CSSV (Caspian Services) Change In Inventory: $-0.11 Mil (TTM As of Jun. 2016)

What is Caspian Services Change In Inventory?

Caspian Services CSSV Change In Inventory is $-0.11 Mil as of Jun. 2016.

Caspian Services's change in inventory for the quarter that ended in Jun. 2016 was $-0.04 Mil. It means Caspian Services's inventory increased by $0.04 Mil from Mar. 2016 to Jun. 2016 .

Caspian Services's change in inventory for the fiscal year that ended in Sep. 2015 was $-0.15 Mil. It means Caspian Services's inventory increased by $0.15 Mil from Sep. 2014 to Sep. 2015 .

Caspian Services's Total Inventories for the quarter that ended in Jun. 2016 was $0.72 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Caspian Services's Days Inventory for the quarter that ended in Jun. 2016 was 32.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Caspian Services's Inventory Turnover for the quarter that ended in Jun. 2016 was 2.85.

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. Caspian Services's Inventory-to-Revenue for the quarter that ended in Jun. 2016 was 0.14.

Caspian Services (OTCPK:CSSV) Change In Inventory Explanation

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

Caspian Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.699	/	1.991	*	365 / 4
	=	32.04

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Caspian Services's Inventory Turnover for the quarter that ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.991	/	0.699
	=	2.85

3. 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.

Caspian Services's Inventory to Revenue for the quarter that ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.699	/	5.011
	=	0.14

* 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.

Caspian Services Change In Inventory Related Terms

Caspian Services Change In Inventory Historical Data

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The historical data trend for Caspian Services's Change In Inventory can be seen below:

Caspian Services Change In Inventory Chart

Caspian Services Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Change In Inventory

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-0.14

-0.08

0.81

-0.43

-0.15

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Change In Inventory	Get a 7-Day Free Trial															0.06	-0.11	0.02	0.02	-0.04

Caspian Services Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.11 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $-0.11 Mil mean?

Caspian Services (CSSV) has a Change In Inventory of $-0.11 Mil as of Jun. 2016. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Caspian Services and its competitors.

Is Caspian Services' Change In Inventory too high?

Caspian Services' current Change In Inventory is $-0.11 Mil.

How does Caspian Services' Change In Inventory compare to GLRI and TIRTZ?

Caspian Services' Change In Inventory of $-0.11 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Change In Inventory for an Oil & Gas company?

A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Change In Inventory mean?

A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Caspian Services and its competitors. Caspian Services's current Change In Inventory is $-0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Caspian Services stock overvalued right now?

Caspian Services (CSSV) has a current Change In Inventory of $-0.11 Mil. The current Change In Inventory is $-0.11 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Change In Inventory calculated?

Change In Inventory is calculated from a company's financial statements. For Caspian Services (CSSV), the current Change In Inventory is $-0.11 Mil as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Caspian Services Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:531279 GLRI TSXV:IES WAR:BCI TIRTZ GLFH OSL:SBX TSXV:DAL TSXV:NWE TSXV:SEW FOSI BSE:UZT BOM:526614 LSE:IGSS TSX:HE XCNQ:RGT TSXV:HTC TSXV:DVT TSXV:TRB GLFMQ

Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109

Website http://www.caspianservicesinc.com

Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.