SNGN Romgaz (LSE:SNGR) Days Inventory : 104.72 (As of Sep. 2023)

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What is SNGN Romgaz Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SNGN Romgaz's Average Total Inventories for the three months ended in Sep. 2023 was $57 Mil. SNGN Romgaz's Cost of Goods Sold for the three months ended in Sep. 2023 was $50 Mil. Hence, SNGN Romgaz's Days Inventory for the three months ended in Sep. 2023 was 104.72.

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

LSE:SNGR' s Days Inventory Range Over the Past 10 Years
Min: 85.73 Med: 142.12 Max: 311.27
Current: 89.94

During the past 13 years, SNGN Romgaz's highest Days Inventory was 311.27. The lowest was 85.73. And the median was 142.12.

LSE:SNGR's Days Inventory is ranked worse than
83.79% of 728 companies
in the Oil & Gas industry
Industry Median: 31.185 vs LSE:SNGR: 89.94

SNGN Romgaz's Days Inventory increased from Sep. 2022 (84.28) to Sep. 2023 (104.72). It might indicate that SNGN Romgaz's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SNGN Romgaz's Inventory Turnover for the three months ended in Sep. 2023 was 0.87.

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. SNGN Romgaz's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.14.

SNGN Romgaz Days Inventory Historical Data

The historical data trend for SNGN Romgaz'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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SNGN Romgaz Days Inventory Chart

SNGN Romgaz Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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100.50

119.54

135.14

85.73

96.14

SNGN Romgaz Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															84.28	69.04	93.48	99.11	104.72

Competitive Comparison of SNGN Romgaz's Days Inventory

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.

SNGN Romgaz's Days Inventory Distribution in the Oil & Gas Industry

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

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

SNGN Romgaz Days Inventory Calculation

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

SNGN Romgaz'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
=	( (66.68	+	62.041)	/	2 )	/	244.359	*	365
=	64.3605					/	244.359	*	365
=	96.14

SNGN Romgaz's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (54.785	+	59.85)	/	2 )	/	49.945	*	365 / 4
=	57.3175					/	49.945	*	365 / 4
=	104.72

SNGN Romgaz (LSE:SNGR) 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.

SNGN Romgaz's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	49.945	/	57.3175
	=	0.87

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.

SNGN Romgaz's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	57.3175	/	417.884
	=	0.14

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.

SNGN Romgaz Days Inventory Related Terms

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

SNGN Romgaz (LSE:SNGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SNGN Romgaz SA (LSE:SNGR) » Definitions » Days Inventory

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SNG:Romania RZ8G:Germany

Address

4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130

Website

https://www.romgaz.ro

SNGN Romgaz SA acts as a natural gas producer and the main supplier in Romania. It holds interests in nearly 8 onshore exploration blocks located across Transylvania, Moldova, Oltenia, and Muntenia basins. The company operates through seven segments: Natural gas exploration & production, UGS activity, Natural gas supply, Special operations & services, Maintenance & transportation services, Electricity generation & supply, and Natural gas supply.

SNGN Romgaz (LSE:SNGR) Headlines

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