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ATDEF (Montana Exploration) Days Inventory : 0.00 (As of Sep. 2017)


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What is Montana Exploration Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Montana Exploration's Average Total Inventories for the three months ended in Sep. 2017 was $0.00 Mil. Montana Exploration's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.16 Mil. Hence, Montana Exploration's Days Inventory for the three months ended in Sep. 2017 was 0.00.

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

ATDEF's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.54
* Ranked among companies with meaningful Days Inventory only.

Montana Exploration's Days Inventory stayed the same from Sep. 2016 (0.00) to Sep. 2017 (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. Montana Exploration's Inventory-to-Revenue for the three months ended in Sep. 2017 was 0.00.


Montana Exploration Days Inventory Historical Data

The historical data trend for Montana Exploration'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.

Montana Exploration Days Inventory Chart

Montana Exploration Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
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Montana Exploration Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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Competitive Comparison of Montana Exploration's Days Inventory

For the Oil & Gas E&P subindustry, Montana Exploration'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.


Montana Exploration's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Montana Exploration's Days Inventory falls into.



Montana Exploration Days Inventory Calculation

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

Montana Exploration's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0 + 0) / 1 ) / 0.587*365
=0 / 0.587*365
=0.00

Montana Exploration's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

Days Inventory (Q: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2017 ) + Total Inventories (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0.162*365 / 4
=0 / 0.162*365 / 4
=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.


Montana Exploration  (OTCPK:ATDEF) 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.

Montana Exploration's Inventory Turnover for the three months ended in Sep. 2017 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.

Montana Exploration's Inventory to Revenue for the three months ended in Sep. 2017 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.


Montana Exploration Days Inventory Related Terms

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Montana Exploration Business Description

Traded in Other Exchanges
N/A
Address
144 - 4th Avenue SW, Suite 2300, Calgary, AB, CAN, T2P 3N4
Montana Exploration Corp is a Canadian junior oil and gas exploration and production company focusing on the Bakken and Shaunavon oil opportunities underlying its extensive land holdings in Montana. The majority of the Company's assets are located in Blaine County, Montana. Canadian assets are focused at Viking Kinsella, Killam and Cardiff, Alberta which produce approximately 500 mcfd.

Montana Exploration Headlines

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