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BW Offshore (OSL:BWO) Days Inventory : 7.47 (As of Dec. 2023)


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What is BW Offshore Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BW Offshore's Average Total Inventories for the six months ended in Dec. 2023 was kr40 Mil. BW Offshore's Cost of Goods Sold for the six months ended in Dec. 2023 was kr978 Mil. Hence, BW Offshore's Days Inventory for the six months ended in Dec. 2023 was 7.47.

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

OSL:BWO' s Days Inventory Range Over the Past 10 Years
Min: 3.2   Med: 22.02   Max: 63.86
Current: 8.91

During the past 13 years, BW Offshore's highest Days Inventory was 63.86. The lowest was 3.20. And the median was 22.02.

OSL:BWO's Days Inventory is ranked better than
81.23% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs OSL:BWO: 8.91

BW Offshore's Days Inventory declined from Dec. 2022 (23.01) to Dec. 2023 (7.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. BW Offshore's Inventory Turnover for the six months ended in Dec. 2023 was 24.43.

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. BW Offshore's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


BW Offshore Days Inventory Historical Data

The historical data trend for BW Offshore'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.

BW Offshore Days Inventory Chart

BW Offshore 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 63.34 63.86 39.98 26.28 9.72

BW Offshore Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 37.04 36.76 23.01 9.59 7.47

Competitive Comparison of BW Offshore's Days Inventory

For the Oil & Gas Equipment & Services subindustry, BW Offshore'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.


BW Offshore's Days Inventory Distribution in the Oil & Gas Industry

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

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



BW Offshore Days Inventory Calculation

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

BW Offshore'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
=( (66.197 + 39.033) / 2 ) / 1974.847*365
=52.615 / 1974.847*365
=9.72

BW Offshore's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (41.026 + 39.033) / 2 ) / 977.929*365 / 2
=40.0295 / 977.929*365 / 2
=7.47

* 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.


BW Offshore  (OSL:BWO) 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.

BW Offshore's Inventory Turnover for the six months ended in Dec. 2023 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.

BW Offshore's Inventory to Revenue for the six months ended in Dec. 2023 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.


BW Offshore Days Inventory Related Terms

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


BW Offshore (OSL:BWO) Business Description

Traded in Other Exchanges
Address
22 Church Street, 4th Floor, Suite 400, Washington Mall Phase 2, Hamilton, BMU, HM1189
BW Offshore Ltd is a holding company. It is engaged in developing, owning and operating oil and gas Floating Production, Storage and Offloading vessels (FPSO) and Floating, Storage and Offloading (FSO) vessels. The company's main activities are engineering, procurement, construction and installation, as well as lease and operation services for FPSOs. The operating segment of company FPSO and Floating wind.

BW Offshore (OSL:BWO) Headlines

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