Days Inventory is also known as Days Sales of Inventory (DSI). Star Group LP's Average Total Inventories for the
three
months ended in Dec. 2023 was $70 Mil. Star Group LP's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $387 Mil.
Hence, Star Group LP's Days Inventory for the
three
months ended in Dec. 2023 was 16.57.
The historical rank and industry rank for Star Group LP's Days Inventory or its related term are showing as below:
SGU'
s Days Inventory Range Over the Past 10 Years
Min: 14.74 Med: 17.05 Max: 23.3
Current: 19.73
During the past 13 years, Star Group LP's highest Days Inventory was 23.30. The lowest was 14.74. And the median was 17.05.
SGU's Days Inventory is ranked better than 63.79% of 729
companies
in the Oil & Gas industry
Industry Median: 31.63
vs SGU: 19.73
Star Group LP's Days Inventory
declined
from Dec. 2022 (17.73) to Dec. 2023 (16.57).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Star Group LP's Inventory Turnover for the
three
months ended in Dec. 2023 was 5.51.
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.
Star Group LP's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.13.
Star Group LP Days Inventory Historical Data
The historical data trend for Star Group LP'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.
Star Group LP Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
Days Inventory
17.02
20.44
19.32
16.99
16.87
Star Group LP Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
17.73
15.47
23.49
22.28
16.57
Competitive Comparison
For the Oil & Gas Refining & Marketing subindustry, Star Group LP'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.
Star Group LP Days Inventory Distribution
For the Oil & Gas industry and Energy sector, Star Group LP's Days Inventory distribution charts can be found below:
* The bar in red indicates where Star Group LP's Days Inventory falls into.
Star Group LP Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Star Group LP's Days Inventory for the fiscal year that ended in Sep. 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.
Star Group LP (NYSE:SGU) 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.
Star Group LP'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.
Star Group LP'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.
Star Group LP Days Inventory Related Terms
Thank you for viewing the detailed overview of Star Group LP's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Star Group LP (Star Group LP) Business Description
Star Group LP is a company engaged in providing home heating products and services to residential and commercial customers. It offers heating and air conditioning equipment, as well as home security and plumbing services. The company also sells diesel fuel, gasoline, and home heating oil. Geographically, the company operates in U.S.
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