Caspian Energy (FRA:NQ3) Days Inventory : 8.11 (As of Jun. 2018)

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What is Caspian Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Caspian Energy's Average Total Inventories for the three months ended in Jun. 2018 was €0.05 Mil. Caspian Energy's Cost of Goods Sold for the three months ended in Jun. 2018 was €0.53 Mil. Hence, Caspian Energy's Days Inventory for the three months ended in Jun. 2018 was 8.11.

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

FRA:NQ3' s Days Inventory Range Over the Past 10 Years
Min: 8.88 Med: 50.33 Max: 22515.94
Current: 23.06

During the past 13 years, Caspian Energy's highest Days Inventory was 22515.94. The lowest was 8.88. And the median was 50.33.

FRA:NQ3's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 32.125 vs FRA:NQ3: 23.06

Caspian Energy's Days Inventory declined from Jun. 2017 (9.71) to Jun. 2018 (8.11).

Inventory Turnover measures how fast the company turns over its inventory within a year. Caspian Energy's Inventory Turnover for the three months ended in Jun. 2018 was 11.26.

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 Energy's Inventory-to-Revenue for the three months ended in Jun. 2018 was 0.06.

Caspian Energy Days Inventory Historical Data

The historical data trend for Caspian Energy'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.

Caspian Energy Days Inventory Chart

Caspian Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

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17.53

12.31

Caspian Energy Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Days Inventory	Get a 7-Day Free Trial															9.71	19.34	-	76.04	8.11

Competitive Comparison of Caspian Energy's Days Inventory

For the Oil & Gas E&P subindustry, Caspian Energy'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 Energy's Days Inventory Distribution in the Oil & Gas Industry

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

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

Caspian Energy Days Inventory Calculation

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

Caspian Energy's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (0.061	+	0.062)	/	2 )	/	0	*	365
=	0.0615					/	0	*	365
=	N/A

Caspian Energy's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (0.048	+	0.046)	/	2 )	/	0.529	*	365 / 4
=	0.047					/	0.529	*	365 / 4
=	8.11

Caspian Energy (FRA:NQ3) 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 Energy's Inventory Turnover for the three months ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.529	/	0.047
	=	11.26

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 Energy's Inventory to Revenue for the three months ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.047	/	0.772
	=	0.06

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 Energy Days Inventory Related Terms

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Caspian Energy (FRA:NQ3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Caspian Energy Inc. (FRA:NQ3) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.caspianenergyinc.com

Caspian Energy Inc is engaged in the exploration of oil and natural resource business activities. It involved in development and production of crude oil and natural gas. The company mainly operates in Aktyubinsk region in Kazakhstan. It derives most of its revenues from the sale of the exploration business and has operations spread across Kazakhastan.

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