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The Drilling Company of 1972 A/S (OCSE:DRLCO) Days Inventory : 0.00 (As of Jun. 2022)


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What is The Drilling Company of 1972 A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Drilling Company of 1972 A/S's Average Total Inventories for the three months ended in Jun. 2022 was kr0 Mil. The Drilling Company of 1972 A/S's Cost of Goods Sold for the three months ended in Jun. 2022 was kr0 Mil.

The historical rank and industry rank for The Drilling Company of 1972 A/S's Days Inventory or its related term are showing as below:

OCSE:DRLCO's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.44
* Ranked among companies with meaningful Days Inventory only.

The Drilling Company of 1972 A/S's Days Inventory stayed the same from Dec. 2020 (0.00) to Jun. 2022 (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.


The Drilling Company of 1972 A/S Days Inventory Historical Data

The historical data trend for The Drilling Company of 1972 A/S'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.

The Drilling Company of 1972 A/S Days Inventory Chart

The Drilling Company of 1972 A/S Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
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The Drilling Company of 1972 A/S Quarterly Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22
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Competitive Comparison of The Drilling Company of 1972 A/S's Days Inventory

For the Oil & Gas Drilling subindustry, The Drilling Company of 1972 A/S'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.


The Drilling Company of 1972 A/S's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, The Drilling Company of 1972 A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Drilling Company of 1972 A/S's Days Inventory falls into.



The Drilling Company of 1972 A/S Days Inventory Calculation

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

The Drilling Company of 1972 A/S's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 7462.854*365
=0 / 7462.854*365
=0.00

The Drilling Company of 1972 A/S's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


The Drilling Company of 1972 A/S  (OCSE:DRLCO) 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.

The Drilling Company of 1972 A/S's Inventory Turnover for the three months ended in Jun. 2022 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.

The Drilling Company of 1972 A/S's Inventory to Revenue for the three months ended in Jun. 2022 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.


The Drilling Company of 1972 A/S Days Inventory Related Terms

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The Drilling Company of 1972 A/S (OCSE:DRLCO) Business Description

Traded in Other Exchanges
N/A
Address
Lyngby Hovedgade 85, Kgs. Lyngby, Copenhagen, DNK, DK-2800
The Drilling Company of 1972 A/S is an offshore drilling services company. The firm's operating segments include the North Sea Jack-up rigs segment and the International Floaters segment. It generates a majority of its revenue from the North Sea segment. Geographically, the firm has operational footprints in the Americas, Africa, Asia, the North Sea, and the Rest of the world.

The Drilling Company of 1972 A/S (OCSE:DRLCO) Headlines

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