Shoreline Energy (FRA:SL0) Days Inventory : 0.00 (As of Sep. 2015)

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What is Shoreline Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shoreline Energy's Average Total Inventories for the three months ended in Sep. 2015 was €0.00 Mil. Shoreline Energy's Cost of Goods Sold for the three months ended in Sep. 2015 was €0.95 Mil. Hence, Shoreline Energy's Days Inventory for the three months ended in Sep. 2015 was 0.00.

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

FRA:SL0's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.72
* Ranked among companies with meaningful Days Inventory only.

Shoreline Energy's Days Inventory stayed the same from Sep. 2014 (0.00) to Sep. 2015 (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. Shoreline Energy's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.00.

Shoreline Energy Days Inventory Historical Data

The historical data trend for Shoreline 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.

Shoreline Energy Days Inventory Chart

Shoreline Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Days Inventory

Shoreline Energy Quarterly Data
	Sep10	Dec10	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Shoreline Energy's Days Inventory

For the Oil & Gas E&P subindustry, Shoreline 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.

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

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

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

Shoreline Energy Days Inventory Calculation

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

Shoreline Energy'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	+	0)	/	1 )	/	8.078	*	365
=	0					/	8.078	*	365
=	0.00

Shoreline Energy's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

	Days Inventory (Q: Sep. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2015 )	+	Total Inventories (Q: Sep. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.951	*	365 / 4
=	0					/	0.951	*	365 / 4
=	0.00

Shoreline Energy (FRA:SL0) 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.

Shoreline Energy's Inventory Turnover for the three months ended in Sep. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.951	/	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.

Shoreline Energy's Inventory to Revenue for the three months ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.643
	=	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.

Shoreline Energy Days Inventory Related Terms

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

Shoreline Energy (FRA:SL0) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.shorelineenergy.ca

Shoreline Energy Corp. is a Canadian junior crude oil & natural gas exploration and production company. The Company is engaged in the business of exploring for, developing and producing crude oil and natural gas in Alberta.

Shoreline Energy (FRA:SL0) Headlines

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