Days Inventory is also known as Days Sales of Inventory (DSI). CHC Group's Average Total Inventories for the
three
months ended in Oct. 2016 was $92 Mil. CHC Group's Cost of Goods Sold for the
three
months ended in Oct. 2016 was $229 Mil.
Hence, CHC Group's Days Inventory for the
three
months ended in Oct. 2016 was 36.69.
The historical rank and industry rank for CHC Group's Days Inventory or its related term are showing as below:
HELIQ's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.36 * Ranked among companies with meaningful Days Inventory only.
CHC Group's Days Inventory
increased
from Oct. 2015 (33.63) to Oct. 2016 (36.69).
It might indicate that CHC Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
CHC Group's Inventory Turnover for the
three
months ended in Oct. 2016 was 2.49.
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.
CHC Group's Inventory-to-Revenue for the
three
months ended in Oct. 2016 was 0.37.
CHC Group Days Inventory Historical Data
The historical data trend for CHC Group'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.
Competitive Comparison of CHC Group's Days Inventory
For the Oil & Gas Equipment & Services subindustry, CHC Group'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.
CHC Group's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CHC Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where CHC Group's Days Inventory falls into.
CHC Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
CHC Group's Days Inventory for the fiscal year that ended in Apr. 2016 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.
CHC Group (OTCPK:HELIQ) 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.
CHC Group's Inventory Turnover for the
three
months ended in Oct. 2016 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.
CHC Group's Inventory to Revenue for the
three
months ended in Oct. 2016 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.
CHC Group Days Inventory Related Terms
Thank you for viewing the detailed overview of CHC Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
CHC Group Ltd is a commercial helicopter service provider to the offshore oil and gas industry. The company operates in two segments including the Helicopter Services segment which includes flying operations around the world serving offshore oil and gas. Heli-One segment provides helicopter maintenance, repair, and overhaul services for fleet and for an external customer base primarily in Europe, Asia, and North America. The company has a global market presence with the majority of the revenue generated from Norway.
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