U.S. Well Services (U.S. Well Services) Days Inventory : 11.49 (As of Jun. 2022)

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What is U.S. Well Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). U.S. Well Services's Average Total Inventories for the three months ended in Jun. 2022 was $7.7 Mil. U.S. Well Services's Cost of Goods Sold for the three months ended in Jun. 2022 was $61.1 Mil. Hence, U.S. Well Services's Days Inventory for the three months ended in Jun. 2022 was 11.49.

The historical rank and industry rank for U.S. Well Services's Days Inventory or its related term are showing as below:

USWS' s Days Inventory Range Over the Past 10 Years
Min: 5.36 Med: 8.22 Max: 11.58
Current: 11.48

During the past 6 years, U.S. Well Services's highest Days Inventory was 11.58. The lowest was 5.36. And the median was 8.22.

USWS's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.5 vs USWS: 11.48

U.S. Well Services's Days Inventory increased from Jun. 2021 (10.31) to Jun. 2022 (11.49). It might indicate that U.S. Well Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. U.S. Well Services's Inventory Turnover for the three months ended in Jun. 2022 was 7.94.

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. U.S. Well Services's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.11.

U.S. Well Services Days Inventory Historical Data

The historical data trend for U.S. Well Services'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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U.S. Well Services Days Inventory Chart

U.S. Well Services Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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5.36

6.26

11.58

10.17

U.S. Well Services Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Inventory	Get a 7-Day Free Trial															10.31	9.18	11.13	13.43	11.49

Competitive Comparison of U.S. Well Services's Days Inventory

For the Oil & Gas Equipment & Services subindustry, U.S. Well Services'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.

U.S. Well Services's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, U.S. Well Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where U.S. Well Services's Days Inventory falls into.

U.S. Well Services Days Inventory Calculation

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

U.S. Well Services'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
=	( (7.965	+	6.351)	/	2 )	/	256.808	*	365
=	7.158					/	256.808	*	365
=	10.17

U.S. Well Services'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: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (7.311	+	8.074)	/	2 )	/	61.086	*	365 / 4
=	7.6925					/	61.086	*	365 / 4
=	11.49

U.S. Well Services (NAS:USWS) 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.

U.S. Well Services's Inventory Turnover for the three months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	61.086	/	7.6925
	=	7.94

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.

U.S. Well Services's Inventory to Revenue for the three months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.6925	/	68.764
	=	0.11

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.

U.S. Well Services Days Inventory Related Terms

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

U.S. Well Services (U.S. Well Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » U.S. Well Services Inc (NAS:USWS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1360 Post Oak Boulevard, Suite 1800, Houston, TX, USA, 77056

Website

http://www.uswellservices.com

U.S. Well Services Inc is an oilfield service provider of well stimulation services to the upstream oil and natural gas industry. The company is engaged in high-pressure hydraulic fracturing in unconventional oil and natural gas basins in the United States. It operates in a single segment, which consists of pressure pumping services.

Executives

Joshua Shapiro	officer: Chief Financial Officer	1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Angelo Gordon & Co Lp/ny	10 percent owner	245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Ag Partners Lp	10 percent owner	C/O ANGELO GORDON & CO, 245 PARK AVE 26TH FL, NEW YORK NY 10167
Ag Energy Funding, Llc	10 percent owner	C/O ANGELO, GORDON & CO., L.P., 245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Adam R Schwartz	10 percent owner	245 PARK AVENUE, 26TH FLOOR, NEW YORK NY 10167
Joshua Baumgarten	10 percent owner	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Steve Saad Habachy	director	9805 KATY WAY, SUITE 400, HOUSTON TX 77024
Farris Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Thrc Holdings, Lp	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Thrc Management, Llc	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Staci Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Jasper Antolin	other: Principal Accounting Officer	1360 POST OAK BOULEVARD, SUITE 1800, HOUSTON TX 77056
Beal Financial Corp	10 percent owner	15770 N DALLAS PARKWAY, STE 300 LB 66, DALLAS TX 75248
Daniel Andrew Beal	10 percent owner	6000 LEGACY DRIVE, PLANO TX 75024