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Talisman Energy (FRA:TLM) Days Inventory : 37.69 (As of Dec. 2014)


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What is Talisman Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Talisman Energy's Average Total Inventories for the three months ended in Dec. 2014 was €137 Mil. Talisman Energy's Cost of Goods Sold for the three months ended in Dec. 2014 was €333 Mil. Hence, Talisman Energy's Days Inventory for the three months ended in Dec. 2014 was 37.69.

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

FRA:TLM's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.45
* Ranked among companies with meaningful Days Inventory only.

Talisman Energy's Days Inventory increased from Dec. 2013 (29.24) to Dec. 2014 (37.69). It might indicate that Talisman Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Talisman Energy's Inventory Turnover for the three months ended in Dec. 2014 was 2.42.

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. Talisman Energy's Inventory-to-Revenue for the three months ended in Dec. 2014 was 3.85.


Talisman Energy Days Inventory Historical Data

The historical data trend for Talisman 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.

Talisman Energy Days Inventory Chart

Talisman Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.59 18.24 17.80 29.71 29.04

Talisman Energy Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.24 27.58 36.21 43.89 37.69

Competitive Comparison of Talisman Energy's Days Inventory

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


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

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

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



Talisman Energy Days Inventory Calculation

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

Talisman 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
=( (100.01 + 107.863) / 2 ) / 1306.521*365
=103.9365 / 1306.521*365
=29.04

Talisman Energy's Days Inventory for the quarter that ended in Dec. 2014 is calculated as:

Days Inventory (Q: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2014 ) + Total Inventories (Q: Dec. 2014 )) / count ) / Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=( (166.84 + 107.863) / 2 ) / 332.51*365 / 4
=137.3515 / 332.51*365 / 4
=37.69

* 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.


Talisman Energy  (FRA:TLM) 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.

Talisman Energy's Inventory Turnover for the three months ended in Dec. 2014 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.

Talisman Energy's Inventory to Revenue for the three months ended in Dec. 2014 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.


Talisman Energy Days Inventory Related Terms

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


Talisman Energy (FRA:TLM) Business Description

Traded in Other Exchanges
N/A
Address
Talisman Energy Inc was incorporated under the Canada Business Corporations Act in Canada on December 14, 1982. The Company is a Canadian-based independent oil and gas producers company. Its main business activities are exploration, development, production, transportation and marketing of crude oil, natural gas and natural gas liquids. In 2014, the Company's activities were conducted in four geographic segments: North America, the North Sea, Southeast Asia, and Other. The North America segment includes operations in Canada and the U.S. The North Sea segment includes operations and exploration activities in the UK and Norway. The Southeast Asia segment includes operations and exploration activities in Indonesia, Malaysia, Vietnam and Papua New Guinea and non-operated production in Australia/Timor-Leste. The Company also had non-operated production in Algeria, operations and exploration activities in Colombia and exploration activities in the Kurdistan Region of Iraq. For ease of reference, the activities in Algeria, Colombia and the Kurdistan Region of Iraq, where applicable, are referred to collectively as the other geographic segment or Rest of World, except where otherwise noted. For operational purposes, Talisman has two core operating areas: the Americas and Asia-Pacific. The Company's aggregate production from its consolidated entities and equity investments for the year ended December 31, 2014 was 369 mboe/d, comprised of 43 mbbls/d of oil and liquids and 794 mmcf/d of gas from North America; 43 mbbls/d of oil and 510 mmcf/d of gas from Southeast Asia; 30 mbbls/d of oil and liquids and 20 mmcf/d of gas from the North Sea; and 24 mbbls/d of oil and liquids and 48 mmcf/d of gas from other areas.

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