Pembina Pipeline (Pembina Pipeline) Days Inventory

: 18.61 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Pembina Pipeline's Average Total Inventories for the three months ended in Dec. 2023 was $246 Mil. Pembina Pipeline's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,205 Mil. Hence, Pembina Pipeline's Days Inventory for the three months ended in Dec. 2023 was 18.61.

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

PBA' s Days Inventory Range Over the Past 10 Years
Min: 10.4 Med: 15.55 Max: 18.22
Current: 14.27

During the past 13 years, Pembina Pipeline's highest Days Inventory was 18.22. The lowest was 10.40. And the median was 15.55.

PBA's Days Inventory is ranked better than
71.06% of 729 companies
in the Oil & Gas industry
Industry Median: 31.63 vs PBA: 14.27

Pembina Pipeline's Days Inventory increased from Dec. 2022 (12.44) to Dec. 2023 (18.61). It might indicate that Pembina Pipeline's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pembina Pipeline's Inventory Turnover for the three months ended in Dec. 2023 was 4.90.

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. Pembina Pipeline's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.

Pembina Pipeline Days Inventory Historical Data

The historical data trend for Pembina Pipeline'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.

Pembina Pipeline Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

14.86

15.89

18.21

14.36

17.38

Pembina Pipeline Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																12.44	11.52	10.00	13.57	18.61

Competitive Comparison

For the Oil & Gas Midstream subindustry, Pembina Pipeline'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.

Pembina Pipeline Days Inventory Distribution

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

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

Pembina Pipeline Days Inventory Calculation

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

Pembina Pipeline'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
=	( (198.013	+	248.211)	/	2 )	/	4684.705	*	365
=	223.112					/	4684.705	*	365
=	17.38

Pembina Pipeline'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
=	( (243.145	+	248.211)	/	2 )	/	1204.532	*	365 / 4
=	245.678					/	1204.532	*	365 / 4
=	18.61

Pembina Pipeline (NYSE:PBA) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1204.532	/	245.678
	=	4.90

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	245.678	/	1838.104
	=	0.13

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.

Pembina Pipeline Days Inventory Related Terms

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

Pembina Pipeline (Pembina Pipeline) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pembina Pipeline Corp (NYSE:PBA) » Definitions » Days Inventory

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Address

585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1

Website

https://www.pembina.com

Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.