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Eurasia Drilling Co (LSE:EDCL) Inventory-to-Revenue : 0.16 (As of Jun. 2015)


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What is Eurasia Drilling Co 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. Eurasia Drilling Co's Average Total Inventories for the quarter that ended in Jun. 2015 was $150 Mil. Eurasia Drilling Co's Revenue for the six months ended in Jun. 2015 was $923 Mil. Eurasia Drilling Co's Inventory-to-Revenue for the quarter that ended in Jun. 2015 was 0.16.

Eurasia Drilling Co's Inventory-to-Revenue for the quarter that ended in Jun. 2015 increased from Dec. 2014 (0.13) to Dec. 2014 (0.16)

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. Eurasia Drilling Co's Days Inventory for the six months 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.


Eurasia Drilling Co Inventory-to-Revenue Historical Data

The historical data trend for Eurasia Drilling Co'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.

Eurasia Drilling Co Inventory-to-Revenue Chart

Eurasia Drilling Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.07 0.06 0.06 0.06 0.06

Eurasia Drilling Co Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.12 0.14 0.13 0.16

Competitive Comparison of Eurasia Drilling Co's Inventory-to-Revenue

For the Oil & Gas Drilling subindustry, Eurasia Drilling Co'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.


Eurasia Drilling Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Eurasia Drilling Co's Inventory-to-Revenue falls into.



Eurasia Drilling Co 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.

Eurasia Drilling Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2014 is calculated as

Inventory-to-Revenue (A: Dec. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Revenue (A: Dec. 2014 )
=( (212.859 + 140.025) / 2 ) / 2975.211
=176.442 / 2975.211
=0.06

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

Inventory-to-Revenue (Q: Jun. 2015 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Jun. 2015 )) / count ) / Revenue (Q: Jun. 2015 )
=( (140.025 + 159.808) / 2 ) / 922.703
=149.9165 / 922.703
=0.16

* 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.


Eurasia Drilling Co  (LSE:EDCL) 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.

Eurasia Drilling Co's Days Inventory for the six months ended in Jun. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2015 )/Cost of Goods Sold (Q: Jun. 2015 )*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 (Q: Jun. 2015 ) / Average Total Inventories (Q: Jun. 2015 )
=726.322 / 149.9165
=4.84

* 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.


Eurasia Drilling Co Inventory-to-Revenue Related Terms

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Eurasia Drilling Co (LSE:EDCL) Business Description

Traded in Other Exchanges
N/A
Address
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.

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