Victoria Oil & Gas (Victoria Oil & Gas) Days Inventory : 1.01 (As of Jun. 2021)

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What is Victoria Oil & Gas Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Victoria Oil & Gas's Average Total Inventories for the six months ended in Jun. 2021 was $0.01 Mil. Victoria Oil & Gas's Cost of Goods Sold for the six months ended in Jun. 2021 was $1.53 Mil. Hence, Victoria Oil & Gas's Days Inventory for the six months ended in Jun. 2021 was 1.01.

The historical rank and industry rank for Victoria Oil & Gas's Days Inventory or its related term are showing as below:

VCOGF's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 31.94
* Ranked among companies with meaningful Days Inventory only.

Victoria Oil & Gas's Days Inventory increased from Jun. 2020 (0.89) to Jun. 2021 (1.01). It might indicate that Victoria Oil & Gas's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Victoria Oil & Gas's Inventory Turnover for the six months ended in Jun. 2021 was 180.12.

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. Victoria Oil & Gas's Inventory-to-Revenue for the six months ended in Jun. 2021 was 0.00.

Victoria Oil & Gas Days Inventory Historical Data

The historical data trend for Victoria Oil & Gas'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.

Victoria Oil & Gas Days Inventory Chart

Victoria Oil & Gas Annual Data

Trend

May11

May12

May13

May14

May15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Inventory

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0.22

0.29

0.70

0.29

1.02

Victoria Oil & Gas Semi-Annual Data
	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Days Inventory	Get a 7-Day Free Trial															0.65	0.18	0.89	0.57	1.01

Competitive Comparison of Victoria Oil & Gas's Days Inventory

For the Oil & Gas Integrated subindustry, Victoria Oil & Gas'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.

Victoria Oil & Gas's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Victoria Oil & Gas's Days Inventory falls into.

Victoria Oil & Gas Days Inventory Calculation

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

Victoria Oil & Gas's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2019 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (0.012	+	0.008)	/	2 )	/	3.574	*	365
=	0.01					/	3.574	*	365
=	1.02

Victoria Oil & Gas's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

	Days Inventory (Q: Jun. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (0.008	+	0.009)	/	2 )	/	1.531	*	365 / 2
=	0.0085					/	1.531	*	365 / 2
=	1.01

Victoria Oil & Gas (OTCPK:VCOGF) 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.

Victoria Oil & Gas's Inventory Turnover for the six months ended in Jun. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.531	/	0.0085
	=	180.12

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.

Victoria Oil & Gas's Inventory to Revenue for the six months ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0085	/	7.148
	=	0.00

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.

Victoria Oil & Gas Days Inventory Related Terms

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

Victoria Oil & Gas (Victoria Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Victoria Oil & Gas PLC (OTCPK:VCOGF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY

Website

http://www.victoriaoilandgas.com

Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

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