Days Inventory is also known as Days Sales of Inventory (DSI). National Gas CoOG's Average Total Inventories for the
three
months ended in Sep. 2023 was ر.ع1.79 Mil. National Gas CoOG's Cost of Goods Sold for the
three
months ended in Sep. 2023 was ر.ع14.86 Mil.
Hence, National Gas CoOG's Days Inventory for the
three
months ended in Sep. 2023 was 11.01.
The historical rank and industry rank for National Gas CoOG's Days Inventory or its related term are showing as below:
MUS:NGCI'
s Days Inventory Range Over the Past 10 Years
Min: 4.56 Med: 6.51 Max: 12.39
Current: 12.39
During the past 13 years, National Gas CoOG's highest Days Inventory was 12.39. The lowest was 4.56. And the median was 6.51.
MUS:NGCI's Days Inventory is ranked better than 67.74% of 465
companies
in the Utilities - Regulated industry
Industry Median: 22.67
vs MUS:NGCI: 12.39
National Gas CoOG's Days Inventory
increased
from Jun. 2022 (9.27) to Sep. 2023 (11.01).
It might indicate that National Gas CoOG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
National Gas CoOG's Inventory Turnover for the
three
months ended in Sep. 2023 was 8.28.
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.
National Gas CoOG's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.11.
National Gas CoOG Days Inventory Historical Data
The historical data trend for National Gas CoOG'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 National Gas CoOG's Days Inventory
For the Utilities - Regulated Gas subindustry, National Gas CoOG'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.
National Gas CoOG's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Gas CoOG's Days Inventory distribution charts can be found below:
* The bar in red indicates where National Gas CoOG's Days Inventory falls into.
National Gas CoOG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
National Gas CoOG's Days Inventory for the fiscal year that ended in Dec. 2021 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.
National Gas CoOG (MUS:NGCI) 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.
National Gas CoOG's Inventory Turnover for the
three
months ended in Sep. 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.
National Gas CoOG's Inventory to Revenue for the
three
months ended in Sep. 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.
National Gas CoOG Days Inventory Related Terms
Thank you for viewing the detailed overview of National Gas CoOG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution cost.
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