Gibson Energy (Gibson Energy) Total Inventories : $185 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Gibson Energy Total Inventories?

Gibson Energy's total inventories for the quarter that ended in Dec. 2023 was $185 Mil. Gibson Energy's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $163 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gibson Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-15.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gibson Energy's Days Inventory for the three months ended in Dec. 2023 was 7.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gibson Energy's Inventory Turnover for the quarter that ended in Dec. 2023 was 12.27.

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. Gibson Energy's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.08.

Gibson Energy Total Inventories Historical Data

The historical data trend for Gibson Energy's Total Inventories 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.

Gibson Energy Total Inventories Chart

Gibson Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

109.84

133.94

206.26

194.09

185.00

Gibson Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															194.09	177.07	158.88	140.48	185.00

Gibson Energy Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Gibson Energy (OTCPK:GBNXF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Gibson Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(107.154	+	0.75 * 450.251	+	0.5 * 184.995	-	3007.159
-	0	-	0)	/	161.66
=	-15.28

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

Gibson Energy's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	162.736	/	1997.355	*	365 / 4
	=	7.43

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

Gibson Energy's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	1997.355	/	162.736
	=	12.27

4. 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.

Gibson Energy's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	162.736	/	2094.166
	=	0.08

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Gibson Energy Total Inventories Related Terms

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

Gibson Energy (Gibson Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gibson Energy Inc (OTCPK:GBNXF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

8GB:Germany GEI:Canada

Address

440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9

Website

https://www.gibsonenergy.com

Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.