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Husky Energy (Husky Energy) Days Inventory : 8.89 (As of Sep. 2020)


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What is Husky Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Husky Energy's Average Total Inventories for the three months ended in Sep. 2020 was $804 Mil. Husky Energy's Cost of Goods Sold for the three months ended in Sep. 2020 was $8,260 Mil. Hence, Husky Energy's Days Inventory for the three months ended in Sep. 2020 was 8.89.

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

HUSKF' s Days Inventory Range Over the Past 10 Years
Min: 16.94   Med: 36.62   Max: 49.14
Current: 16.94

During the past 13 years, Husky Energy's highest Days Inventory was 49.14. The lowest was 16.94. And the median was 36.62.

HUSKF's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.41 vs HUSKF: 16.94

Husky Energy's Days Inventory declined from Sep. 2019 (31.89) to Sep. 2020 (8.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Husky Energy's Inventory Turnover for the three months ended in Sep. 2020 was 10.27.

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. Husky Energy's Inventory-to-Revenue for the three months ended in Sep. 2020 was 0.31.


Husky Energy Days Inventory Historical Data

The historical data trend for Husky 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.

Husky Energy Days Inventory Chart

Husky Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.09 48.54 36.32 29.01 26.01

Husky Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 31.89 19.15 19.58 39.91 8.89

Competitive Comparison of Husky Energy's Days Inventory

For the Oil & Gas Integrated subindustry, Husky 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.


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

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

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



Husky Energy Days Inventory Calculation

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

Husky Energy's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (916.94 + 1128.408) / 2 ) / 14349.609*365
=1022.674 / 14349.609*365
=26.01

Husky Energy's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (733.471 + 875.283) / 2 ) / 8260.015*365 / 4
=804.377 / 8260.015*365 / 4
=8.89

* 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.


Husky Energy  (OTCPK:HUSKF) 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.

Husky Energy's Inventory Turnover for the three months ended in Sep. 2020 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.

Husky Energy's Inventory to Revenue for the three months ended in Sep. 2020 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.


Husky Energy Days Inventory Related Terms

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


Husky Energy (Husky Energy) Business Description

Traded in Other Exchanges
N/A
Address
707, 8th Avenue S.W, PO Box 6525, Station D, Calgary, AB, CAN, T2P 1H5
Husky Energy is one of Canada's largest integrated energy companies, operating in western Canada, the United States, and the Asia-Pacific and Atlantic regions. The upstream portfolio includes light and medium crude, heavy crude, bitumen, natural gas liquids, and natural gas. Husky's heavy oil and oil sands production are supported by two integrated downstream and midstream value chains. Production averaged 290,000 barrels of oil equivalent per day in 2019, and Husky estimates that it holds approximately 2.1 billion boe of proven and probable crude oil and natural gas reserves.

Husky Energy (Husky Energy) Headlines

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