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Crown Point Energy (Crown Point Energy) Days Inventory : 43.80 (As of Dec. 2023)


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What is Crown Point Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crown Point Energy's Average Total Inventories for the three months ended in Dec. 2023 was $1.41 Mil. Crown Point Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.95 Mil. Hence, Crown Point Energy's Days Inventory for the three months ended in Dec. 2023 was 43.80.

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

CWVLF' s Days Inventory Range Over the Past 10 Years
Min: 9.06   Med: 24.11   Max: 46.65
Current: 46.65

During the past 13 years, Crown Point Energy's highest Days Inventory was 46.65. The lowest was 9.06. And the median was 24.11.

CWVLF's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.41 vs CWVLF: 46.65

Crown Point Energy's Days Inventory declined from Dec. 2022 (46.41) to Dec. 2023 (43.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Crown Point Energy's Inventory Turnover for the three months ended in Dec. 2023 was 2.08.

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. Crown Point Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Crown Point Energy Days Inventory Historical Data

The historical data trend for Crown Point 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.

* Premium members only.

Crown Point Energy Days Inventory Chart

Crown Point Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.95 29.78 9.05 26.20 45.40

Crown Point 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 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 46.41 47.09 52.58 44.35 43.80

Competitive Comparison of Crown Point Energy's Days Inventory

For the Oil & Gas E&P subindustry, Crown Point 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.


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

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

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



Crown Point Energy Days Inventory Calculation

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

Crown Point 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
=( (1.585 + 1.457) / 2 ) / 12.227*365
=1.521 / 12.227*365
=45.40

Crown Point 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
=( (1.37 + 1.457) / 2 ) / 2.945*365 / 4
=1.4135 / 2.945*365 / 4
=43.80

* 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.


Crown Point Energy  (OTCPK:CWVLF) 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.

Crown Point 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.

Crown Point 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.


Crown Point Energy Days Inventory Related Terms

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


Crown Point Energy (Crown Point Energy) Business Description

Traded in Other Exchanges
Address
Godoy Cruz 2769 Piso 4, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1425FQK
Crown Point Energy Inc. is an oil and gas exploration and development company. The Company's exploration and development activities focus on three producing basins in Argentina, including the Austral basin in the province of Tierra del Fuego, and the Neuquen, Cuyo, and Cuyana basins in the region of Mendoza.