Energy XXI (LSE:EXXI) Days Inventory : 0.47 (As of Sep. 2016)

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What is Energy XXI Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Energy XXI's Average Total Inventories for the three months ended in Sep. 2016 was $0.4 Mil. Energy XXI's Cost of Goods Sold for the three months ended in Sep. 2016 was $83.1 Mil. Hence, Energy XXI's Days Inventory for the three months ended in Sep. 2016 was 0.47.

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

LSE:EXXI' s Days Inventory Range Over the Past 10 Years
Min: 0.24 Med: 4.45 Max: 6.15
Current: 0.24

During the past 11 years, Energy XXI's highest Days Inventory was 6.15. The lowest was 0.24. And the median was 4.45.

LSE:EXXI's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.41 vs LSE:EXXI: 0.24

Energy XXI's Days Inventory declined from Sep. 2015 (6.50) to Sep. 2016 (0.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Energy XXI's Inventory Turnover for the three months ended in Sep. 2016 was 196.18.

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. Energy XXI's Inventory-to-Revenue for the three months ended in Sep. 2016 was 0.00.

Energy XXI Days Inventory Historical Data

The historical data trend for Energy XXI'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.

Energy XXI Days Inventory Chart

Energy XXI Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Days Inventory

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5.41

4.45

5.14

5.51

3.75

Energy XXI Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Days Inventory	Get a 7-Day Free Trial															6.50	-	0.38	0.41	0.47

Competitive Comparison of Energy XXI's Days Inventory

For the Oil & Gas E&P subindustry, Energy XXI'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.

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

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

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

Energy XXI Days Inventory Calculation

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

Energy XXI's Days Inventory for the fiscal year that ended in Jun. 2016 is calculated as

	Days Inventory (A: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2015 )	+	Total Inventories (A: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2016 )	*	Days in Period
=	( (7.867	+	0.423)	/	2 )	/	403.44	*	365
=	4.145					/	403.44	*	365
=	3.75

Energy XXI's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

	Days Inventory (Q: Sep. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2016 )	+	Total Inventories (Q: Sep. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2016 )	*	Days in Period
=	( (0.423	+	0.424)	/	2 )	/	83.083	*	365 / 4
=	0.4235					/	83.083	*	365 / 4
=	0.47

Energy XXI (LSE:EXXI) 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.

Energy XXI's Inventory Turnover for the three months ended in Sep. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.083	/	0.4235
	=	196.18

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.

Energy XXI's Inventory to Revenue for the three months ended in Sep. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4235	/	142.611
	=	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.

Energy XXI Days Inventory Related Terms

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

Energy XXI (LSE:EXXI) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.energyxxi.com

Energy XXI Ltd, formerly Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. The Company's properties are located onshore in Louisiana and Texas and in the Gulf of Mexico Shelf.

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