Norstra Energy (Norstra Energy) Days Inventory : 0.00 (As of Nov. 2013)

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What is Norstra Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Norstra Energy's Average Total Inventories for the three months ended in Nov. 2013 was $0.00 Mil. Norstra Energy's Cost of Goods Sold for the three months ended in Nov. 2013 was $0.00 Mil.

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

NORX's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.45
* Ranked among companies with meaningful Days Inventory only.

Norstra Energy's Days Inventory stayed the same from Nov. 2012 (0.00) to Nov. 2013 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

Norstra Energy Days Inventory Historical Data

The historical data trend for Norstra 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.

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Norstra Energy Days Inventory Chart

Norstra Energy Annual Data

Trend

Feb12

Feb13

Days Inventory

Norstra Energy Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Norstra Energy's Days Inventory

For the Oil & Gas E&P subindustry, Norstra 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.

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

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

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

Norstra Energy Days Inventory Calculation

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

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

	Days Inventory (A: Feb. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2012 )	+	Total Inventories (A: Feb. 2013 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2013 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Norstra Energy's Days Inventory for the quarter that ended in Nov. 2013 is calculated as:

	Days Inventory (Q: Nov. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2013 )	+	Total Inventories (Q: Nov. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2013 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Norstra Energy (GREY:NORX) 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.

Norstra Energy's Inventory Turnover for the three months ended in Nov. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Norstra Energy's Inventory to Revenue for the three months ended in Nov. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Norstra Energy Days Inventory Related Terms

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Norstra Energy (Norstra Energy) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

1048 WEST 11TH, Suite 400, Spokane, WA, USA, 99204

Website

http://www.norstraenergy.com

Norstra Energy Inc explores and develops oil and gas properties. The exploration activities of company are subject to federal, state and local laws and regulations governing exploration, environmental matters, occupational health and safety, taxes, labor standards and other matters.

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