Vital Energy (Vital Energy) Days Inventory : 4.72 (As of Dec. 2023)

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What is Vital Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vital Energy's Average Total Inventories for the three months ended in Dec. 2023 was $14 Mil. Vital Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $265 Mil. Hence, Vital Energy's Days Inventory for the three months ended in Dec. 2023 was 4.72.

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

VTLE' s Days Inventory Range Over the Past 10 Years
Min: 2.98 Med: 4.19 Max: 6.44
Current: 4.33

During the past 13 years, Vital Energy's highest Days Inventory was 6.44. The lowest was 2.98. And the median was 4.19.

VTLE's Days Inventory is ranked better than
90.55% of 730 companies
in the Oil & Gas industry
Industry Median: 31.555 vs VTLE: 4.33

Vital Energy's Days Inventory increased from Dec. 2022 (3.32) to Dec. 2023 (4.72). It might indicate that Vital Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vital Energy's Inventory Turnover for the three months ended in Dec. 2023 was 19.34.

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. Vital Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.

Vital Energy Days Inventory Historical Data

The historical data trend for Vital 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.

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Vital Energy Days Inventory Chart

Vital Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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3.82

2.98

3.83

4.12

4.33

Vital Energy 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															3.32	3.23	-	-	4.72

Competitive Comparison of Vital Energy's Days Inventory

For the Oil & Gas E&P subindustry, Vital 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.

Vital Energy's Days Inventory Distribution in the Oil & Gas Industry

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

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

Vital Energy Days Inventory Calculation

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

Vital Energy's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (6.07	+	13.723)	/	2 )	/	834.675	*	365
=	9.8965					/	834.675	*	365
=	4.33

Vital Energy'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
=	( (0	+	13.723)	/	1 )	/	265.393	*	365 / 4
=	13.723					/	265.393	*	365 / 4
=	4.72

Vital Energy (NYSE:VTLE) 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.

Vital Energy's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	265.393	/	13.723
	=	19.34

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	13.723	/	444.521
	=	0.03

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.

Vital Energy Days Inventory Related Terms

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

Vital Energy (Vital Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vital Energy (NYSE:VTLE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

8LP1:Germany

Address

521 East Second Street, Suite 1000, Tulsa, OK, USA, 74120

Website

https://www.vitalenergy.com

Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Executives

Lori A Lancaster	director	302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Maple Energy Holdings, Llc	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone/gower Mgmt Co Holdings, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Management Group, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Holdings Llc	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Lapeyre Pierre F Jr	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE 36TH FLOOR, NEW YORK NY 10019
David M Leuschen	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Credit Partners - Direct, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
Riverstone Strategic Credit Partners A-2 Aiv, L.p.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Credit Partners Ii - Direct, L.p.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp Ii F2 Gp, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Maple Investor, Llc	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp Strategic Credit Partners (a) Gp, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp F1 Gp, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp F2 Gp, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019