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Buru Energy (Buru Energy) Days Inventory : 0.00 (As of Jun. 2023)


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What is Buru Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Buru Energy's Average Total Inventories for the six months ended in Jun. 2023 was $1.50 Mil. Buru Energy's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.00 Mil.

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

BRNGF' s Days Inventory Range Over the Past 10 Years
Min: 70.82   Med: 156.41   Max: 1005.01
Current: 70.82

During the past 13 years, Buru Energy's highest Days Inventory was 1005.01. The lowest was 70.82. And the median was 156.41.

BRNGF's Days Inventory is ranked worse than
77.67% of 730 companies
in the Oil & Gas industry
Industry Median: 31.555 vs BRNGF: 70.82

Buru Energy's Days Inventory declined from Jun. 2022 (94.70) to Jun. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Buru Energy's Inventory Turnover for the six months ended in Jun. 2023 was 0.00.

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.


Buru Energy Days Inventory Historical Data

The historical data trend for Buru 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.

Buru Energy Days Inventory Chart

Buru Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.29 118.09 140.72 79.33 71.23

Buru Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory 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 120.89 94.70 68.01 - -

Competitive Comparison of Buru Energy's Days Inventory

For the Oil & Gas E&P subindustry, Buru 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.


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

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

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



Buru Energy Days Inventory Calculation

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

Buru 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
=( (0.893 + 0.29) / 2 ) / 3.031*365
=0.5915 / 3.031*365
=71.23

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

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0.893 + 2.109) / 2 ) / 0*365 / 2
=1.501 / 0*365 / 2
=N/A

* 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.


Buru Energy  (OTCPK:BRNGF) 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.

Buru Energy's Inventory Turnover for the six months ended in Jun. 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.

Buru Energy's Inventory to Revenue for the six months ended in Jun. 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.


Buru Energy Days Inventory Related Terms

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


Buru Energy (Buru Energy) Business Description

Traded in Other Exchanges
Address
16 Ord Street, Level 2, West Perth, WA, AUS, 6005
Buru Energy Ltd is engaged in oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The group is divided into two reportable segments: Oil Production segment which includes development and production of the Ungani Oilfield. Exploration segment, the exploration program is focused on prospects along the Ungani oil trend, the Yulleroo area where gas resources have been identified in the Laurel Formation, the Lennard Shelf area including the shut-in Blina and Sundown Oilfields. The other segment is the Energy Transition segment.

Buru Energy (Buru Energy) Headlines

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