Days Inventory is also known as Days Sales of Inventory (DSI). Petrofac's Average Total Inventories for the
six
months ended in Jun. 2023 was $15 Mil. Petrofac's Cost of Goods Sold for the
six
months ended in Jun. 2023 was $1,201 Mil.
Hence, Petrofac's Days Inventory for the
six
months ended in Jun. 2023 was 2.20.
The historical rank and industry rank for Petrofac's Days Inventory or its related term are showing as below:
POFCY'
s Days Inventory Range Over the Past 10 Years
Min: 0.56 Med: 1.16 Max: 2.6
Current: 2.2
During the past 13 years, Petrofac's highest Days Inventory was 2.60. The lowest was 0.56. And the median was 1.16.
POFCY's Days Inventory is ranked better than 94.66% of 730
companies
in the Oil & Gas industry
Industry Median: 31.41
vs POFCY: 2.20
Petrofac's Days Inventory
declined
from Jun. 2022 (3.42) to Jun. 2023 (2.20).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Petrofac's Inventory Turnover for the
six
months ended in Jun. 2023 was 82.83.
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.
Petrofac's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.01.
Petrofac Days Inventory Historical Data
The historical data trend for Petrofac'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.
Competitive Comparison of Petrofac's Days Inventory
For the Oil & Gas Equipment & Services subindustry, Petrofac'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.
Petrofac's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petrofac's Days Inventory distribution charts can be found below:
* The bar in red indicates where Petrofac's Days Inventory falls into.
Petrofac Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Petrofac's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Petrofac (OTCPK:POFCY) 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.
Petrofac'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.
Petrofac'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.
Petrofac Days Inventory Related Terms
Thank you for viewing the detailed overview of Petrofac's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated energy services. It derives the majority of the revenue from Engineering and Construction which provides fixed-price engineering, procurement and construction project execution services and reimbursable engineering, procurement and construction management services to the onshore and offshore oil and gas industry. The company operates worldwide and generates most of its revenue from the United kingdom.
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