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INA-Industrija Nafte dd (FRA:I8E) Days Inventory : 53.52 (As of Mar. 2024)


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What is INA-Industrija Nafte dd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). INA-Industrija Nafte dd's Average Total Inventories for the three months ended in Mar. 2024 was €422 Mil. INA-Industrija Nafte dd's Cost of Goods Sold for the three months ended in Mar. 2024 was €719 Mil. Hence, INA-Industrija Nafte dd's Days Inventory for the three months ended in Mar. 2024 was 53.52.

The historical rank and industry rank for INA-Industrija Nafte dd's Days Inventory or its related term are showing as below:

FRA:I8E' s Days Inventory Range Over the Past 10 Years
Min: 31.11   Med: 45.08   Max: 53.22
Current: 44.15

During the past 13 years, INA-Industrija Nafte dd's highest Days Inventory was 53.22. The lowest was 31.11. And the median was 45.08.

FRA:I8E's Days Inventory is ranked worse than
62.65% of 731 companies
in the Oil & Gas industry
Industry Median: 31.81 vs FRA:I8E: 44.15

INA-Industrija Nafte dd's Days Inventory increased from Mar. 2023 (47.13) to Mar. 2024 (53.52). It might indicate that INA-Industrija Nafte dd's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. INA-Industrija Nafte dd's Inventory Turnover for the three months ended in Mar. 2024 was 1.70.

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. INA-Industrija Nafte dd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.52.


INA-Industrija Nafte dd Days Inventory Historical Data

The historical data trend for INA-Industrija Nafte dd'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.

INA-Industrija Nafte dd Days Inventory Chart

INA-Industrija Nafte dd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.60 53.17 35.98 31.11 40.79

INA-Industrija Nafte dd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 47.13 43.60 37.20 43.26 53.52

Competitive Comparison of INA-Industrija Nafte dd's Days Inventory

For the Oil & Gas E&P subindustry, INA-Industrija Nafte dd'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.


INA-Industrija Nafte dd's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, INA-Industrija Nafte dd's Days Inventory distribution charts can be found below:

* The bar in red indicates where INA-Industrija Nafte dd's Days Inventory falls into.



INA-Industrija Nafte dd Days Inventory Calculation

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

INA-Industrija Nafte dd's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (398.012 + 345.371) / 2 ) / 3325.65*365
=371.6915 / 3325.65*365
=40.79

INA-Industrija Nafte dd's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (345.371 + 498.5) / 2 ) / 719.4*365 / 4
=421.9355 / 719.4*365 / 4
=53.52

* 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.


INA-Industrija Nafte dd  (FRA:I8E) 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.

INA-Industrija Nafte dd's Inventory Turnover for the three months ended in Mar. 2024 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.

INA-Industrija Nafte dd's Inventory to Revenue for the three months ended in Mar. 2024 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.


INA-Industrija Nafte dd Days Inventory Related Terms

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


INA-Industrija Nafte dd (FRA:I8E) Business Description

Traded in Other Exchanges
Address
Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020
INA-Industrija Nafte dd is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.

INA-Industrija Nafte dd (FRA:I8E) Headlines

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