Lochard Energy Group (LSE:LHD) Days Inventory : 11.01 (As of Dec. 2012)

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What is Lochard Energy Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lochard Energy Group's Average Total Inventories for the six months ended in Dec. 2012 was £0.45 Mil. Lochard Energy Group's Cost of Goods Sold for the six months ended in Dec. 2012 was £7.45 Mil. Hence, Lochard Energy Group's Days Inventory for the six months ended in Dec. 2012 was 11.01.

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

LSE:LHD's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.29
* Ranked among companies with meaningful Days Inventory only.

Lochard Energy Group's Days Inventory increased from Dec. 2011 (0.00) to Dec. 2012 (11.01). It might indicate that Lochard Energy Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lochard Energy Group's Inventory Turnover for the six months ended in Dec. 2012 was 16.58.

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. Lochard Energy Group's Inventory-to-Revenue for the six months ended in Dec. 2012 was 0.04.

Lochard Energy Group Days Inventory Historical Data

The historical data trend for Lochard Energy Group'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.

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Lochard Energy Group Days Inventory Chart

Lochard Energy Group Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Days Inventory

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186.19

68.13

16,286.68

91,615.00

339.37

Lochard Energy Group Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Jun06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12
Days Inventory	Get a 7-Day Free Trial												59,288.17	227,075.63	-	169.68	11.01

Competitive Comparison of Lochard Energy Group's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Lochard Energy Group'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.

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

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

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

Lochard Energy Group Days Inventory Calculation

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

Lochard Energy Group's Days Inventory for the fiscal year that ended in Jun. 2012 is calculated as

	Days Inventory (A: Jun. 2012 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2011 )	+	Total Inventories (A: Jun. 2012 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2012 )	*	Days in Period
=	( (0	+	0.715)	/	1 )	/	0.769	*	365
=	0.715					/	0.769	*	365
=	339.37

Lochard Energy Group's Days Inventory for the quarter that ended in Dec. 2012 is calculated as:

	Days Inventory (Q: Dec. 2012 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2012 )	+	Total Inventories (Q: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2012 )	*	Days in Period
=	( (0.715	+	0.183)	/	2 )	/	7.445	*	365 / 2
=	0.449					/	7.445	*	365 / 2
=	11.01

Lochard Energy Group (LSE:LHD) 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.

Lochard Energy Group's Inventory Turnover for the six months ended in Dec. 2012 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.445	/	0.449
	=	16.58

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.

Lochard Energy Group's Inventory to Revenue for the six months ended in Dec. 2012 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.449	/	11.759
	=	0.04

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.

Lochard Energy Group Days Inventory Related Terms

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Lochard Energy Group (LSE:LHD) Business Description

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