Savannah Energy (LSE:SAVE) Days Inventory : 124.96 (As of Jun. 2023)

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What is Savannah Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Savannah Energy's Average Total Inventories for the six months ended in Jun. 2023 was £19.2 Mil. Savannah Energy's Cost of Goods Sold for the six months ended in Jun. 2023 was £28.1 Mil. Hence, Savannah Energy's Days Inventory for the six months ended in Jun. 2023 was 124.96.

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

LSE:SAVE' s Days Inventory Range Over the Past 10 Years
Min: 17.73 Med: 65.1 Max: 127.43
Current: 86.54

During the past 9 years, Savannah Energy's highest Days Inventory was 127.43. The lowest was 17.73. And the median was 65.10.

LSE:SAVE's Days Inventory is ranked worse than
82.14% of 728 companies
in the Oil & Gas industry
Industry Median: 31.3 vs LSE:SAVE: 86.54

Savannah Energy's Days Inventory increased from Jun. 2022 (24.29) to Jun. 2023 (124.96). It might indicate that Savannah Energy's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Savannah Energy's Inventory Turnover for the six months ended in Jun. 2023 was 1.46.

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. Savannah Energy's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.20.

Savannah Energy Days Inventory Historical Data

The historical data trend for Savannah Energy'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.

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Savannah Energy Days Inventory Chart

Savannah Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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127.43

17.73

18.97

111.23

Savannah Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial														17.69	21.65	24.29	106.75	124.96

Competitive Comparison of Savannah Energy's Days Inventory

For the Oil & Gas E&P subindustry, Savannah Energy'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.

Savannah Energy's Days Inventory Distribution in the Oil & Gas Industry

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

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

Savannah Energy Days Inventory Calculation

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

Savannah Energy's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.912	+	33.147)	/	2 )	/	59.161	*	365
=	18.0295					/	59.161	*	365
=	111.23

Savannah Energy's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (33.147	+	5.318)	/	2 )	/	28.088	*	365 / 2
=	19.2325					/	28.088	*	365 / 2
=	124.96

Savannah Energy (LSE:SAVE) 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.

Savannah Energy's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.088	/	19.2325
	=	1.46

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.

Savannah Energy's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.2325	/	97.993
	=	0.20

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.

Savannah Energy Days Inventory Related Terms

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

Savannah Energy (LSE:SAVE) Business Description

Industry

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Traded in Other Exchanges

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Address

40 Bank Street, London, GBR, E14 5NR

Website

https://www.savannah-energy.com

Savannah Energy PLC is an energy producer in Nigeria and, via its controlling interest in the Accugas midstream business. It currently provides gas to power stations accounting for over 10% of Nigeria's power generation capacity and operates privately-owned gas transportation and distribution systems in sub-Saharan Africa. In Niger, it is focused on developing its flagship assets in the prolific Agadem Rift Basin, with plans to deliver the first oil in the near term. Its geographical segments are Nigeria, Cameroon, and Niger. It generates the majority of its revenue from Nigeria.