APA Group (ASX:APA) Days Inventory : 0.00 (As of Dec. 2023)

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What is APA Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). APA Group's Average Total Inventories for the six months ended in Dec. 2023 was A$62 Mil. APA Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0 Mil.

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

ASX:APA's Days Inventory is not ranked ^*
in the Utilities - Regulated industry.
Industry Median: 23.295
* Ranked among companies with meaningful Days Inventory only.

APA Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. APA Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. APA Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.

APA Group Days Inventory Historical Data

The historical data trend for APA Group'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.

APA Group Days Inventory Chart

APA Group Annual Data

Trend

Jun14

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Days Inventory

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APA Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of APA Group's Days Inventory

For the Utilities - Regulated Gas subindustry, APA Group'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.

APA Group's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, APA Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where APA Group's Days Inventory falls into.

APA Group Days Inventory Calculation

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

APA Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (46.262	+	55)	/	2 )	/	0	*	365
=	50.631					/	0	*	365
=	N/A

APA Group'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (55	+	69)	/	2 )	/	0	*	365 / 2
=	62					/	0	*	365 / 2
=	N/A

APA Group (ASX:APA) 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.

APA Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	62
	=	0.00

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.

APA Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	62	/	1492
	=	0.04

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.

APA Group Days Inventory Related Terms

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

APA Group (ASX:APA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » APA Group (ASX:APA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

APAJF:USA PJZ:Germany

Address

580 George Street, Level 25, Sydney, NSW, AUS, 2000

Website

https://www.apa.com.au

APA Group is Australia's largest gas infrastructure company with an extensive portfolio of transmission pipelines, distribution networks, and storage facilities, and is increasingly investing in renewable energy generation, electricity transmission, and batteries. It is internally managed and has direct operational control over all assets. It owns minority stakes in a few smaller gas infrastructure companies and manages operations for most of these. The stapled securities comprise a unit in Australian Pipeline Trust and in APT Investment Trust.