Days Inventory is also known as Days Sales of Inventory (DSI). Inpex's Average Total Inventories for the
three
months ended in Dec. 2023 was $493 Mil. Inpex's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,663 Mil.
Hence, Inpex's Days Inventory for the
three
months ended in Dec. 2023 was 27.04.
The historical rank and industry rank for Inpex's Days Inventory or its related term are showing as below:
IPXHY'
s Days Inventory Range Over the Past 10 Years
Min: 15.22 Med: 24.88 Max: 31.98
Current: 28.79
During the past 13 years, Inpex's highest Days Inventory was 31.98. The lowest was 15.22. And the median was 24.88.
IPXHY's Days Inventory is ranked better than 52.6% of 730
companies
in the Oil & Gas industry
Industry Median: 31.41
vs IPXHY: 28.79
Inpex's Days Inventory
increased
from Dec. 2022 (22.16) to Dec. 2023 (27.04).
It might indicate that Inpex's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Inpex's Inventory Turnover for the
three
months ended in Dec. 2023 was 3.37.
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.
Inpex's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.13.
Inpex Days Inventory Historical Data
The historical data trend for Inpex'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.
For the Oil & Gas E&P subindustry, Inpex'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.
Inpex's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Inpex's Days Inventory distribution charts can be found below:
* The bar in red indicates where Inpex's Days Inventory falls into.
Inpex Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Inpex's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Inpex (OTCPK:IPXHY) 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.
Inpex's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Inpex's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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
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.
Inpex Days Inventory Related Terms
Thank you for viewing the detailed overview of Inpex's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IPXHY has been successfully added to your 