Days Inventory is also known as Days Sales of Inventory (DSI). Kosmos Energy's Average Total Inventories for the
three
months ended in Dec. 2023 was $154 Mil. Kosmos Energy's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $217 Mil.
Hence, Kosmos Energy's Days Inventory for the
three
months ended in Dec. 2023 was 64.53.
The historical rank and industry rank for Kosmos Energy's Days Inventory or its related term are showing as below:
KOS'
s Days Inventory Range Over the Past 10 Years
Min: 37.62 Med: 62.66 Max: 112.09
Current: 69.58
During the past 13 years, Kosmos Energy's highest Days Inventory was 112.09. The lowest was 37.62. And the median was 62.66.
KOS's Days Inventory is ranked worse than 77.26% of 730
companies
in the Oil & Gas industry
Industry Median: 31.41
vs KOS: 69.58
Kosmos Energy's Days Inventory
increased
from Dec. 2022 (54.61) to Dec. 2023 (64.53).
It might indicate that Kosmos Energy's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kosmos Energy's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.41.
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.
Kosmos Energy's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.30.
Kosmos Energy Days Inventory Historical Data
The historical data trend for Kosmos Energy'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.
Competitive Comparison of Kosmos Energy's Days Inventory
For the Oil & Gas E&P subindustry, Kosmos Energy'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.
Kosmos Energy's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kosmos Energy's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kosmos Energy's Days Inventory falls into.
Kosmos Energy Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kosmos Energy's Days Inventory for the fiscal year that 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.
Kosmos Energy (NYSE:KOS) 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.
Kosmos Energy'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.
Kosmos Energy'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.
Kosmos Energy Days Inventory Related Terms
Thank you for viewing the detailed overview of Kosmos Energy's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Kosmos Energy (Kosmos Energy) Business Description
Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.
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