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Gibson Energy (Gibson Energy) Days Inventory : 7.43 (As of Dec. 2023)


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What is Gibson Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gibson Energy's Average Total Inventories for the three months ended in Dec. 2023 was $163 Mil. Gibson Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,997 Mil. Hence, Gibson Energy's Days Inventory for the three months ended in Dec. 2023 was 7.43.

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

GBNXF' s Days Inventory Range Over the Past 10 Years
Min: 6.03   Med: 9.08   Max: 12.46
Current: 8.01

During the past 13 years, Gibson Energy's highest Days Inventory was 12.46. The lowest was 6.03. And the median was 9.08.

GBNXF's Days Inventory is ranked better than
83.42% of 730 companies
in the Oil & Gas industry
Industry Median: 31.555 vs GBNXF: 8.01

Gibson Energy's Days Inventory declined from Dec. 2022 (8.90) to Dec. 2023 (7.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gibson Energy's Inventory Turnover for the three months ended in Dec. 2023 was 12.27.

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. Gibson Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.08.


Gibson Energy Days Inventory Historical Data

The historical data trend for Gibson 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.

Gibson Energy Days Inventory Chart

Gibson 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 5.99 12.30 11.50 9.33 8.81

Gibson 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 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 8.90 10.44 8.09 5.94 7.43

Competitive Comparison of Gibson Energy's Days Inventory

For the Oil & Gas Midstream subindustry, Gibson 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.


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

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

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



Gibson Energy Days Inventory Calculation

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

Gibson 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
=( (194.088 + 184.995) / 2 ) / 7849.856*365
=189.5415 / 7849.856*365
=8.81

Gibson 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
=( (140.477 + 184.995) / 2 ) / 1997.355*365 / 4
=162.736 / 1997.355*365 / 4
=7.43

* 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.


Gibson Energy  (OTCPK:GBNXF) 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.

Gibson Energy'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.

Gibson Energy'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.


Gibson Energy Days Inventory Related Terms

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


Gibson Energy (Gibson Energy) Business Description

Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.