Magnolia Petroleum (LSE:MAGP) Days Inventory: 0.00 (As of Jun. 2017)

What is Magnolia Petroleum Days Inventory?

Magnolia Petroleum LSE:MAGP +50.00% Days Inventory is 0.00 as of Jun. 2017. The stock has 6 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Magnolia Petroleum's Average Total Inventories for the six months ended in Jun. 2017 was £0.00 Mil. Magnolia Petroleum's Cost of Goods Sold for the six months ended in Jun. 2017 was £0.76 Mil. Hence, Magnolia Petroleum's Days Inventory for the six months ended in Jun. 2017 was 0.00.

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

LSE:MAGP's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.01
* Ranked among companies with meaningful Days Inventory only.

Magnolia Petroleum's Days Inventory stayed the same from Jun. 2016 (0.00) to Jun. 2017 (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. Magnolia Petroleum's Inventory-to-Revenue for the six months ended in Jun. 2017 was 0.00.

Magnolia Petroleum (LSE:MAGP) 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.

Magnolia Petroleum's Inventory Turnover for the six months ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.756	/	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.

Magnolia Petroleum's Inventory to Revenue for the six months ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.398
	=	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.

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.

Magnolia Petroleum Days Inventory Related Terms

Magnolia Petroleum Days Inventory Historical Data

* Premium members only.

The historical data trend for Magnolia Petroleum's Days Inventory can be seen below:

Magnolia Petroleum Days Inventory Chart

Magnolia Petroleum Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

Get a 7-Day Free Trial

0.00

Magnolia Petroleum Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Days Inventory	Get a 7-Day Free Trial							0.00	0.00	0.00	0.00	0.00

LSE:MAGP vs VNRRQ, GBEYF, STSC: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Magnolia Petroleum'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.

Magnolia Petroleum Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Magnolia Petroleum's Days Inventory falls into.

Save Embed

Magnolia Petroleum Days Inventory Calculation

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

Magnolia Petroleum's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.523	*	365
=	0					/	1.523	*	365
=	0.00

Magnolia Petroleum's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

	Days Inventory (Q: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.756	*	365 / 2
=	0					/	0.756	*	365 / 2
=	0.00

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Magnolia Petroleum (LSE:MAGP) has a Days Inventory of 0.00 as of Jun. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Magnolia Petroleum and its competitors.

Is Magnolia Petroleum's Days Inventory too high?

Magnolia Petroleum's current Days Inventory is 0.00.

How does Magnolia Petroleum's Days Inventory compare to VNRRQ and GBEYF?

Magnolia Petroleum's Days Inventory of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. 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 31.01, based on 687 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 Magnolia Petroleum and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnolia Petroleum'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 Magnolia Petroleum stock overvalued right now?

Magnolia Petroleum (LSE:MAGP) 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 Magnolia Petroleum (LSE:MAGP), the current Days Inventory is 0.00 as of Jun. 2017. 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.

Magnolia Petroleum Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:PMX XCNQ:EI TSXV:PTP TSXV:SFT VNRRQ GBEYF TSXV:TPC TSXV:ZTR.H TSXV:CE TSXV:CEN STSC TSXV:HEI CYLC TSXV:PPE.H IFNY ATLS TSXV:ROC.H TSXV:RPN TSXV:KLE.H ASX:ENX

Address 19-21 Crawford Street, Suite 321, London, GBR, W1H 1PJ

Website http://www.magnoliapetroleum.com

Magnolia Petroleum PLC is an oil and gas production company. The company focuses on the acquisition, exploitation, and development of oil and gas properties located onshore in the United States. It has a diverse portfolio of revenue-generating assets including leases on the highly productive Bakken/Three Forks Sanish Formation in North Dakota and the proven Mississippi Lime and Woodford/Hunton oil formations in Oklahoma. It operates in two geographical areas, the United Kingdom and the United States of America.