Linc Energy (ASX:LNC) Days Inventory : 8.39 (As of Dec. 2015)

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

What is Linc Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Linc Energy's Average Total Inventories for the three months ended in Dec. 2015 was A$4.26 Mil. Linc Energy's Cost of Goods Sold for the three months ended in Dec. 2015 was A$46.34 Mil. Hence, Linc Energy's Days Inventory for the three months ended in Dec. 2015 was 8.39.

The historical rank and industry rank for Linc Energy's Days Inventory or its related term are showing as below:

ASX:LNC' s Days Inventory Range Over the Past 10 Years
Min: 9.39 Med: 30.4 Max: 86.25
Current: 33.57

During the past 11 years, Linc Energy's highest Days Inventory was 86.25. The lowest was 9.39. And the median was 30.40.

ASX:LNC's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.29 vs ASX:LNC: 33.57

Linc Energy's Days Inventory declined from Dec. 2014 (8.41) to Dec. 2015 (8.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Linc Energy's Inventory Turnover for the three months ended in Dec. 2015 was 10.87.

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. Linc Energy's Inventory-to-Revenue for the three months ended in Dec. 2015 was 0.27.

Linc Energy Days Inventory Historical Data

The historical data trend for Linc Energy'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.

Linc Energy Days Inventory Chart

Linc Energy Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Days Inventory

Get a 7-Day Free Trial

86.25

21.37

17.54

9.41

9.39

Linc Energy Quarterly Data
	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Days Inventory	Get a 7-Day Free Trial															8.41	8.91	12.34	10.93	8.39

Competitive Comparison of Linc Energy's Days Inventory

For the Oil & Gas E&P subindustry, Linc Energy'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.

Linc Energy's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Linc Energy's Days Inventory falls into.

Linc Energy Days Inventory Calculation

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

Linc Energy's Days Inventory for the fiscal year that ended in Jun. 2015 is calculated as

	Days Inventory (A: Jun. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2014 )	+	Total Inventories (A: Jun. 2015 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2015 )	*	Days in Period
=	( (2.857	+	3.585)	/	2 )	/	125.149	*	365
=	3.221					/	125.149	*	365
=	9.39

Linc Energy's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

	Days Inventory (Q: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2015 )	+	Total Inventories (Q: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2015 )	*	Days in Period
=	( (4.411	+	4.113)	/	2 )	/	46.339	*	365 / 4
=	4.262					/	46.339	*	365 / 4
=	8.39

Linc Energy (ASX:LNC) 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.

Linc Energy's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	46.339	/	4.262
	=	10.87

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.

Linc Energy's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.262	/	15.834
	=	0.27

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.

Linc Energy Days Inventory Related Terms

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

Linc Energy (ASX:LNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linc Energy Ltd. (ASX:LNC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000

Website

http://www.lincenergy.com

Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.