MGLG (Magellan Energy) Days Inventory : 0.00 (As of . 20)

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What is Magellan Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Magellan Energy's Average Total Inventories for the three months ended in . 20 was $0.00 Mil. Magellan Energy's Cost of Goods Sold for the three months ended in . 20 was $0.00 Mil.

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

MGLG's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.72
* Ranked among companies with meaningful Days Inventory only.

Magellan Energy's Days Inventory stayed the same from . 20 (0.00) to . 20 (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.

Magellan Energy Days Inventory Historical Data

The historical data trend for Magellan 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.

Magellan Energy Days Inventory Chart

Magellan Energy Annual Data

Trend

Days Inventory

Magellan Energy Quarterly Data

Days Inventory

Competitive Comparison of Magellan Energy's Days Inventory

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

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

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

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

Magellan Energy Days Inventory Calculation

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

Magellan Energy's Days Inventory for the fiscal year that ended in . 20 is calculated as

	Days Inventory (A: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Magellan Energy's Days Inventory for the quarter that ended in . 20 is calculated as:

	Days Inventory (Q: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365 / 4
=	0					/		*	365 / 4
=	N/A

Magellan Energy (OTCPK:MGLG) 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.

Magellan Energy's Inventory Turnover for the three months ended in . 20 is calculated as

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

Magellan Energy's Inventory to Revenue for the three months ended in . 20 is calculated as

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

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.

Magellan Energy Days Inventory Related Terms

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Magellan Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magellan Energy Ltd (OTCPK:MGLG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1370 Hurontario Street, Mississauga, ON, CAN, L5G 3H4

Website

http://www.magellan-energy.com

Magellan Energy Ltd is an oil and gas exploration company. The Company is engaged in the extraction and production of small to medium-sized oil and gas properties.

Magellan Energy Headlines

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