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Meghna Petroleum (DHA:MPETROLEUM) Days Inventory : 0.00 (As of Dec. 2023)


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What is Meghna Petroleum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meghna Petroleum's Average Total Inventories for the three months ended in Dec. 2023 was BDT12,848 Mil. Meghna Petroleum's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT0 Mil.

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

DHA:MPETROLEUM' s Days Inventory Range Over the Past 10 Years
Min: 13.99   Med: 24.9   Max: 76.47
Current: 76.47

During the past 13 years, Meghna Petroleum's highest Days Inventory was 76.47. The lowest was 13.99. And the median was 24.90.

DHA:MPETROLEUM's Days Inventory is ranked worse than
79.04% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs DHA:MPETROLEUM: 76.47

Meghna Petroleum's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Meghna Petroleum's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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. Meghna Petroleum's Inventory-to-Revenue for the three months ended in Dec. 2023 was 23.19.


Meghna Petroleum Days Inventory Historical Data

The historical data trend for Meghna Petroleum'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.

Meghna Petroleum Days Inventory Chart

Meghna Petroleum Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.63 34.56 29.89 19.64 13.99

Meghna Petroleum 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 - - - 17.19 -

Competitive Comparison of Meghna Petroleum's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum'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.


Meghna Petroleum's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Meghna Petroleum's Days Inventory falls into.



Meghna Petroleum Days Inventory Calculation

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

Meghna Petroleum's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (9758.4 + 14854.853) / 2 ) / 321039.245*365
=12306.6265 / 321039.245*365
=13.99

Meghna Petroleum'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
=( (13667.482 + 12028.197) / 2 ) / 0*365 / 4
=12847.8395 / 0*365 / 4
=N/A

* 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.


Meghna Petroleum  (DHA:MPETROLEUM) 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.

Meghna Petroleum'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.

Meghna Petroleum's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=12847.8395 / 553.972
=23.19

* 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.


Meghna Petroleum Days Inventory Related Terms

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


Meghna Petroleum (DHA:MPETROLEUM) Business Description

Traded in Other Exchanges
N/A
Address
58-59 Agrabad Commercial Area, Chittagong, BGD, 4100
Meghna Petroleum Ltd is engaged in the business of petroleum oil and its related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments- petroleum products and lubricants oil and grease.

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