The historical rank and industry rank for NCS Multistage Holdings's Days Inventory or its related term are showing as below:
NCSM'
s Days Inventory Range Over the Past 10 Years
Min: 72.39 Med: 111.96 Max: 198.4
Current: 154.83
During the past 9 years, NCS Multistage Holdings's highest Days Inventory was 198.40. The lowest was 72.39. And the median was 111.96.
NCSM's Days Inventory is ranked worse than 90.91% of 704
companies
in the Oil & Gas industry
Industry Median: 31.715
vs NCSM: 154.83
NCS Multistage Holdings's Days Inventory
declined
from Sep. 2023 (163.05) to Sep. 2024 (140.74).
Inventory Turnover measures how fast the company turns over its inventory within a year.
NCS Multistage Holdings's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.65.
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.
NCS Multistage Holdings's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.94.
NCS Multistage Holdings Days Inventory Historical Data
* 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.
Competitive Comparison of NCS Multistage Holdings's Days Inventory
For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings'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.
NCS Multistage Holdings's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where NCS Multistage Holdings's Days Inventory falls into.
NCS Multistage Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NCS Multistage Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 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.
NCS Multistage Holdings (NAS:NCSM) 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.
NCS Multistage Holdings's Inventory Turnover for the
three
months ended in Sep. 2024 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.
NCS Multistage Holdings's Inventory to Revenue for the
three
months ended in Sep. 2024 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.
NCS Multistage Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of NCS Multistage Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.
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