The historical rank and industry rank for Forbes Energy Services's Days Inventory or its related term are showing as below:
FLSS's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 30.99 * Ranked among companies with meaningful Days Inventory only.
Forbes Energy Services's Days Inventory
stayed the same
from Mar. 2019 (0.00) to Mar. 2020 (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.
Forbes Energy Services's Inventory-to-Revenue for the
three
months ended in Mar. 2020 was 0.00.
Forbes Energy Services (OTCPK:FLSS) 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.
Forbes Energy Services's Inventory Turnover for the
three
months ended in Mar. 2020 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.
Forbes Energy Services's Inventory to Revenue for the
three
months ended in Mar. 2020 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.
Forbes Energy Services Days Inventory Related Terms
Forbes Energy Services Days Inventory Historical Data
* Premium members only.
The historical data trend for Forbes 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.
FLSS vs CRRTQ, HOSSQ, BANM: Days Inventory Comparison
For the Oil & Gas Equipment & Services subindustry, Forbes 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.
Forbes Energy Services Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Forbes Energy Services's Days Inventory distribution charts can be found below:
* The bar in red indicates where Forbes Energy Services's Days Inventory falls into.
* 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.
Forbes Energy Services (FLSS) has a Days Inventory of 0.00 as of Mar. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Forbes Energy Services and its competitors.
Is Forbes Energy Services' Days Inventory too high?
Forbes Energy Services' current Days Inventory is 0.00. Overall, Forbes Energy Services has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forbes Energy Services' Days Inventory compare to CRRTQ and HOSSQ?
Forbes Energy Services' 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 Forbes Energy Services 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. Forbes Energy Services'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 Forbes Energy Services stock overvalued right now?
Forbes Energy Services (FLSS) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Forbes Energy Services' overall GF Score™ is 16/100. 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 Forbes Energy Services (FLSS), the current Days Inventory is 0.00 as of Mar. 2020. 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.
Forbes Energy Services Ltd operates as an oilfield services contractor that provides a wide range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. The company operates in three business segments namely Well Servicing which is the key revenue driver, Coiled Tubing, and Fluid Logistics. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Geographically, it operates in South, East, Central, and West Texas.
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