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Tuscany International Drilling, (FRA:TS1) Inventory-to-Revenue : 0.45 (As of Mar. 2014)


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What is Tuscany International Drilling, Inventory-to-Revenue?

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. Tuscany International Drilling,'s Average Total Inventories for the quarter that ended in Mar. 2014 was €11.2 Mil. Tuscany International Drilling,'s Revenue for the three months ended in Mar. 2014 was €24.8 Mil. Tuscany International Drilling,'s Inventory-to-Revenue for the quarter that ended in Mar. 2014 was 0.45.

Tuscany International Drilling,'s Inventory-to-Revenue for the quarter that ended in Mar. 2014 increased from Dec. 2013 (0.37) to Dec. 2013 (0.45)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tuscany International Drilling,'s Days Inventory for the three months ended in Mar. 2014 was 56.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tuscany International Drilling,'s Inventory Turnover for the quarter that ended in Mar. 2014 was 1.63.


Tuscany International Drilling, Inventory-to-Revenue Historical Data

The historical data trend for Tuscany International Drilling,'s Inventory-to-Revenue 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.

Tuscany International Drilling, Inventory-to-Revenue Chart

Tuscany International Drilling, Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Inventory-to-Revenue
- 0.04 0.04 0.07 0.10

Tuscany International Drilling, Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
Inventory-to-Revenue 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 0.48 0.30 0.44 0.37 0.45

Competitive Comparison of Tuscany International Drilling,'s Inventory-to-Revenue

For the Oil & Gas Equipment & Services subindustry, Tuscany International Drilling,'s Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Tuscany International Drilling,'s Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tuscany International Drilling,'s Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Tuscany International Drilling,'s Inventory-to-Revenue falls into.



Tuscany International Drilling, Inventory-to-Revenue Calculation

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.

Tuscany International Drilling,'s Inventory-to-Revenue for the fiscal year that ended in Dec. 2013 is calculated as

Inventory-to-Revenue (A: Dec. 2013 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Revenue (A: Dec. 2013 )
=( (14.223 + 11.104) / 2 ) / 124.047
=12.6635 / 124.047
=0.10

Tuscany International Drilling,'s Inventory-to-Revenue for the quarter that ended in Mar. 2014 is calculated as

Inventory-to-Revenue (Q: Mar. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2013 ) + Total Inventories (Q: Mar. 2014 )) / count ) / Revenue (Q: Mar. 2014 )
=( (11.104 + 11.275) / 2 ) / 24.778
=11.1895 / 24.778
=0.45

* 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.


Tuscany International Drilling,  (FRA:TS1) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Tuscany International Drilling,'s Days Inventory for the three months ended in Mar. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2014 )/Cost of Goods Sold (Q: Mar. 2014 )*Days in Period
=11.1895/18.231*365 / 4
=56.01

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tuscany International Drilling,'s Inventory Turnover for the quarter that ended in Mar. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2014 ) / Average Total Inventories (Q: Mar. 2014 )
=18.231 / 11.1895
=1.63

* 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.


Tuscany International Drilling, Inventory-to-Revenue Related Terms

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Tuscany International Drilling, (FRA:TS1) Business Description

Traded in Other Exchanges
N/A
Address
Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

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