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Diamond Offshore Drilling OLD (Diamond Offshore Drilling OLD) Days Inventory : 0.00 (As of Dec. 2021)


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What is Diamond Offshore Drilling OLD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Diamond Offshore Drilling OLD's Average Total Inventories for the three months ended in Dec. 2021 was $3.48 Mil. Diamond Offshore Drilling OLD's Cost of Goods Sold for the three months ended in Dec. 2021 was $0.00 Mil.

The historical rank and industry rank for Diamond Offshore Drilling OLD's Days Inventory or its related term are showing as below:

DODRW' s Days Inventory Range Over the Past 10 Years
Min: 4.42   Med: 9.65   Max: 10.26
Current: 4.42

During the past 13 years, Diamond Offshore Drilling OLD's highest Days Inventory was 10.26. The lowest was 4.42. And the median was 9.65.

DODRW's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.94 vs DODRW: 4.42

Diamond Offshore Drilling OLD's Days Inventory declined from Dec. 2020 (5.29) to Dec. 2021 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Diamond Offshore Drilling OLD's Inventory Turnover for the three months ended in Dec. 2021 was 0.00.

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.


Diamond Offshore Drilling OLD Days Inventory Historical Data

The historical data trend for Diamond Offshore Drilling OLD'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.

Diamond Offshore Drilling OLD Days Inventory Chart

Diamond Offshore Drilling OLD Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.28 8.24 5.89 5.76 -

Diamond Offshore Drilling OLD Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.29 5.12 - 2.31 -

Competitive Comparison of Diamond Offshore Drilling OLD's Days Inventory

For the Oil & Gas Drilling subindustry, Diamond Offshore Drilling OLD'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.


Diamond Offshore Drilling OLD's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Diamond Offshore Drilling OLD's Days Inventory falls into.



Diamond Offshore Drilling OLD Days Inventory Calculation

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

Diamond Offshore Drilling OLD's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (12.606 + 3.716) / 2 ) / 0*365
=8.161 / 0*365
=N/A

Diamond Offshore Drilling OLD's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

Days Inventory (Q: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Dec. 2021 )) / count ) / Cost of Goods Sold (Q: Dec. 2021 )*Days in Period
=( (3.251 + 3.716) / 2 ) / 0*365 / 4
=3.4835 / 0*365 / 4
=N/A

* 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.


Diamond Offshore Drilling OLD  (OTCPK:DODRW) 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.

Diamond Offshore Drilling OLD's Inventory Turnover for the three months ended in Dec. 2021 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.

Diamond Offshore Drilling OLD's Inventory to Revenue for the three months ended in Dec. 2021 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.


Diamond Offshore Drilling OLD Days Inventory Related Terms

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


Diamond Offshore Drilling OLD (Diamond Offshore Drilling OLD) Business Description

Traded in Other Exchanges
N/A
Address
15415 Katy Freeway, Suite 100, Houston, TX, USA, 77094
Diamond Offshore Drilling Inc. OLD provides contract drilling services to the energy industry around the globe with a fleet of 14 offshore drilling rigs, consisting of four drillships and eight owned semisubmersible rigs and two managed rigs. It generates revenues from the U.S, Senegal, Spain Brazil, the UK, Australia, Malaysia and other countries.