GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NCS Multistage Holdings Inc (NAS:NCSM) » Definitions » Days Inventory

NCS Multistage Holdings (NCS Multistage Holdings) Days Inventory : 161.84 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is NCS Multistage Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NCS Multistage Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $41.8 Mil. NCS Multistage Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $23.6 Mil. Hence, NCS Multistage Holdings's Days Inventory for the three months ended in Dec. 2023 was 161.84.

The historical rank and industry rank for NCS Multistage Holdings's Days Inventory or its related term are showing as below:

NCSM' s Days Inventory Range Over the Past 10 Years
Min: 72.39   Med: 111.96   Max: 198.4
Current: 162.82

During the past 9 years, NCS Multistage Holdings's highest Days Inventory was 198.40. The lowest was 72.39. And the median was 111.96.

NCSM's Days Inventory is ranked worse than
89.86% of 730 companies
in the Oil & Gas industry
Industry Median: 31.47 vs NCSM: 162.82

NCS Multistage Holdings's Days Inventory increased from Dec. 2022 (128.92) to Dec. 2023 (161.84). It might indicate that NCS Multistage Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NCS Multistage Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.56.

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. NCS Multistage Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.19.


NCS Multistage Holdings Days Inventory Historical Data

The historical data trend for NCS Multistage Holdings'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.

* Premium members only.

NCS Multistage Holdings Days Inventory Chart

NCS Multistage Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 111.96 198.40 168.44 130.09 156.91

NCS Multistage Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 128.92 135.56 210.78 163.05 161.84

Competitive Comparison of NCS Multistage Holdings's Days Inventory

For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings'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.


NCS Multistage Holdings's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NCS Multistage Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where NCS Multistage Holdings's Days Inventory falls into.



NCS Multistage Holdings Days Inventory Calculation

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

NCS Multistage Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (37.042 + 41.612) / 2 ) / 91.484*365
=39.327 / 91.484*365
=156.91

NCS Multistage Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (42.035 + 41.612) / 2 ) / 23.581*365 / 4
=41.8235 / 23.581*365 / 4
=161.84

* 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.


NCS Multistage Holdings  (NAS:NCSM) 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.

NCS Multistage Holdings'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.

NCS Multistage Holdings'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.


NCS Multistage Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of NCS Multistage Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


NCS Multistage Holdings (NCS Multistage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.
Executives
Dewayne Williams officer: VP, Controller 1800 WEST LOOP SOUTH, SUITE 1500, HOUSTON TX 77027
Marty Stromquist director, officer: President and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Michael L Morrison officer: Chief Financial Officer 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Robert Nipper director, officer: CEO and Director C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Ori Lev officer: Executive VP, GC and Secretary 3817 BROWNING STREET, HOUSTON TX 77005
Lori A Cole officer: Vice President, Finance 2010 MASON STREET, HOUSTON TX 77006
Ryan Hummer officer: Chief Financial Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Valerie A Mitchell director 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Kevin Trautner officer: Executive VP, GC and Secretary C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070
James Gambrell King officer: Chief Strategy Officer 3402 SYCAMORE SHADOWS, KINGWOOD TX 77339
John D Deane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Michael Mcshane director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Wade Bitter officer: CAO and Treasurer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY, SUITE 200, HOUSTON TX 77070
Tim Willems officer: Chief Operations Officer C/O NCS MULTISTAGE, LLC, 19450 STATE HIGHWAY 249, SUITE 200, HOUSTON TX 77070