Flint (NWPIF) Days Inventory : 2.36 (As of Dec. 2024)

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What is Flint Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flint's Average Total Inventories for the three months ended in Dec. 2024 was $3.0 Mil. Flint's Cost of Goods Sold for the three months ended in Dec. 2024 was $117.6 Mil. Hence, Flint's Days Inventory for the three months ended in Dec. 2024 was 2.36.

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

NWPIF' s Days Inventory Range Over the Past 10 Years
Min: 2.94 Med: 4.88 Max: 12.75
Current: 2.96

During the past 13 years, Flint's highest Days Inventory was 12.75. The lowest was 2.94. And the median was 4.88.

NWPIF's Days Inventory is ranked better than
94.13% of 698 companies
in the Oil & Gas industry
Industry Median: 32.205 vs NWPIF: 2.96

Flint's Days Inventory declined from Dec. 2023 (4.58) to Dec. 2024 (2.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Flint's Inventory Turnover for the three months ended in Dec. 2024 was 38.65.

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. Flint's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.02.

Flint Days Inventory Historical Data

The historical data trend for Flint'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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Flint Days Inventory Chart

Flint Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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8.31

6.49

3.91

3.69

3.05

Flint Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															4.58	4.18	3.48	2.34	2.36

Competitive Comparison of Flint's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Flint'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.

Flint's Days Inventory Distribution in the Oil & Gas Industry

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

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

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Flint Days Inventory Calculation

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

Flint's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (4.659	+	2.792)	/	2 )	/	446.149	*	365
=	3.7255					/	446.149	*	365
=	3.05

Flint's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (3.296	+	2.792)	/	2 )	/	117.636	*	365 / 4
=	3.044					/	117.636	*	365 / 4
=	2.36

Flint (OTCPK:NWPIF) 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.

Flint's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	117.636	/	3.044
	=	38.65

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.

Flint's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.044	/	131.8
	=	0.02

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.

Flint Days Inventory Related Terms

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

Flint Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flint Corp (OTCPK:NWPIF) » Definitions » Days Inventory

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FLNT:Canada

Address

205 - 5th Avenue SouthWest, Suite 3500, Bow Valley Square 2, Calgary, AB, CAN, T2P 2V7

Website

https://www.flintcorp.com

Flint Corp is a fully-integrated provider of services and products to industrial markets including Energy, Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure and Water Treatment. The service provided by the company focuses on maintenance and turnarounds, facility construction, fabrication, modularization and machining, wear technologies and weld overlays, pipeline installation and integrity, electrical and instrumentation, workforce supply, heavy equipment operators, and environmental services. The company's segments include The Maintenance and Construction Services segment; and the Wear Technology Overlay Services and Corporate segment. The company derives maximum revenue from The Maintenance and Construction Services segment.