GASE Energy (GASE Energy) Days Inventory : 51.06 (As of Sep. 2014)

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What is GASE Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GASE Energy's Average Total Inventories for the three months ended in Sep. 2014 was $0.02 Mil. GASE Energy's Cost of Goods Sold for the three months ended in Sep. 2014 was $0.04 Mil. Hence, GASE Energy's Days Inventory for the three months ended in Sep. 2014 was 51.06.

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

GASE's Days Inventory is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 69.33
* Ranked among companies with meaningful Days Inventory only.

GASE Energy's Days Inventory increased from Sep. 2013 (0.00) to Sep. 2014 (51.06). It might indicate that GASE Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GASE Energy's Inventory Turnover for the three months ended in Sep. 2014 was 1.79.

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. GASE Energy's Inventory-to-Revenue for the three months ended in Sep. 2014 was 0.41.

GASE Energy Days Inventory Historical Data

The historical data trend for GASE 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.

GASE Energy Days Inventory Chart

GASE Energy Annual Data

Trend

Dec11

Dec12

Dec13

Days Inventory

96.32

72.27

GASE Energy Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Inventory	Get a 7-Day Free Trial							-	57.20	62.96	56.49	51.06

Competitive Comparison of GASE Energy's Days Inventory

For the Shell Companies subindustry, GASE 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.

GASE Energy's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GASE Energy's Days Inventory distribution charts can be found below:

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

GASE Energy Days Inventory Calculation

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

GASE Energy's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

	Days Inventory (A: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (0.057	+	0.042)	/	2 )	/	0.25	*	365
=	0.0495					/	0.25	*	365
=	72.27

GASE Energy's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

	Days Inventory (Q: Sep. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2014 )	+	Total Inventories (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (0.025	+	0.022)	/	2 )	/	0.042	*	365 / 4
=	0.0235					/	0.042	*	365 / 4
=	51.06

GASE Energy (OTCPK:GASE) 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.

GASE Energy's Inventory Turnover for the three months ended in Sep. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.042	/	0.0235
	=	1.79

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.

GASE Energy's Inventory to Revenue for the three months ended in Sep. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0235	/	0.057
	=	0.41

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.

GASE Energy Days Inventory Related Terms

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

GASE Energy (GASE Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GASE Energy Inc (OTCPK:GASE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

61 Larbert Road, Southport, CT, USA, 06890

Website

https://www.greateastenergy.com

GASE Energy Inc is a shell company.

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