FPPP (FieldPoint Petroleum) Days Inventory : 0.00 (As of Mar. 2019)

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What is FieldPoint Petroleum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FieldPoint Petroleum's Average Total Inventories for the three months ended in Mar. 2019 was $0.00 Mil. FieldPoint Petroleum's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.39 Mil. Hence, FieldPoint Petroleum's Days Inventory for the three months ended in Mar. 2019 was 0.00.

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

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

FieldPoint Petroleum's Days Inventory stayed the same from Mar. 2018 (0.00) to Mar. 2019 (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. FieldPoint Petroleum's Inventory-to-Revenue for the three months ended in Mar. 2019 was 0.00.

FieldPoint Petroleum Days Inventory Historical Data

The historical data trend for FieldPoint Petroleum'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.

FieldPoint Petroleum Days Inventory Chart

FieldPoint Petroleum Annual Data

Trend

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Days Inventory

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FieldPoint Petroleum Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of FieldPoint Petroleum's Days Inventory

For the Oil & Gas E&P subindustry, FieldPoint Petroleum'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.

FieldPoint Petroleum's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where FieldPoint Petroleum's Days Inventory falls into.

FieldPoint Petroleum Days Inventory Calculation

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

FieldPoint Petroleum's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.683	*	365
=	0					/	1.683	*	365
=	0.00

FieldPoint Petroleum's Days Inventory for the quarter that ended in Mar. 2019 is calculated as:

	Days Inventory (Q: Mar. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2018 )	+	Total Inventories (Q: Mar. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2019 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.386	*	365 / 4
=	0					/	0.386	*	365 / 4
=	0.00

FieldPoint Petroleum (OTCPK:FPPP) 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.

FieldPoint Petroleum's Inventory Turnover for the three months ended in Mar. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.386	/	0
	=

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.

FieldPoint Petroleum's Inventory to Revenue for the three months ended in Mar. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.467
	=	0.00

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.

FieldPoint Petroleum Days Inventory Related Terms

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

FieldPoint Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FieldPoint Petroleum Corp (OTCPK:FPPP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746

Website

http://www.fppcorp.com

FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.

Executives

Daniel R Robinson

director

190 COYOTE COURT, ARGYLE TX 76226