GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dolphin Drilling AS (OSL:DDRIL) » Definitions » Total Inventories

Dolphin Drilling AS (OSL:DDRIL) Total Inventories : kr375.7 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dolphin Drilling AS Total Inventories?

Dolphin Drilling AS's total inventories for the quarter that ended in Mar. 2024 was kr375.7 Mil. Dolphin Drilling AS's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was kr348.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Dolphin Drilling AS's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was kr-2.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dolphin Drilling AS's Days Inventory for the three months ended in Mar. 2024 was 228.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dolphin Drilling AS's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.40.

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. Dolphin Drilling AS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.25.


Dolphin Drilling AS Total Inventories Historical Data

The historical data trend for Dolphin Drilling AS's Total Inventories 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.

Dolphin Drilling AS Total Inventories Chart

Dolphin Drilling AS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 857.20 538.85 179.66 200.35 320.25

Dolphin Drilling AS Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 208.54 217.01 224.15 320.25 375.67

Dolphin Drilling AS Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Dolphin Drilling AS  (OSL:DDRIL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Dolphin Drilling AS's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(293.955+0.75 * 78.53+0.5 * 375.668-1256.473
-0-0)/268.535
=-2.67

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

Dolphin Drilling AS's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=347.958/139.018*365 / 4
=228.40

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

Dolphin Drilling AS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=139.018 / 347.958
=0.40

4. 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.

Dolphin Drilling AS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=347.958 / 107.182
=3.25

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Dolphin Drilling AS Total Inventories Related Terms

Thank you for viewing the detailed overview of Dolphin Drilling AS's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Dolphin Drilling AS (OSL:DDRIL) Business Description

Traded in Other Exchanges
Address
Vestre Svanholmen 12, Sandnes, NOR, N-4313
Dolphin Drilling AS along with its subsidiaries provides exploration and development services to the oil and gas industry. The company operates in one segment, providing drilling services to the offshore oil and gas industry. The company generates the majority of the revenue from Mexico.

Dolphin Drilling AS (OSL:DDRIL) Headlines

No Headlines