Eurasia Drilling Co (LSE:EDCL) Change In Inventory : $-16 Mil (TTM As of Jun. 2015)

View and export this data going back to . Start your Free Trial

What is Eurasia Drilling Co Change In Inventory?

Eurasia Drilling Co's change in inventory for the quarter that ended in Jun. 2015 was $-20 Mil. It means Eurasia Drilling Co's inventory increased by $20 Mil from Dec. 2014 to Jun. 2015 .

Eurasia Drilling Co's change in inventory for the fiscal year that ended in Dec. 2014 was $-12 Mil. It means Eurasia Drilling Co's inventory increased by $12 Mil from Dec. 2013 to Dec. 2014 .

Eurasia Drilling Co's Total Inventories for the quarter that ended in Jun. 2015 was $160 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eurasia Drilling Co's Days Inventory for the quarter that ended in Jun. 2015 was 37.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eurasia Drilling Co's Inventory Turnover for the quarter that ended in Jun. 2015 was 4.84.

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. Eurasia Drilling Co's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.16.

Eurasia Drilling Co Change In Inventory Historical Data

The historical data trend for Eurasia Drilling Co's Change In 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.

* Premium members only.

Eurasia Drilling Co Change In Inventory Chart

Eurasia Drilling Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Change In Inventory

Get a 7-Day Free Trial

-27.38

-51.19

-10.53

-12.99

-12.45

Eurasia Drilling Co Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Change In Inventory	Get a 7-Day Free Trial								-12.74	-0.25	-16.53	4.08	-20.39

Eurasia Drilling Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-16 Mil.

Eurasia Drilling Co (LSE:EDCL) Change In Inventory Explanation

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

Eurasia Drilling Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	149.9165	/	726.322	*	365 / 2
	=	37.67

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

Eurasia Drilling Co's Inventory Turnover for the quarter that ended in Jun. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	726.322	/	149.9165
	=	4.84

3. 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.

Eurasia Drilling Co's Inventory to Revenue for the quarter that ended in Jun. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	149.9165	/	922.703
	=	0.16

Eurasia Drilling Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Eurasia Drilling Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Eurasia Drilling Co (LSE:EDCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eurasia Drilling Co Ltd (LSE:EDCL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.eurasiadrilling.com

Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.

Eurasia Drilling Co (LSE:EDCL) Headlines

No Headlines