Days Inventory is also known as Days Sales of Inventory (DSI). OMV AG's Average Total Inventories for the
three
months ended in Dec. 2023 was $4,060 Mil. OMV AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $8,514 Mil.
Hence, OMV AG's Days Inventory for the
three
months ended in Dec. 2023 was 43.51.
The historical rank and industry rank for OMV AG's Days Inventory or its related term are showing as below:
OMVJF'
s Days Inventory Range Over the Past 10 Years
Min: 25.91 Med: 35.35 Max: 55.6
Current: 47.35
During the past 13 years, OMV AG's highest Days Inventory was 55.60. The lowest was 25.91. And the median was 35.35.
OMVJF's Days Inventory is ranked worse than 65.48% of 730
companies
in the Oil & Gas industry
Industry Median: 31.555
vs OMVJF: 47.35
OMV AG's Days Inventory
increased
from Dec. 2022 (36.23) to Dec. 2023 (43.51).
It might indicate that OMV AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
OMV AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.10.
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.
OMV AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.37.
OMV AG Days Inventory Historical Data
The historical data trend for OMV AG'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.
For the Oil & Gas Integrated subindustry, OMV AG'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.
OMV AG's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, OMV AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where OMV AG's Days Inventory falls into.
OMV AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
OMV AG's Days Inventory for the fiscal year that 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.
OMV AG (OTCPK:OMVJF) 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.
OMV AG'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.
OMV AG'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.
OMV AG Days Inventory Related Terms
Thank you for viewing the detailed overview of OMV AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
OMV AG is an international, integrated oil and gas company that operates in the Exploration & Production, Refining & Marketing, and Chemicals & Materials segments. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. Exploration & Production (E&P) engages in the business of oil and gas exploration, development and production and focuses on the regions Central and Eastern Europe, North Sea, Middle East and Africa, and Asia-Pacific. The Refining & Marketing (R&M) Business Segment refines and markets crude and other feedstock. The Chemicals & Materials (C&M) Business Segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling.
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