Days Inventory is also known as Days Sales of Inventory (DSI). Oil Search's Average Total Inventories for the
six
months ended in Jun. 2021 was $130 Mil. Oil Search's Cost of Goods Sold for the
six
months ended in Jun. 2021 was $164 Mil.
Hence, Oil Search's Days Inventory for the
six
months ended in Jun. 2021 was 143.88.
The historical rank and industry rank for Oil Search's Days Inventory or its related term are showing as below:
OISHF'
s Days Inventory Range Over the Past 10 Years
Min: 79.77 Med: 135.78 Max: 258.54
Current: 142.55
During the past 13 years, Oil Search's highest Days Inventory was 258.54. The lowest was 79.77. And the median was 135.78.
OISHF's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.5
vs OISHF: 142.55
Oil Search's Days Inventory
increased
from Jun. 2020 (133.82) to Jun. 2021 (143.88).
It might indicate that Oil Search'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.
Oil Search's Inventory Turnover for the
six
months ended in Jun. 2021 was 1.27.
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.
Oil Search's Inventory-to-Revenue for the
six
months ended in Jun. 2021 was 0.20.
Oil Search Days Inventory Historical Data
The historical data trend for Oil Search'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.
Competitive Comparison of Oil Search's Days Inventory
For the Oil & Gas E&P subindustry, Oil Search'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.
Oil Search's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil Search's Days Inventory distribution charts can be found below:
* The bar in red indicates where Oil Search's Days Inventory falls into.
Oil Search Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Oil Search's Days Inventory for the fiscal year that ended in Dec. 2020 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.
Oil Search (OTCPK:OISHF) 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.
Oil Search's Inventory Turnover for the
six
months ended in Jun. 2021 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.
Oil Search's Inventory to Revenue for the
six
months ended in Jun. 2021 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.
Oil Search Days Inventory Related Terms
Thank you for viewing the detailed overview of Oil Search's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Oil Search was founded in 1929 and operates all of Papua New Guinea's oilfields. The PNG government holds a 10% interest. Oil Search had successfully run PNG oilfields since assuming operatorship from ExxonMobil in 2003. However, the tyranny of distance saw the large and high-quality gas fields largely stranded until 2014. The PNG LNG project is the first step to monetise those vast gas resources, again under the direction of ExxonMobil. First-stage construction is complete, with potential for expansion from two trains to five.
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