are showing as below:
FRA:NWP'
s Days Inventory Range Over the Past 10 Years
Min: 80.18 Med: 98.62 Max: 132.95
Current: 87.33
During the past 13 years, Newpark Resources's highest Days Inventory was 132.95. The lowest was 80.18. And the median was 98.62.
FRA:NWP's Days Inventory is ranked worse than 82.72% of 729
companies
in the Oil & Gas industry
Industry Median: 31.63
vs FRA:NWP: 87.33
Newpark Resources's Days Inventory
increased
from Dec. 2022 (78.28) to Dec. 2023 (95.72).
It might indicate that Newpark Resources's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Newpark Resources's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.95.
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.
Newpark Resources's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.86.
Newpark Resources Days Inventory Historical Data
The historical data trend for Newpark Resources'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.
Newpark Resources Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
103.73
140.15
100.86
77.62
88.12
Newpark Resources Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
78.28
83.41
90.81
82.62
95.72
Competitive Comparison
For the Oil & Gas Equipment & Services subindustry, Newpark Resources'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.
Newpark Resources Days Inventory Distribution
For the Oil & Gas industry and Energy sector, Newpark Resources's Days Inventory distribution charts can be found below:
* The bar in red indicates where Newpark Resources's Days Inventory falls into.
Newpark Resources Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Newpark Resources's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Newpark Resources (FRA:NWP) 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.
Newpark Resources's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Newpark Resources's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Newpark Resources Days Inventory Related Terms
Thank you for viewing the detailed overview of Newpark Resources's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Newpark Resources Inc is a diversified supplier providing environmentally-sensitive products, as well as rentals and services to customers across multiple industries. The company has two operating segments: Industrial Solutions segment provides temporary worksite access solutions, including the rental of recyclable composite matting systems, along with related site construction and services to customers in various markets including power transmission, oil and natural gas exploration and production, pipeline, renewable energy, petrochemical, construction, and other industries and Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers for oil, natural gas, and geothermal projects.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:NWP has been successfully added to your 