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Condor Energies (Condor Energies) Days Inventory : 6.22 (As of Dec. 2023)


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What is Condor Energies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Condor Energies's Average Total Inventories for the three months ended in Dec. 2023 was $0.05 Mil. Condor Energies's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.68 Mil. Hence, Condor Energies's Days Inventory for the three months ended in Dec. 2023 was 6.22.

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

CNPRF' s Days Inventory Range Over the Past 10 Years
Min: 9.83   Med: 21.53   Max: 246.91
Current: 10.62

During the past 13 years, Condor Energies's highest Days Inventory was 246.91. The lowest was 9.83. And the median was 21.53.

CNPRF's Days Inventory is ranked better than
78.36% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs CNPRF: 10.62

Condor Energies's Days Inventory declined from Dec. 2022 (15.21) to Dec. 2023 (6.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Condor Energies's Inventory Turnover for the three months ended in Dec. 2023 was 14.67.

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. Condor Energies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.21.


Condor Energies Days Inventory Historical Data

The historical data trend for Condor Energies'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.

Condor Energies Days Inventory Chart

Condor Energies 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 18.52 9.66 24.32 13.44 10.46

Condor Energies 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 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 15.21 14.97 10.05 16.32 6.22

Competitive Comparison of Condor Energies's Days Inventory

For the Oil & Gas E&P subindustry, Condor Energies'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.


Condor Energies's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Condor Energies's Days Inventory falls into.



Condor Energies Days Inventory Calculation

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

Condor Energies'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
=( (0.062 + 0.044) / 2 ) / 1.849*365
=0.053 / 1.849*365
=10.46

Condor Energies'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
=( (0.048 + 0.044) / 2 ) / 0.675*365 / 4
=0.046 / 0.675*365 / 4
=6.22

* 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.


Condor Energies  (OTCPK:CNPRF) 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.

Condor Energies's Inventory Turnover for the three 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.

Condor Energies's Inventory to Revenue for the three 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.


Condor Energies Days Inventory Related Terms

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


Condor Energies (Condor Energies) Business Description

Traded in Other Exchanges
Address
521-3rd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 3T3
Condor Energies Inc is an internationally-focused, publicly traded energy company with conventional natural gas and natural gas liquids (condensate) production and sales in Turkey and other energy related initiatives in Central Asia. The company operates in Kazakhstan, and Uzbekistan.

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