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Archer (OSL:ARCH) Days Inventory : 413.13 (As of Sep. 2024)


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What is Archer Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Archer's Average Total Inventories for the three months ended in Sep. 2024 was kr745 Mil. Archer's Cost of Goods Sold for the three months ended in Sep. 2024 was kr165 Mil. Hence, Archer's Days Inventory for the three months ended in Sep. 2024 was 413.13.

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

OSL:ARCH' s Days Inventory Range Over the Past 10 Years
Min: 348.42   Med: 374.84   Max: 464.3
Current: 455.82

During the past 13 years, Archer's highest Days Inventory was 464.30. The lowest was 348.42. And the median was 374.84.

OSL:ARCH's Days Inventory is ranked worse than
97.73% of 704 companies
in the Oil & Gas industry
Industry Median: 31.715 vs OSL:ARCH: 455.82

Archer's Days Inventory declined from Sep. 2023 (475.71) to Sep. 2024 (413.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Archer's Inventory Turnover for the three months ended in Sep. 2024 was 0.22.

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. Archer's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.21.


Archer Days Inventory Historical Data

The historical data trend for Archer'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.

Archer Days Inventory Chart

Archer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 371.56 414.92 354.98 378.12 464.30

Archer Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 475.71 496.48 507.60 423.30 413.13

Competitive Comparison of Archer's Days Inventory

For the Oil & Gas Drilling subindustry, Archer'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.


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

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

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



Archer Days Inventory Calculation

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

Archer's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (545.382 + 791.205) / 2 ) / 525.36*365
=668.2935 / 525.36*365
=464.30

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

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (749.447 + 741.457) / 2 ) / 164.65*365 / 4
=745.452 / 164.65*365 / 4
=413.13

* 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.


Archer  (OSL:ARCH) 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.

Archer'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.

Archer'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.


Archer Days Inventory Related Terms

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


Archer Business Description

Traded in Other Exchanges
Address
Sandnesveien 358, Sandnes, NOR, 4312
Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging, and integrity management tools. The reporting segments of the company are Platform Operations, Well Services, and Land Drilling. The majority of revenue is derived from the Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.