PA Resources AB (STU:P3RA) Days Inventory : 73.37 (As of Sep. 2015)

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What is PA Resources AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PA Resources AB's Average Total Inventories for the three months ended in Sep. 2015 was €2.74 Mil. PA Resources AB's Cost of Goods Sold for the three months ended in Sep. 2015 was €3.41 Mil. Hence, PA Resources AB's Days Inventory for the three months ended in Sep. 2015 was 73.37.

The historical rank and industry rank for PA Resources AB's Days Inventory or its related term are showing as below:

STU:P3RA' s Days Inventory Range Over the Past 10 Years
Min: 3.78 Med: 16.6 Max: 279.79
Current: 34.3

During the past 11 years, PA Resources AB's highest Days Inventory was 279.79. The lowest was 3.78. And the median was 16.60.

STU:P3RA's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.94 vs STU:P3RA: 34.30

PA Resources AB's Days Inventory increased from Sep. 2014 (10.59) to Sep. 2015 (73.37). It might indicate that PA Resources AB's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. PA Resources AB's Inventory Turnover for the three months ended in Sep. 2015 was 1.24.

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. PA Resources AB's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.89.

PA Resources AB Days Inventory Historical Data

The historical data trend for PA Resources AB'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.

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PA Resources AB Days Inventory Chart

PA Resources AB Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Inventory

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16.59

21.35

11.67

23.76

PA Resources AB Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Days Inventory	Get a 7-Day Free Trial															10.59	20.63	31.96	78.47	73.37

Competitive Comparison of PA Resources AB's Days Inventory

For the Oil & Gas E&P subindustry, PA Resources AB'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.

PA Resources AB's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PA Resources AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where PA Resources AB's Days Inventory falls into.

PA Resources AB Days Inventory Calculation

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

PA Resources AB's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (1.341	+	3.933)	/	2 )	/	40.503	*	365
=	2.637					/	40.503	*	365
=	23.76

PA Resources AB's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

	Days Inventory (Q: Sep. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2015 )	+	Total Inventories (Q: Sep. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	Days in Period
=	( (4.204	+	1.278)	/	2 )	/	3.409	*	365 / 4
=	2.741					/	3.409	*	365 / 4
=	73.37

PA Resources AB (STU:P3RA) 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.

PA Resources AB's Inventory Turnover for the three months ended in Sep. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.409	/	2.741
	=	1.24

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.

PA Resources AB's Inventory to Revenue for the three months ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.741	/	3.089
	=	0.89

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.

PA Resources AB Days Inventory Related Terms

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

PA Resources AB (STU:P3RA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.paresources.se

PA Resources AB is engaged in acquisition, development, extraction and sale of oil and gas reserves. It operates in Tunisia, Republic of Congo (Brazzaville), Equatorial Guinea, United Kingdom, Denmark, Greenland, Netherlands and Germany. It has operations and assets in eight countries and has oil production in West and North Africa. The Company has 21 oil and gas licences in total, of which 7 are production licences and 14 exploration licences. The Company's operations are subject to environmental legislation and regulations applicable in each country it operates.

PA Resources AB (STU:P3RA) Headlines

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