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Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Days Inventory
56.32 (As of Jun. 2016)

Petroleo Brasileiro SA Petrobras's average inventory for the three months ended in Jun. 2016 was $8,529 Mil. Petroleo Brasileiro SA Petrobras's cost of goods sold for the three months ended in Jun. 2016 was $13,818 Mil. Hence, Petroleo Brasileiro SA Petrobras's days inventory for the three months ended in Jun. 2016 was 56.32.

PBR' s Days Inventory Range Over the Past 10 Years
Min: 37.24   Max: 78.96
Current: 52.17

37.24
78.96

During the past 13 years, Petroleo Brasileiro SA Petrobras's highest Days Inventory was 78.96. The lowest was 37.24. And the median was 47.45.

PBR's Days Inventory is ranked lower than
71% of the 66 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 39.34 vs. PBR: 52.17 )

Petroleo Brasileiro SA Petrobras's days inventory increased from Jun. 2015 (53.61) to Jun. 2016 (56.32). It might indicate that Petroleo Brasileiro SA Petrobras's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Petroleo Brasileiro SA Petrobras's days sales of inventory (DSI) for the three months ended in Jun. 2016 was 38.30.

Inventory turnover measures how fast the company turns over its inventory within a year. Petroleo Brasileiro SA Petrobras's inventory turnover for the three months ended in Jun. 2016 was 1.62.

Inventory to revenue ratio 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. Petroleo Brasileiro SA Petrobras's inventory to revenue ratio for the three months ended in Jun. 2016 was 0.42.


Definition

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

Petroleo Brasileiro SA Petrobras's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (11466 + 7441) / 2 ) / 67485*365
=9453.5 / 67485*365
=51.13

Petroleo Brasileiro SA Petrobras's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2016 ) + Inventory (Q: Jun. 2016 )) / 2 ) / COGS (Q: Jun. 2016 )*Days in Period
=( (8176 + 8882) / 2 ) / 13818*365 / 4
=8529 / 13818*365 / 4
=56.32

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Petroleo Brasileiro SA Petrobras's Days Sales of Inventory for the three months ended in Jun. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=8529/20320*365 / 4
=38.30

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Petroleo Brasileiro SA Petrobras's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

3. 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.

Petroleo Brasileiro SA Petrobras's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Petroleo Brasileiro SA Petrobras Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 53.9557.9343.1368.4454.2349.4350.0948.2642.8351.13

Petroleo Brasileiro SA Petrobras Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 51.5351.4646.1747.5653.8953.6152.6447.0856.4856.32
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