IXOG (Index Oil & Gas) Days Inventory: 0.00 (As of Mar. 2009)


What is Index Oil & Gas Days Inventory?

Index Oil & Gas IXOG -99.86% Days Inventory is 0.00 as of Mar. 2009.

Days Inventory is also known as Days Sales of Inventory (DSI). Index Oil & Gas's Average Total Inventories for the three months ended in Mar. 2009 was $0.00 Mil. Index Oil & Gas's Cost of Goods Sold for the three months ended in Mar. 2009 was $0.07 Mil. Hence, Index Oil & Gas's Days Inventory for the three months ended in Mar. 2009 was 0.00.

The historical rank and industry rank for Index Oil & Gas's Days Inventory or its related term are showing as below:

IXOG's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 30.99
* Ranked among companies with meaningful Days Inventory only.

Index Oil & Gas's Days Inventory stayed the same from Mar. 2008 (0.00) to Mar. 2009 (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. Index Oil & Gas's Inventory-to-Revenue for the three months ended in Mar. 2009 was 0.00.


Index Oil & Gas  (OTCPK:IXOG) 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.

Index Oil & Gas's Inventory Turnover for the three months ended in Mar. 2009 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.

Index Oil & Gas's Inventory to Revenue for the three months ended in Mar. 2009 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.


Index Oil & Gas Days Inventory Related Terms


Index Oil & Gas Days Inventory Historical Data

* Premium members only.

The historical data trend for Index Oil & Gas'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.

Index Oil & Gas Days Inventory Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.00 0.00 0.00 0.00 0.00

IXOG vs FPPP, UNGS, GBEYF: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Index Oil & Gas'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.


Index Oil & Gas Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Index Oil & Gas's Days Inventory falls into.



Index Oil & Gas Days Inventory Calculation

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

Index Oil & Gas's Days Inventory for the fiscal year that ended in Mar. 2009 is calculated as

Days Inventory (A: Mar. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2008 ) + Total Inventories (A: Mar. 2009 )) / count ) / Cost of Goods Sold (A: Mar. 2009 )*Days in Period
=( (0 + 0) / 1 ) / 0.704*365
=0 / 0.704*365
=0.00

Index Oil & Gas's Days Inventory for the quarter that ended in Mar. 2009 is calculated as:

Days Inventory (Q: Mar. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2008 ) + Total Inventories (Q: Mar. 2009 )) / count ) / Cost of Goods Sold (Q: Mar. 2009 )*Days in Period
=( (0 + 0) / 1 ) / 0.074*365 / 4
=0 / 0.074*365 / 4
=0.00

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Index Oil & Gas (IXOG) has a Days Inventory of 0.00 as of Mar. 2009. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Days Inventory too high?
Index Oil & Gas' current Days Inventory is 0.00.
How does Index Oil & Gas' Days Inventory compare to FPPP and UNGS?
Index Oil & Gas' 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 Index Oil & Gas 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. Index Oil & Gas'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 Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Index Oil & Gas (IXOG), the current Days Inventory is 0.00 as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.