Bounty Oil & Gas NL (FRA:BOB) Days Inventory

: 11.88 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Bounty Oil & Gas NL's Average Total Inventories for the six months ended in Dec. 2023 was €0.02 Mil. Bounty Oil & Gas NL's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.32 Mil. Hence, Bounty Oil & Gas NL's Days Inventory for the six months ended in Dec. 2023 was 11.88.

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

FRA:BOB' s Days Inventory Range Over the Past 10 Years
Min: 8.99 Med: 19.07 Max: 26.55
Current: 11.89

During the past 13 years, Bounty Oil & Gas NL's highest Days Inventory was 26.55. The lowest was 8.99. And the median was 19.07.

FRA:BOB's Days Inventory is ranked better than
76.13% of 729 companies
in the Oil & Gas industry
Industry Median: 31.63 vs FRA:BOB: 11.89

Bounty Oil & Gas NL's Days Inventory declined from Dec. 2022 (17.26) to Dec. 2023 (11.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bounty Oil & Gas NL's Inventory Turnover for the six months ended in Dec. 2023 was 15.37.

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. Bounty Oil & Gas NL's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

Bounty Oil & Gas NL Days Inventory Historical Data

The historical data trend for Bounty Oil & Gas NL'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.

Bounty Oil & Gas NL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

9.73

14.93

20.01

17.63

16.88

Bounty Oil & Gas NL 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																16.16	18.59	17.26	13.14	11.88

Competitive Comparison

For the Oil & Gas E&P subindustry, Bounty Oil & Gas NL'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.

Bounty Oil & Gas NL Days Inventory Distribution

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

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

Bounty Oil & Gas NL Days Inventory Calculation

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

Bounty Oil & Gas NL'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
=	( (0.037	+	0.027)	/	2 )	/	0.692	*	365
=	0.032					/	0.692	*	365
=	16.88

Bounty Oil & Gas NL'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
=	( (0.027	+	0.014)	/	2 )	/	0.315	*	365 / 2
=	0.0205					/	0.315	*	365 / 2
=	11.88

Bounty Oil & Gas NL (FRA:BOB) 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.

Bounty Oil & Gas NL's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.315	/	0.0205
	=	15.37

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.

Bounty Oil & Gas NL's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0205	/	0.514
	=	0.04

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.

Bounty Oil & Gas NL Days Inventory Related Terms

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

Bounty Oil & Gas NL (FRA:BOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bounty Oil & Gas NL (FRA:BOB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BYOGF:USA BUY:Australia

Address

Level 7, 283 George Street, Sydney, NSW, AUS, 2000

Website

https://www.bountyoil.com

Bounty Oil & Gas NL is an oil and gas production, exploration, and development company in Australia. It has two reportable segments namely Oil and Gas and Investment in listed shares and securities.. The company projects include Carnarvon Basin, Cooper/Eromanga Basin, Southern Surat, and Others. It generates maximum revenue from the Oil and Gas segment. Geographically, it derives the majority of its revenue from Australia segment.

Bounty Oil & Gas NL (FRA:BOB) Headlines

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