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

View and export this data going back to 1972. Start your Free Trial

What is Rowan Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Rowan's Cost of Goods Sold for the three months ended in Dec. 2018 was $261.3 Mil. Rowan's Average Total Inventories for the quarter that ended in Dec. 2018 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rowan's Days Inventory for the three months ended in Dec. 2018 was 0.00.

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 quarter that ended in Dec. 2018 was 0.00.

Rowan Inventory Turnover Historical Data

The historical data trend for Rowan's Inventory Turnover 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 Inventory Turnover Chart

Rowan Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Inventory Turnover

Get a 7-Day Free Trial

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

Rowan Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2018 )	/ (	(Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )
=	1071.6	/ (	(0	+	0)	/	1 )
=	1071.6	/	0
=	N/A

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

	Inventory Turnover (Q: Dec. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2018 )	/ (	(Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )
=	261.3	/ (	(0	+	0)	/	1 )
=	261.3	/	0
=	N/A

Rowan (NYSE:RDC) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

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

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

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 quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2018 )	/	Revenue (Q: Dec. 2018 )
	=	0	/	179.4
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Rowan Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Rowan's Inventory Turnover 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 » Inventory Turnover

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