GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mondial Ventures Inc (OTCPK:MNVN) » Definitions » Days Inventory

MNVN (Mondial Ventures) Days Inventory : 0.00 (As of Sep. 2014)


View and export this data going back to 2006. Start your Free Trial

What is Mondial Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mondial Ventures's Average Total Inventories for the three months ended in Sep. 2014 was $0.00 Mil. Mondial Ventures's Cost of Goods Sold for the three months ended in Sep. 2014 was $0.03 Mil. Hence, Mondial Ventures's Days Inventory for the three months ended in Sep. 2014 was 0.00.

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

MNVN's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.235
* Ranked among companies with meaningful Days Inventory only.

Mondial Ventures's Days Inventory stayed the same from Sep. 2013 (0.00) to Sep. 2014 (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. Mondial Ventures's Inventory-to-Revenue for the three months ended in Sep. 2014 was 0.00.


Mondial Ventures Days Inventory Historical Data

The historical data trend for Mondial Ventures'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.

Mondial Ventures Days Inventory Chart

Mondial Ventures Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mondial Ventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Mondial Ventures's Days Inventory

For the Oil & Gas E&P subindustry, Mondial Ventures'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.


Mondial Ventures's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Mondial Ventures's Days Inventory falls into.



Mondial Ventures Days Inventory Calculation

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

Mondial Ventures's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory (A: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0 + 0) / 1 ) / 0.129*365
=0 / 0.129*365
=0.00

Mondial Ventures's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

Days Inventory (Q: Sep. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Sep. 2014 )) / count ) / Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 0.033*365 / 4
=0 / 0.033*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.


Mondial Ventures  (OTCPK:MNVN) 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.

Mondial Ventures's Inventory Turnover for the three months ended in Sep. 2014 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.

Mondial Ventures's Inventory to Revenue for the three months ended in Sep. 2014 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.


Mondial Ventures Days Inventory Related Terms

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


Mondial Ventures Business Description

Traded in Other Exchanges
N/A
Address
5423 East Piping Rock Road, Scottsdale, AZ, USA, 85254
Mondial Ventures Inc is engaged in the acquisition of Oil and Gas properties and assets that can be developed into revenue producing assets. It is acquiring existing oil fields with proven reserves or by the rehabilitation of oilfields.