Dafora (BSE:DAFR) Change In Inventory: lei0.57 Mil (TTM As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Dafora Change In Inventory?

Dafora BSE:DAFR Change In Inventory is lei0.57 Mil as of Jun. 2023.

Dafora's change in inventory for the quarter that ended in Jun. 2023 was lei0.11 Mil. It means Dafora's inventory declined by lei0.11 Mil from Mar. 2023 to Jun. 2023 .

Dafora's change in inventory for the fiscal year that ended in Dec. 2022 was lei4.57 Mil. It means Dafora's inventory declined by lei4.57 Mil from Dec. 2021 to Dec. 2022 .

Dafora's Total Inventories for the quarter that ended in Jun. 2023 was lei1.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dafora's Days Inventory for the quarter that ended in Jun. 2023 was 397.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dafora's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.23.

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. Dafora's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.34.

Dafora  (BSE:DAFR) Change In Inventory Explanation

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

Dafora's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1.058/0.243*365 / 4
=397.29

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Dafora's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.243 / 1.058
=0.23

3. 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.

Dafora's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.058 / 3.083
=0.34

* 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.

Dafora Change In Inventory Related Terms

Dafora Change In Inventory Historical Data

* Premium members only.

The historical data trend for Dafora's Change In 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.

Dafora Change In Inventory Chart

Dafora Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 -1.01 -1.25 -1.29 4.57

Dafora Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Change In 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 0.00 0.00 0.00 0.46 0.11

Dafora Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was lei0.57 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of lei0.57 Mil mean?
Dafora (BSE:DAFR) has a Change In Inventory of lei0.57 Mil as of Jun. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Dafora and its competitors.
Is Dafora's Change In Inventory too high?
Dafora's current Change In Inventory is lei0.57 Mil.
How does Dafora's Change In Inventory compare to NE and PTEN?
Dafora's Change In Inventory of lei0.57 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Dafora and its competitors. Dafora's current Change In Inventory is lei0.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dafora stock overvalued right now?
Dafora (BSE:DAFR) has a current Change In Inventory of lei0.57 Mil. The current Change In Inventory is lei0.57 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Dafora (BSE:DAFR), the current Change In Inventory is lei0.57 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dafora Business Description

Industry EnergyOil & Gas
Address Strada Regele Ferdinand I, No. 15, Sibiu, Medias, ROU, 551002
Dafora SA provides drilling and construction services. The company's services include onshore drilling services for oil, natural gas and geothermal water, well testing and workover, transport and maintenance for drilling equipment. It provides services in South Africa, Tanzania, Uganda, Mozambique, Sudan, France, Bulgaria, Ukraine, Hungary, and Israel.