TTNN (Titan NRG) Days Inventory: 80.21 (As of Dec. 2011)


What is Titan NRG Days Inventory?

Titan NRG TTNN -0.76% Days Inventory is 80.21 as of Dec. 2011.

Days Inventory is also known as Days Sales of Inventory (DSI). Titan NRG's Average Total Inventories for the three months ended in Dec. 2011 was $2.45 Mil. Titan NRG's Cost of Goods Sold for the three months ended in Dec. 2011 was $2.79 Mil. Hence, Titan NRG's Days Inventory for the three months ended in Dec. 2011 was 80.21.

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

TTNN's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.055
* Ranked among companies with meaningful Days Inventory only.

Titan NRG's Days Inventory declined from Dec. 2010 (89.22) to Dec. 2011 (80.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Titan NRG's Inventory Turnover for the three months ended in Dec. 2011 was 1.14.

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. Titan NRG's Inventory-to-Revenue for the three months ended in Dec. 2011 was 0.59.


Titan NRG  (OTCPK:TTNN) 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.

Titan NRG's Inventory Turnover for the three months ended in Dec. 2011 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.

Titan NRG's Inventory to Revenue for the three months ended in Dec. 2011 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.


Titan NRG Days Inventory Related Terms


Titan NRG Days Inventory Historical Data

* Premium members only.

The historical data trend for Titan NRG'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.

Titan NRG Days Inventory Chart

Titan NRG Annual Data
Trend Sep07 Sep08 Sep09 Mar10 Mar11
Days Inventory
0.46 0.59 0.00 114.21 43.38

Titan NRG Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 89.22 60.98 27.70 163.52 80.21

TTNN vs SSOL, ABCE, BSRC: Days Inventory Comparison

For the Oil & Gas Midstream subindustry, Titan NRG'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.


Titan NRG Days Inventory vs Oil & Gas Industry

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

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



Titan NRG Days Inventory Calculation

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

Titan NRG's Days Inventory for the fiscal year that ended in Mar. 2011 is calculated as

Days Inventory (A: Mar. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2010 ) + Total Inventories (A: Mar. 2011 )) / count ) / Cost of Goods Sold (A: Mar. 2011 )*Days in Period
=( (0.878 + 0.716) / 2 ) / 6.706*365
=0.797 / 6.706*365
=43.38

Titan NRG's Days Inventory for the quarter that ended in Dec. 2011 is calculated as:

Days Inventory (Q: Dec. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2011 ) + Total Inventories (Q: Dec. 2011 )) / count ) / Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=( (2.62 + 2.278) / 2 ) / 2.786*365 / 4
=2.449 / 2.786*365 / 4
=80.21

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 80.21 mean?
Titan NRG (TTNN) has a Days Inventory of 80.21 as of Dec. 2011. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Titan NRG and its competitors.
Is Titan NRG's Days Inventory too high?
Titan NRG's current Days Inventory is 80.21. The Oil & Gas industry median Days Inventory is 31.06. Titan NRG's value of 80.21 is 158.3% above this industry median.
How does Titan NRG's Days Inventory compare to SSOL and ABCE?
Titan NRG's Days Inventory of 80.21 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.06. Titan NRG's value of 80.21 is 158.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.06, based on 686 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Titan NRG's current Days Inventory of 80.21 is 158.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Titan NRG and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Titan NRG's current Days Inventory is 80.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan NRG stock overvalued right now?
Titan NRG (TTNN) has a current Days Inventory of 80.21. The current Days Inventory is 80.21 and 158.3% above the Oil & Gas industry median of 31.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Titan NRG (TTNN), the current Days Inventory is 80.21 as of Dec. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Titan NRG Business Description

Industry EnergyOil & Gas
Address 4255 North Sullinger Avenue, Tucson, AZ, USA, 85705
Titan NRG operates as a downstream energy and transportation company through its subsidiaries. The products of the company include Propane, Butane, Asphalt, Emulsion, and Specialty Chemicals.