Poseidon Concepts (Poseidon Concepts) Days Inventory

: 63.52 (As of Sep. 2012)

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Days Inventory is also known as Days Sales of Inventory (DSI). Poseidon Concepts's Average Total Inventories for the three months ended in Sep. 2012 was $6.5 Mil. Poseidon Concepts's Cost of Goods Sold for the three months ended in Sep. 2012 was $9.3 Mil. Hence, Poseidon Concepts's Days Inventory for the three months ended in Sep. 2012 was 63.52.

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

POOSF's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.63
* Ranked among companies with meaningful Days Inventory only.

Poseidon Concepts's Days Inventory increased from Sep. 2011 (0.00) to Sep. 2012 (63.52). It might indicate that Poseidon Concepts's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Poseidon Concepts's Inventory Turnover for the three months ended in Sep. 2012 was 1.44.

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. Poseidon Concepts's Inventory-to-Revenue for the three months ended in Sep. 2012 was 0.15.

Poseidon Concepts Days Inventory Historical Data

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Days Inventory

53.17

55.88

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Days Inventory											-	79.53	66.68	146.39	63.52

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.

Poseidon Concepts Days Inventory Distribution

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

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

Poseidon Concepts Days Inventory Calculation

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

Poseidon Concepts's Days Inventory for the fiscal year that ended in Dec. 2011 is calculated as

	Days Inventory (A: Dec. 2011 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2010 )	+	Total Inventories (A: Dec. 2011 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2011 )	*	Days in Period
=	( (0.089	+	2.79)	/	2 )	/	9.402	*	365
=	1.4395					/	9.402	*	365
=	55.88

Poseidon Concepts's Days Inventory for the quarter that ended in Sep. 2012 is calculated as:

	Days Inventory (Q: Sep. 2012 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2012 )	+	Total Inventories (Q: Sep. 2012 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2012 )	*	Days in Period
=	( (6.255	+	6.651)	/	2 )	/	9.27	*	365 / 4
=	6.453					/	9.27	*	365 / 4
=	63.52

Poseidon Concepts (GREY:POOSF) 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.

Poseidon Concepts's Inventory Turnover for the three months ended in Sep. 2012 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.27	/	6.453
	=	1.44

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.

Poseidon Concepts's Inventory to Revenue for the three months ended in Sep. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.453	/	42.028
	=	0.15

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.

Poseidon Concepts Days Inventory Related Terms

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

Poseidon Concepts (Poseidon Concepts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Poseidon Concepts Corp (GREY:POOSF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8

Website

http://www.poseidonconcepts.com

Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

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