Dolphin Drilling AS (STU:L33) Days Inventory : 91.15 (As of Dec. 2024)

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What is Dolphin Drilling AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dolphin Drilling AS's Average Total Inventories for the three months ended in Dec. 2024 was €30.62 Mil. Dolphin Drilling AS's Cost of Goods Sold for the three months ended in Dec. 2024 was €30.66 Mil. Hence, Dolphin Drilling AS's Days Inventory for the three months ended in Dec. 2024 was 91.15.

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

STU:L33' s Days Inventory Range Over the Past 10 Years
Min: 117.66 Med: 1434.59 Max: 18049.48
Current: 158.67

During the past 13 years, Dolphin Drilling AS's highest Days Inventory was 18049.48. The lowest was 117.66. And the median was 1434.59.

STU:L33's Days Inventory is ranked worse than
90.5% of 705 companies
in the Oil & Gas industry
Industry Median: 31.9 vs STU:L33: 158.67

Dolphin Drilling AS's Days Inventory increased from Dec. 2023 (0.00) to Dec. 2024 (91.15). It might indicate that Dolphin Drilling AS's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dolphin Drilling AS's Inventory Turnover for the three months ended in Dec. 2024 was 1.00.

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. Dolphin Drilling AS's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.64.

Dolphin Drilling AS Days Inventory Historical Data

The historical data trend for Dolphin Drilling AS'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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Dolphin Drilling AS Days Inventory Chart

Dolphin Drilling AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

Dec23

Dec24

Days Inventory

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1,007.24

123.31

119.40

336.33

130.01

Dolphin Drilling AS Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	228.67	230.23	190.11	91.15

Competitive Comparison of Dolphin Drilling AS's Days Inventory

For the Oil & Gas Drilling subindustry, Dolphin Drilling AS'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.

Dolphin Drilling AS's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dolphin Drilling AS's Days Inventory falls into.

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Dolphin Drilling AS Days Inventory Calculation

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

Dolphin Drilling AS'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
=	( (27.837	+	31.42)	/	2 )	/	83.18	*	365
=	29.6285					/	83.18	*	365
=	130.01

Dolphin Drilling AS'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
=	( (29.823	+	31.42)	/	2 )	/	30.655	*	365 / 4
=	30.6215					/	30.655	*	365 / 4
=	91.15

Dolphin Drilling AS (STU:L33) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30.655	/	30.6215
	=	1.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	30.6215	/	47.75
	=	0.64

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.

Dolphin Drilling AS Days Inventory Related Terms

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

Dolphin Drilling AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dolphin Drilling AS (STU:L33) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DDRIL:Norway

Address

Vestre Svanholmen 12, Sandnes, NOR, N-4313

Website

https://www.dolphindrilling.no

Dolphin Drilling AS along with its subsidiaries provides exploration and development services to the oil and gas industry. The company operates in one segment, providing drilling services to the offshore oil and gas industry. The company generates the majority of its revenue from Nigeria.

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