Edge Resources (LSE:EDG) Days Inventory : 0.00 (As of Dec. 2015)

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What is Edge Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Edge Resources's Average Total Inventories for the three months ended in Dec. 2015 was £0.00 Mil. Edge Resources's Cost of Goods Sold for the three months ended in Dec. 2015 was £0.46 Mil. Hence, Edge Resources's Days Inventory for the three months ended in Dec. 2015 was 0.00.

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

LSE:EDG's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.185
* Ranked among companies with meaningful Days Inventory only.

Edge Resources's Days Inventory stayed the same from Dec. 2014 (0.00) to Dec. 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. Edge Resources's Inventory-to-Revenue for the three months ended in Dec. 2015 was 0.00.

Edge Resources Days Inventory Historical Data

The historical data trend for Edge Resources'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.

Edge Resources Days Inventory Chart

Edge Resources Annual Data

Trend

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Mar15

Days Inventory

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Edge Resources Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Edge Resources's Days Inventory

For the Oil & Gas E&P subindustry, Edge Resources'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.

Edge Resources's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Edge Resources's Days Inventory falls into.

Edge Resources Days Inventory Calculation

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

Edge Resources's Days Inventory for the fiscal year that ended in Mar. 2015 is calculated as

	Days Inventory (A: Mar. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2014 )	+	Total Inventories (A: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Edge Resources's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

	Days Inventory (Q: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2015 )	+	Total Inventories (Q: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2015 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.456	*	365 / 4
=	0					/	0.456	*	365 / 4
=	0.00

Edge Resources (LSE:EDG) 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.

Edge Resources's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.456	/	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.

Edge Resources's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.494
	=	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.

Edge Resources Days Inventory Related Terms

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

Edge Resources (LSE:EDG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Edge Resources Inc (LSE:EDG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3

Website

http://www.edgeres.com

Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.

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