Enseco Energy Services (Enseco Energy Services) Days Inventory : 4.33 (As of Jun. 2015)

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What is Enseco Energy Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Enseco Energy Services's Average Total Inventories for the three months ended in Jun. 2015 was $0.19 Mil. Enseco Energy Services's Cost of Goods Sold for the three months ended in Jun. 2015 was $4.09 Mil. Hence, Enseco Energy Services's Days Inventory for the three months ended in Jun. 2015 was 4.33.

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

ENSRF's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.125
* Ranked among companies with meaningful Days Inventory only.

Enseco Energy Services's Days Inventory increased from Jun. 2014 (2.43) to Jun. 2015 (4.33). It might indicate that Enseco Energy Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Enseco Energy Services's Inventory Turnover for the three months ended in Jun. 2015 was 21.06.

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. Enseco Energy Services's Inventory-to-Revenue for the three months ended in Jun. 2015 was 0.05.

Enseco Energy Services Days Inventory Historical Data

The historical data trend for Enseco Energy Services'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.

Enseco Energy Services Days Inventory Chart

Enseco Energy Services Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Dec13

Dec14

Days Inventory

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2.18

1.71

Enseco Energy Services Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Days Inventory	Get a 7-Day Free Trial															2.43	1.97	1.74	2.85	4.33

Competitive Comparison of Enseco Energy Services's Days Inventory

For the Oil & Gas Drilling subindustry, Enseco Energy 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.

Enseco Energy Services's Days Inventory Distribution in the Oil & Gas Industry

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

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

Enseco Energy Services Days Inventory Calculation

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

Enseco Energy Services's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (0.264	+	0.271)	/	2 )	/	57.005	*	365
=	0.2675					/	57.005	*	365
=	1.71

Enseco Energy Services's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

	Days Inventory (Q: Jun. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Jun. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2015 )	*	Days in Period
=	( (0.184	+	0.204)	/	2 )	/	4.085	*	365 / 4
=	0.194					/	4.085	*	365 / 4
=	4.33

Enseco Energy Services (OTCPK:ENSRF) 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.

Enseco Energy Services's Inventory Turnover for the three months ended in Jun. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.085	/	0.194
	=	21.06

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.

Enseco Energy Services's Inventory to Revenue for the three months ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.194	/	3.992
	=	0.05

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.

Enseco Energy Services Days Inventory Related Terms

Thank you for viewing the detailed overview of Enseco Energy Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Enseco Energy Services (Enseco Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enseco Energy Services Corp (OTCPK:ENSRF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

138 - 4th Avenue SE, Suite 800, Calgary, AB, CAN, T2G 4Z6

Website

http://www.enseco.ca

Enseco Energy Services Corp is primarily involved in the exploration of oil and natural resource business activities. It also involved in directional and horizontal drilling, production and frac flow backtesting. The company operates in two regions namely Western Canadian Sedimentary Basin and select markets in the United States of America (USA). It derives most of its revenues from the sale of the exploration business and has operations spread across Canada.

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