AWLCF (Awilco Drilling) Inventory Turnover: 0.00 (As of Jun. 2024)

What is Awilco Drilling Inventory Turnover?

Awilco Drilling AWLCF 12 Inventory Turnover is 0.00 as of Jun. 2024. GuruFocus rates AWLCF with a GF Score™ of 12/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Awilco Drilling's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.0 Mil. Awilco Drilling's Average Total Inventories for the quarter that ended in Jun. 2024 was $0.0 Mil.

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

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.

Awilco Drilling (OTCPK:AWLCF) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Awilco Drilling's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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.

Awilco Drilling's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	0
	=

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Awilco Drilling Inventory Turnover Related Terms

Awilco Drilling Inventory Turnover Historical Data

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The historical data trend for Awilco Drilling's Inventory Turnover can be seen below:

Awilco Drilling Inventory Turnover Chart

Awilco Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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12.17

44.81

52.28

48.42

0.00

Awilco Drilling Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial															0.30	0.00	0.00	0.00	0.00

12GF Score

Awilco Drilling PLC AWLCF

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Awilco Drilling Inventory Turnover Calculation

Awilco Drilling's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	-0.019000000000005	/ (	(0	+	0)	/	1 )
=	-0.019000000000005	/	0
=	N/A

Awilco Drilling's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Awilco Drilling (AWLCF) has a Inventory Turnover of 0.00 as of Jun. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Awilco Drilling and its competitors.

Is Awilco Drilling's Inventory Turnover too high?

Awilco Drilling's current Inventory Turnover is 0.00. Overall, Awilco Drilling has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Awilco Drilling's Inventory Turnover compare to NE and SOC?

Awilco Drilling's Inventory Turnover of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Oil & Gas company?

A good Inventory Turnover depends on the Oil & Gas industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Awilco Drilling and its competitors. Awilco Drilling's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Awilco Drilling stock overvalued right now?

Awilco Drilling (AWLCF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Awilco Drilling's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Awilco Drilling (AWLCF), the current Inventory Turnover is 0.00 as of Jun. 2024. 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.

Awilco Drilling Business Description

Industry Energy Oil & Gas

Comparable Companies OSL:IOX OSL:STSU OSL:SEAPT ADX:ADNOCDRILL SAU:2382 SHSE:600871 NE SOC PTEN RIG SAU:2381 HP OSL:ODL SDRL TSX:PD OSL:PLSV MUS:ABRJ NBR BORR STC:PVD

Address 2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, GBR, AB32 6FL

Website https://www.awilcodrilling.com

Awilco Drilling PLC is engaged in operating the drilling rigs. Its business is to own offshore drilling rigs for use in offshore drilling operations and to provide drilling services for oil and gas companies using these rigs. Its segment provides drilling services in the United Kingdom. The company owns and operates approximately two semi-submersible drilling rigs: the WilPhoenix and WilHunter, both standardized rigs used in the drilling of oil and gas wells in the United Kingdom sector of the North Sea.

12GF Score

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$1.81

Price

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