GURUFOCUS.COM » STOCK LIST » USA » NYSE » Hess Corp (NYSE:HES) » Definitions » Days Inventory
Switch to:

Hess Days Inventory

: 31.39 (As of Jun. 2022)
View and export this data going back to 1983. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Hess's Average Total Inventories for the three months ended in Jun. 2022 was $280 Mil. Hess's Cost of Goods Sold for the three months ended in Jun. 2022 was $814 Mil. Hence, Hess's Days Inventory for the three months ended in Jun. 2022 was 31.39.

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

HES' s Days Inventory Range Over the Past 10 Years
Min: 20.97   Med: 30.73   Max: 70.42
Current: 31.17

During the past 13 years, Hess's highest Days Inventory was 70.42. The lowest was 20.97. And the median was 30.73.

HES's Days Inventory is ranked worse than
51.04% of 719 companies
in the Oil & Gas industry
Industry Median: 29.85 vs HES: 31.17

Hess's Days Inventory increased from Jun. 2021 (28.21) to Jun. 2022 (31.39). It might indicate that Hess's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hess's Inventory Turnover for the three months ended in Jun. 2022 was 2.91.

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. Hess's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.09.


Hess Days Inventory Historical Data

The historical data trend for Hess'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.

Hess Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.79 27.31 26.06 34.14 37.45

Hess Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 28.21 31.70 29.00 29.90 31.39

Competitive Comparison

For the Oil & Gas E&P subindustry, Hess'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.

   

Hess Days Inventory Distribution

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

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



Hess Days Inventory Calculation

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

Hess's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (378 + 223) / 2 ) / 2929*365
=300.5 / 2929*365
=37.45

Hess's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (243 + 317) / 2 ) / 814*365 / 4
=280 / 814*365 / 4
=31.39

* 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.


Hess  (NYSE:HES) 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.

Hess's Inventory Turnover for the three months ended in Jun. 2022 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.

Hess's Inventory to Revenue for the three months ended in Jun. 2022 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.


Hess Days Inventory Related Terms

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


Hess Business Description

Hess logo
Address
1185 Avenue of the Americas, New York, NY, USA, 10036
Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2021, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 315 thousand barrels of oil equivalent per day in 2021, at a ratio of 69% oil and natural gas liquids and 31% natural gas.
Executives
Glatch Lisa director EVOQUA WATER TECHNOLOGIES CORP. 210 SIXTH AVENUE PITTSBURGH PA 15222
Mcguire Raymond J director 5 GIRALDA FARMS MADISON NJ 07940
Lipschultz Marc S director C/O KOHLBERG KRAVIS ROBERTS & CO 9 WEST 57TH ST NEW YORK NY 10019
Ovelmen Karyn F. director STATIONSPLEIN 45 ROTTERDAM P7 3013AK
Schoonman Geurt G officer: Senior Vice President HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Duato Joaquin director ONE JOHNSON & JOHNSON PLAZA NEW BRUNSWICK NJ 08933
Lynch Richard D. officer: Senior Vice President HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Coleman Leonard S Jr director C/O ELECTRONIC ARTS INC. 209 REDWOOD SHORES PARKWAY REDWOOD CITY, CA 94065
Slentz Andrew P officer: Senior Vice President 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Lowery-yilmaz Barbara J officer: Senior Vice President HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Truelove Brian D. officer: Senior Vice President HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Goodwillie Eugene W. Jr. 10 percent owner HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Checki Terrence J. director HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Fishman Eric S. officer: Vice President and Treasurer HESS CORPORATION 1185 AVENUE OF THE AMERICAS NEW YORK NY 10036
Mcmanus David director 5205 N O'CONNOR BLVD SUITE 200 IRVING TX 75039

Hess Headlines

Other Sources

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)