Petro Welt Technologies AG (STU:O2C) Days Inventory

: 62.81 (As of Jun. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Petro Welt Technologies AG's Average Total Inventories for the three months ended in Jun. 2023 was €2.57 Mil. Petro Welt Technologies AG's Cost of Goods Sold for the three months ended in Jun. 2023 was €3.73 Mil. Hence, Petro Welt Technologies AG's Days Inventory for the three months ended in Jun. 2023 was 62.81.

The historical rank and industry rank for Petro Welt Technologies AG's Days Inventory or its related term are showing as below:

STU:O2C' s Days Inventory Range Over the Past 10 Years
Min: 21.02 Med: 51 Max: 2427.83
Current: 1700.59

During the past 13 years, Petro Welt Technologies AG's highest Days Inventory was 2427.83. The lowest was 21.02. And the median was 51.00.

STU:O2C's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.63 vs STU:O2C: 1700.59

Petro Welt Technologies AG's Days Inventory increased from Mar. 2022 (0.00) to Jun. 2023 (62.81). It might indicate that Petro Welt Technologies AG's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Petro Welt Technologies AG's Inventory Turnover for the three months ended in Jun. 2023 was 1.45.

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. Petro Welt Technologies AG's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.50.

Petro Welt Technologies AG Days Inventory Historical Data

The historical data trend for Petro Welt Technologies AG'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.

Petro Welt Technologies AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

56.00

53.17

68.05

2,427.83

783.95

Petro Welt Technologies AG Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Days Inventory																-	3,969.89	-	-	62.81

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Petro Welt Technologies AG'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.

Petro Welt Technologies AG Days Inventory Distribution

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

* The bar in red indicates where Petro Welt Technologies AG's Days Inventory falls into.

Petro Welt Technologies AG Days Inventory Calculation

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

Petro Welt Technologies AG's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (36.57	+	2.636)	/	2 )	/	9.127	*	365
=	19.603					/	9.127	*	365
=	783.95

Petro Welt Technologies AG's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (2.583	+	2.555)	/	2 )	/	3.732	*	365 / 4
=	2.569					/	3.732	*	365 / 4
=	62.81

Petro Welt Technologies AG (STU:O2C) 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.

Petro Welt Technologies AG's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.732	/	2.569
	=	1.45

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.

Petro Welt Technologies AG's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.569	/	5.096
	=	0.50

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.

Petro Welt Technologies AG Days Inventory Related Terms

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Petro Welt Technologies AG (STU:O2C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro Welt Technologies AG (STU:O2C) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karntner Ring 11-13, Vienna, AUT, 1010

Website

https://www.pewete.com

Petro Welt Technologies AG is a service provider of oilfield services in Russia & Kazakhstan. The operating segment of the company is Well Services & Stimulation, Drilling, Sidetracking, Integrated Project Management (IPM), and Proppant Manufacturing. The Well Services & Stimulation segment comprises hydraulic fracturing, cementing, & coiled tubing, with a focus on hydraulic fracturing, a method of well stimulation. The Drilling, Sidetracking, & IPM segment encompasses conventional drilling, sidetrack drilling, & IPM. The Proppant Manufacturing segment offers goods for the oil & natural gas industry & manufactures different kinds of Proppant in Kopeysk, Russia. The majority is from the Well Services and Stimulation segment. Geographically, key revenue is from Russia.

Petro Welt Technologies AG (STU:O2C) Headlines

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