Rowan (RDC) Days Inventory : 0.00 (As of Dec. 2018)

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What is Rowan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rowan's Average Total Inventories for the three months ended in Dec. 2018 was $0.0 Mil. Rowan's Cost of Goods Sold for the three months ended in Dec. 2018 was $261.3 Mil. Hence, Rowan's Days Inventory for the three months ended in Dec. 2018 was 0.00.

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

RDC's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.5
* Ranked among companies with meaningful Days Inventory only.

Rowan's Days Inventory stayed the same from Dec. 2017 (0.00) to Dec. 2018 (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. Rowan's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.00.

Rowan Days Inventory Historical Data

The historical data trend for Rowan'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.

Rowan Days Inventory Chart

Rowan Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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Rowan Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Rowan's Days Inventory

For the Oil & Gas Drilling subindustry, Rowan'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.

Rowan's Days Inventory Distribution in the Oil & Gas Industry

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

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

Rowan Days Inventory Calculation

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

Rowan's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1071.6	*	365
=	0					/	1071.6	*	365
=	0.00

Rowan's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	261.3	*	365 / 4
=	0					/	261.3	*	365 / 4
=	0.00

Rowan (NYSE:RDC) 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.

Rowan's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	261.3	/	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.

Rowan's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	179.4
	=	0.00

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.

Rowan Days Inventory Related Terms

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

Rowan (RDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rowan Companies PLC (NYSE:RDC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2800 Post Oak Boulevard, Suite 5450, Houston, TX, USA, 77056-6189

Website

http://www.rowancompanies.com

Rowan Companies has been drilling for oil and gas for 90 years, serving oil and gas companies globally. In 2011 and 2012, the firm entered the deep-water market with four new rig orders. Rowan now operates 29 offshore drilling units, which includes 25 jackup drilling units, and four ultra-deepwater drillships.

Executives

Charles L Szews	director	6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Stephen M Butz	officer: EVP & CFO	C/O HERCULES OFFSHORE, INC., 9 GREENWAY PLAZA, SUITE 2200, HOUSTON TX 77046
Alan Quintero	officer: SVP - Business Development	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Thomas Peter Burke	director, officer: President & CEO	2800 POST OAK BLVD, HOUSTON TX 77056
Thomas R Hix	director	C/O COOPER CAMERON, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Suzanne P Nimocks	director	2800 POST OAK BLVD, SUITE 5450, HOUSTON TX 77056
Dennis S Baldwin	officer: Chief Accounting Officer	1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
John J Quicke	director	C/O SEQUA CORP, 200 PARK AVENUE, 44TH FL, NEW YORK NY 10166
Tore I Sandvold	director	C/O SCHLUMBERGER LIMITED, 5999 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
William E Albrecht	director	9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Jack B Moore	director	5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Thierry Pilenko	director	10300 TOWN PARK DRIVE, HOUSTON TX 77072
P Dexter Peacock	director	PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Melanie Montague Trent	officer: EVP, General Counsel & CAO	2800 POST OAK BLVD., SUITE 5450, HOUSTON TX 7056
W Matt Ralls	director, officer: Executive Chairman	ROWAN COMPANIES, HOUSTON TX 77002