Cheniere Energy (Cheniere Energy) Days Inventory : 17.60 (As of Dec. 2023)

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What is Cheniere Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cheniere Energy's Average Total Inventories for the three months ended in Dec. 2023 was $423 Mil. Cheniere Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,190 Mil. Hence, Cheniere Energy's Days Inventory for the three months ended in Dec. 2023 was 17.60.

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

LNG' s Days Inventory Range Over the Past 10 Years
Min: 9.83 Med: 18.39 Max: 52.87
Current: 42.27

During the past 13 years, Cheniere Energy's highest Days Inventory was 52.87. The lowest was 9.83. And the median was 18.39.

LNG's Days Inventory is ranked worse than
60.41% of 730 companies
in the Oil & Gas industry
Industry Median: 31.555 vs LNG: 42.27

Cheniere Energy's Days Inventory declined from Dec. 2022 (40.23) to Dec. 2023 (17.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cheniere Energy's Inventory Turnover for the three months ended in Dec. 2023 was 5.18.

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. Cheniere Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.

Cheniere Energy Days Inventory Historical Data

The historical data trend for Cheniere 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.

* Premium members only.

Cheniere Energy Days Inventory Chart

Cheniere Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

16.31

17.19

11.22

9.83

52.87

Cheniere Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															40.23	-	23.38	28.24	17.60

Competitive Comparison of Cheniere Energy's Days Inventory

For the Oil & Gas Midstream subindustry, Cheniere 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.

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

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

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

Cheniere Energy Days Inventory Calculation

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

Cheniere Energy's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (826	+	445)	/	2 )	/	4387	*	365
=	635.5					/	4387	*	365
=	52.87

Cheniere Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (400	+	445)	/	2 )	/	2190	*	365 / 4
=	422.5					/	2190	*	365 / 4
=	17.60

Cheniere Energy (NYSE:LNG) 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.

Cheniere Energy's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2190	/	422.5
	=	5.18

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.

Cheniere Energy's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	422.5	/	4823
	=	0.09

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.

Cheniere Energy Days Inventory Related Terms

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

Cheniere Energy (Cheniere Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheniere Energy Inc (NYSE:LNG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

LNG:Mexico CHQ1:Germany CHQ1:Germany

Address

700 Milam Street, Suite 1900, Houston, TX, USA, 77002

Website

https://www.cheniere.com

Cheniere Energy owns and operates the Sabine Pass liquefied natural gas terminal via its stake in Cheniere Partners. It also owns the Corpus Christi LNG terminals as well as Cheniere Marketing, which markets LNG using Cheniere's gas volumes.

Executives

Denise Gray	director	7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Matthew Jk Runkle	director	345 PARK AVENUE, NEW YORK NY 10154
Vicky A Bailey	director	2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Grindal Corey	officer: EVP & Chief Operating Officer	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian E Edwards	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Aaron D. Stephenson	officer: SVP, Operations	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
G Andrea Botta	director	14 EAST 75TH ST #8A, NEW YORK NY 10021
Scott Bennett Peak	director	1200 SMITH STREET, HOUSTON TX 77002
Neal A Shear	director	1585 BROADWAY, NEW YORK NY 10036
David L Slack	officer: VP & Chief Accounting Officer	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Lorraine Mitchelmore	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Patricia K Collawn	director	414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
David B Kilpatrick	director	35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Andrew Teno	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Nuno Brandolini	director	717 TEXAS AVE., SUITE 3100, HOUSTON TX 77002