Days Inventory is also known as Days Sales of Inventory (DSI). RPC's Average Total Inventories for the
three
months ended in Dec. 2023 was $110 Mil. RPC's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $309 Mil.
Hence, RPC's Days Inventory for the
three
months ended in Dec. 2023 was 32.63.
The historical rank and industry rank for RPC's Days Inventory or its related term are showing as below:
RES'
s Days Inventory Range Over the Past 10 Years
Min: 27.44 Med: 36.11 Max: 58.23
Current: 33.27
During the past 13 years, RPC's highest Days Inventory was 58.23. The lowest was 27.44. And the median was 36.11.
RES's Days Inventory is ranked worse than 50.55% of 730
companies
in the Oil & Gas industry
Industry Median: 31.41
vs RES: 33.27
RPC's Days Inventory
increased
from Dec. 2022 (26.25) to Dec. 2023 (32.63).
It might indicate that RPC's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
RPC's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.80.
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.
RPC's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.28.
RPC Days Inventory Historical Data
The historical data trend for RPC'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.
For the Oil & Gas Equipment & Services subindustry, RPC'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.
RPC's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, RPC's Days Inventory distribution charts can be found below:
* The bar in red indicates where RPC's Days Inventory falls into.
RPC Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
RPC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
RPC (NYSE:RES) 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.
RPC's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
RPC's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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
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.
RPC Days Inventory Related Terms
Thank you for viewing the detailed overview of RPC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
RPC Inc is an oilfield services company. It provides specialized oilfield services and equipment primarily to independent and major oil and gas companies engaged in the exploration, production, and development of oil and gas properties throughout the United States. The company's operating segment includes Technical Services and Support Services. It generates maximum revenue from the Technical Services segment. Technical Services segment consists primarily of pressure pumping, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing. Support Services segment consists primarily of drill pipe and related tools, pipe handling, pipe inspection and storage services, and oilfield training and consulting services.
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