Berry (bry) (Berry (bry)) Days Inventory : 13.26 (As of Dec. 2023)

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What is Berry (bry) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Berry (bry)'s Average Total Inventories for the three months ended in Dec. 2023 was $20.8 Mil. Berry (bry)'s Cost of Goods Sold for the three months ended in Dec. 2023 was $142.9 Mil. Hence, Berry (bry)'s Days Inventory for the three months ended in Dec. 2023 was 13.26.

The historical rank and industry rank for Berry (bry)'s Days Inventory or its related term are showing as below:

BRY' s Days Inventory Range Over the Past 10 Years
Min: 7.45 Med: 10.81 Max: 15.54
Current: 10.06

During the past 8 years, Berry (bry)'s highest Days Inventory was 15.54. The lowest was 7.45. And the median was 10.81.

BRY's Days Inventory is ranked better than
79.04% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs BRY: 10.06

Berry (bry)'s Days Inventory increased from Dec. 2022 (7.01) to Dec. 2023 (13.26). It might indicate that Berry (bry)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Berry (bry)'s Inventory Turnover for the three months ended in Dec. 2023 was 6.88.

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. Berry (bry)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.10.

Berry (bry) Days Inventory Historical Data

The historical data trend for Berry (bry)'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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Berry (bry) Days Inventory Chart

Berry (bry) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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12.40

15.54

11.67

7.45

9.95

Berry (bry) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															7.01	5.89	10.90	12.53	13.26

Competitive Comparison of Berry (bry)'s Days Inventory

For the Oil & Gas E&P subindustry, Berry (bry)'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.

Berry (bry)'s Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Berry (bry)'s Days Inventory falls into.

Berry (bry) Days Inventory Calculation

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

Berry (bry)'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
=	( (13.012	+	21.119)	/	2 )	/	626.118	*	365
=	17.0655					/	626.118	*	365
=	9.95

Berry (bry)'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (20.415	+	21.119)	/	2 )	/	142.889	*	365 / 4
=	20.767					/	142.889	*	365 / 4
=	13.26

Berry (bry) (NAS:BRY) 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.

Berry (bry)'s Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	142.889	/	20.767
	=	6.88

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.

Berry (bry)'s Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.767	/	216.409
	=	0.10

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.

Berry (bry) Days Inventory Related Terms

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

Berry (bry) (Berry (bry)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Berry Corp (bry) (NAS:BRY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1P6:Germany

Address

16000 Dallas Parkway, Suite 500, Dallas, TX, USA, 75248

Website

https://www.bry.com

Berry Corp (bry) is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Its operating segment includes Exploration and Production (E&P) and Well Servicing and Abandonment. The company generates maximum revenue from the Exploration and Production (E&P) segment.

Executives

Danielle E. Hunter	officer: EVP, Gen Counsel & Corp Sec	3990 ROGERDALE RD., HOUSTON TX 77042
Arthur T. Smith	director, officer: See Remarks	5201 TRUXTUN AVE., BAKERSFIELD CA 93309
Rajath Shourie	director	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp	director, 10 percent owner	333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Value Opportunities Fund Gp, L.p.	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Benefit Street Partners Llc	director, 10 percent owner	9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Oaktree Capital Management Gp, Llc	10 percent owner	333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust	10 percent owner	181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Atlas Ocm Holdings, Llc	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Renee J Hornbaker	director	200 S. WILCOX DRIVE, KINGSPORT TN 37660-5280
Fernando Araujo	officer: EVP & Chief Operating Officer	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Kurt E. Neher	officer: EVP, Business Development	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Megan E. Silva	officer: EVP of Corporate Affairs	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Eugene Voiland	director	5201 TRUXTUN AVE., BAKERSFIELD CA 93309