AKVA (Arkanova Energy) Days Inventory: 0.00 (As of Sep. 2016)

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What is Arkanova Energy Days Inventory?

Arkanova Energy AKVA -99.00% Days Inventory is 0.00 as of Sep. 2016.

Days Inventory is also known as Days Sales of Inventory (DSI). Arkanova Energy's Average Total Inventories for the three months ended in Sep. 2016 was $0.00 Mil. Arkanova Energy's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.68 Mil. Hence, Arkanova Energy's Days Inventory for the three months ended in Sep. 2016 was 0.00.

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

AKVA's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 30.99
* Ranked among companies with meaningful Days Inventory only.

Arkanova Energy's Days Inventory stayed the same from Sep. 2015 (0.00) to Sep. 2016 (0.00).

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

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

Arkanova Energy (OTCPK:AKVA) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.677	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.1
	=	0.00

* 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.

Arkanova Energy Days Inventory Related Terms

Arkanova Energy Days Inventory Historical Data

* Premium members only.

The historical data trend for Arkanova Energy's Days Inventory can be seen below:

Arkanova Energy Days Inventory Chart

Arkanova Energy Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Days Inventory

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Arkanova Energy 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															0.00	0.00	0.00	0.00	0.00

AKVA vs EUENF, ATLS, JONEQ: Days Inventory Comparison

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

Arkanova Energy Days Inventory vs Oil & Gas Industry

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

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

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Arkanova Energy Days Inventory Calculation

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

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

	Days Inventory (A: Sep. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2015 )	+	Total Inventories (A: Sep. 2016 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.138	*	365
=	0					/	1.138	*	365
=	0.00

Arkanova Energy'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	+	0)	/	1 )	/	0.677	*	365 / 4
=	0					/	0.677	*	365 / 4
=	0.00

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Arkanova Energy (AKVA) has a Days Inventory of 0.00 as of Sep. 2016. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Arkanova Energy and its competitors.

Is Arkanova Energy's Days Inventory too high?

Arkanova Energy's current Days Inventory is 0.00.

How does Arkanova Energy's Days Inventory compare to EUENF and ATLS?

Arkanova Energy's Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 30.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

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

The median Days Inventory among Oil & Gas companies is 30.99, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days 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 Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Arkanova Energy and its competitors. For the Oil & Gas industry, the median Days Inventory is 30.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arkanova Energy's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Arkanova Energy stock overvalued right now?

Arkanova Energy (AKVA) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For Arkanova Energy (AKVA), the current Days Inventory is 0.00 as of Sep. 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.

Arkanova Energy Business Description

Industry Energy Oil & Gas

Comparable Companies EUENF TSXV:PTC XCNQ:EI TSXV:TPC ATLS TSXV:PPE.H TSXV:PMX TSXV:SFT TSXV:CEN TSXV:CTI.H TSXV:HEI JONEQ MMEX TSXV:WEB.H PTCO VNRRQ ALOD TSX:TEI TSXV:CHY.H EXNT

Address 3809 Juniper Trace, Suite 201, Austin, TX, USA, 78738

Website https://www.arkanovaenergy.com

Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.