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Andeavor (BSP:ANDV34) Days Inventory : 29.79 (As of Jun. 2018)


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What is Andeavor Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Andeavor's Average Total Inventories for the three months ended in Jun. 2018 was R$12,600 Mil. Andeavor's Cost of Goods Sold for the three months ended in Jun. 2018 was R$38,596 Mil. Hence, Andeavor's Days Inventory for the three months ended in Jun. 2018 was 29.79.

The historical rank and industry rank for Andeavor's Days Inventory or its related term are showing as below:

BSP:ANDV34's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.45
* Ranked among companies with meaningful Days Inventory only.

Andeavor's Days Inventory declined from Jun. 2017 (39.51) to Jun. 2018 (29.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Andeavor's Inventory Turnover for the three months ended in Jun. 2018 was 3.06.

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. Andeavor's Inventory-to-Revenue for the three months ended in Jun. 2018 was 0.27.


Andeavor Days Inventory Historical Data

The historical data trend for Andeavor'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.

Andeavor Days Inventory Chart

Andeavor Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.07 24.15 32.51 50.15 40.48

Andeavor Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.51 42.51 36.32 37.80 29.79

Competitive Comparison of Andeavor's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Andeavor'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.


Andeavor's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Andeavor's Days Inventory distribution charts can be found below:

* The bar in red indicates where Andeavor's Days Inventory falls into.



Andeavor Days Inventory Calculation

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

Andeavor's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (8854.56 + 11960.85) / 2 ) / 93841.6*365
=10407.705 / 93841.6*365
=40.48

Andeavor's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

Days Inventory (Q: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (11424.036 + 13775.463) / 2 ) / 38596.185*365 / 4
=12599.7495 / 38596.185*365 / 4
=29.79

* 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.


Andeavor  (BSP:ANDV34) 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.

Andeavor's Inventory Turnover for the three months ended in Jun. 2018 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.

Andeavor's Inventory to Revenue for the three months ended in Jun. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=12599.7495 / 47031.912
=0.27

* 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.


Andeavor Days Inventory Related Terms

Thank you for viewing the detailed overview of Andeavor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Andeavor (BSP:ANDV34) Business Description

Traded in Other Exchanges
N/A
Address
Andeavor is engaged in the refining and retail marketing of refined petroleum products. The company operates 10 refineries with a total crude oil capacity of 1.2 million barrels per day after the acquisition of Western Refining in 2017. Andeavor also operates 3,200 retail fuel outlets in the Midwest and western United States. It holds a 59% interest in Andeavor Logistics Partners.

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