Days Inventory is also known as Days Sales of Inventory (DSI). Petronas Gas Bhd's Average Total Inventories for the
three
months ended in Dec. 2023 was RM41 Mil. Petronas Gas Bhd's Cost of Goods Sold for the
three
months ended in Dec. 2023 was RM1,076 Mil.
Hence, Petronas Gas Bhd's Days Inventory for the
three
months ended in Dec. 2023 was 3.47.
The historical rank and industry rank for Petronas Gas Bhd's Days Inventory or its related term are showing as below:
XKLS:6033'
s Days Inventory Range Over the Past 10 Years
Min: 3.57 Med: 7.36 Max: 9.25
Current: 3.74
During the past 13 years, Petronas Gas Bhd's highest Days Inventory was 9.25. The lowest was 3.57. And the median was 7.36.
XKLS:6033's Days Inventory is ranked better than 85.16% of 465
companies
in the Utilities - Regulated industry
Industry Median: 22.43
vs XKLS:6033: 3.74
Petronas Gas Bhd's Days Inventory
increased
from Dec. 2022 (3.42) to Dec. 2023 (3.47).
It might indicate that Petronas Gas Bhd's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Petronas Gas Bhd's Inventory Turnover for the
three
months ended in Dec. 2023 was 26.30.
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.
Petronas Gas Bhd's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.03.
Petronas Gas Bhd Days Inventory Historical Data
The historical data trend for Petronas Gas Bhd'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.
Petronas Gas Bhd Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
8.61
7.65
5.66
4.24
3.57
Petronas Gas Bhd Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
3.42
3.53
4.10
4.10
3.47
Competitive Comparison
For the Utilities - Regulated Gas subindustry, Petronas Gas Bhd'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.
Petronas Gas Bhd Days Inventory Distribution
For the Utilities - Regulated industry and Utilities sector, Petronas Gas Bhd's Days Inventory distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd's Days Inventory falls into.
Petronas Gas Bhd Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Petronas Gas Bhd's Days Inventory for the fiscal year that 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.
Petronas Gas Bhd (XKLS:6033) 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.
Petronas Gas Bhd'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.
Petronas Gas Bhd'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.
Petronas Gas Bhd Days Inventory Related Terms
Thank you for viewing the detailed overview of Petronas Gas Bhd's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
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