CSSV (Caspian Services) Days Inventory: 32.04 (As of Jun. 2016)

What is Caspian Services Days Inventory?

Caspian Services CSSV Days Inventory is 32.04 as of Jun. 2016.

Days Inventory is also known as Days Sales of Inventory (DSI). Caspian Services's Average Total Inventories for the three months ended in Jun. 2016 was $0.70 Mil. Caspian Services's Cost of Goods Sold for the three months ended in Jun. 2016 was $1.99 Mil. Hence, Caspian Services's Days Inventory for the three months ended in Jun. 2016 was 32.04.

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

CSSV's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.01
* Ranked among companies with meaningful Days Inventory only.

Caspian Services's Days Inventory declined from Jun. 2015 (48.83) to Jun. 2016 (32.04).

Inventory Turnover measures how fast the company turns over its inventory within a year. Caspian Services's Inventory Turnover for the three months 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 three months ended in Jun. 2016 was 0.14.

Caspian Services (OTCPK:CSSV) 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.

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

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

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.

Caspian Services's Inventory to Revenue for the three months 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.

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.

Caspian Services Days Inventory Related Terms

Caspian Services Days Inventory Historical Data

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

Caspian Services Days Inventory Chart

Caspian Services Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Days Inventory

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26.85

45.98

28.24

23.61

37.55

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Days Inventory	Get a 7-Day Free Trial															48.83	46.75	38.32	32.96	32.04

CSSV vs GLRI, TIRTZ, GLFH: Days Inventory Comparison

For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.

Caspian Services Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Caspian Services's Days Inventory falls into.

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Caspian Services Days Inventory Calculation

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 fiscal year that ended in Sep. 2015 is calculated as

	Days Inventory (A: Sep. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2014 )	+	Total Inventories (A: Sep. 2015 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2015 )	*	Days in Period
=	( (1.261	+	0.906)	/	2 )	/	10.533	*	365
=	1.0835					/	10.533	*	365
=	37.55

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

	Days Inventory (Q: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2016 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (0.677	+	0.721)	/	2 )	/	1.991	*	365 / 4
=	0.699					/	1.991	*	365 / 4
=	32.04

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 32.04 mean?

Caspian Services (CSSV) has a Days Inventory of 32.04 as of Jun. 2016. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Caspian Services and its competitors.

Is Caspian Services' Days Inventory too high?

Caspian Services' current Days Inventory is 32.04. The Oil & Gas industry median Days Inventory is 31.01. Caspian Services' value of 32.04 is 3.3% above this industry median.

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

Caspian Services' Days Inventory of 32.04 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. Caspian Services' value of 32.04 is 3.3% above this benchmark. 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 31.01, 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. Caspian Services's current Days Inventory of 32.04 is 3.3% above the industry median. 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 Caspian Services and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caspian Services's current Days Inventory is 32.04. 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 Days Inventory of 32.04. The current Days Inventory is 32.04 and 3.3% above the Oil & Gas industry median of 31.01. 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 Caspian Services (CSSV), the current Days Inventory is 32.04 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.