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Days Inventory is also known as Days Sales of Inventory (DSI). Star Group LP's Average Total Inventories for the three months ended in Dec. 2023 was $70 Mil. Star Group LP's Cost of Goods Sold for the three months ended in Dec. 2023 was $387 Mil. Hence, Star Group LP's Days Inventory for the three months ended in Dec. 2023 was 16.57.
The historical rank and industry rank for Star Group LP's Days Inventory or its related term are showing as below:
During the past 13 years, Star Group LP's highest Days Inventory was 23.30. The lowest was 14.74. And the median was 17.05.
Star Group LP's Days Inventory declined from Dec. 2022 (17.73) to Dec. 2023 (16.57).
Inventory Turnover measures how fast the company turns over its inventory within a year. Star Group LP's Inventory Turnover for the three months ended in Dec. 2023 was 5.51.
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. Star Group LP's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.
The historical data trend for Star Group LP'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.
Star Group LP Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 17.02 | 20.44 | 19.32 | 16.99 | 16.87 |
Star Group LP 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 | 17.73 | 15.47 | 23.49 | 22.28 | 16.57 |
For the Oil & Gas Refining & Marketing subindustry, Star Group LP'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.
For the Oil & Gas industry and Energy sector, Star Group LP's Days Inventory distribution charts can be found below:
* The bar in red indicates where Star Group LP's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Star Group LP's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as
Days Inventory (A: Sep. 2023 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Sep. 2022 ) | + | Total Inventories (A: Sep. 2023 )) | / | count ) | / | Cost of Goods Sold (A: Sep. 2023 ) | * | Days in Period |
= | ( (83.557 | + | 56.463) | / | 2 ) | / | 1514.461 | * | 365 |
= | 70.01 | / | 1514.461 | * | 365 | ||||
= | 16.87 |
Star Group LP'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 |
= | ( (56.463 | + | 84.033) | / | 2 ) | / | 386.831 | * | 365 / 4 |
= | 70.248 | / | 386.831 | * | 365 / 4 | ||||
= | 16.57 |
* 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.
Star Group LP (NYSE:SGU) 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.
Star Group LP's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 386.831 | / | 70.248 | |
= | 5.51 |
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.
Star Group LP's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 70.248 | / | 528.096 | |
= | 0.13 |
* 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.
Thank you for viewing the detailed overview of Star Group LP's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Bandera Partners Llc | 10 percent owner | 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004 |
Jeffrey M Woosnam | director, officer: CEO and President | 9 W. BROAD ST., STE. 310, STAMFORD CT 06902 |
Richard Ambury | officer: CFO | 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902 |
Daniel P. Donovan | director | C/O STAR GAS PARTNERS, L.P., 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902 |
Vermylen Paul A Jr | director | C/O STAR GAS PARTNERS, L.P., 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902 |
Joseph R Mcdonald | officer: Chief Customer Officer | 9 W. BROAD ST., STE. 310, STAMFORD CT 06902 |
Jeffrey S Hammond | officer: Chief Operating Officer | 9 W BROAD ST STE 310, STAMFORD CT 06902 |
Henry D Babcock | director | 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902 |
Steven Jay Goldman | director, officer: President and CEO | C/O STAR GAS PARTNERS, L.P., 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902 |
David Michael Bauer | director | 833 E. MICHIGAN ST, SUITE 1500, MILWAUKEE WI 53202 |
Yorktown Vi Associates Llc | 10 percent owner | 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022 |
Kestrel Energy Partners Llc | 10 percent owner | 2 COUNT RUMFORD LANE, HUNTINGTON NY 11743 |
Sheldon B Lubar | director | C/O C2 INC, 700 NORTH WATER ST SUITE 1200, MILWAUKEE WI 53202 |
Yorktown Energy Partners Vi Lp | 10 percent owner | 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022 |
Bryan H Lawrence | director | C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201 |
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