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Otto Energy (ASX:OEL) Days Inventory : 0.00 (As of Jun. 2024)


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What is Otto Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Otto Energy's Average Total Inventories for the six months ended in Jun. 2024 was A$0.00 Mil. Otto Energy's Cost of Goods Sold for the six months ended in Jun. 2024 was A$6.58 Mil. Hence, Otto Energy's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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

ASX:OEL's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.715
* Ranked among companies with meaningful Days Inventory only.

Otto Energy's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

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

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. Otto Energy's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.00.


Otto Energy Days Inventory Historical Data

The historical data trend for Otto 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.

Otto Energy Days Inventory Chart

Otto Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
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Otto Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Otto Energy's Days Inventory

For the Oil & Gas E&P subindustry, Otto 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.


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

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

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



Otto Energy Days Inventory Calculation

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

Otto Energy's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 14.674*365
=0 / 14.674*365
=0.00

Otto Energy's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 6.578*365 / 2
=0 / 6.578*365 / 2
=0.00

* 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.


Otto Energy  (ASX:OEL) 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.

Otto Energy's Inventory Turnover for the six months ended in Jun. 2024 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.

Otto Energy's Inventory to Revenue for the six months ended in Jun. 2024 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.


Otto Energy Days Inventory Related Terms

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


Otto Energy Business Description

Traded in Other Exchanges
Address
70 Hindmarsh Square, Ground Floor, Adelaide, SA, AUS, 6005
Otto Energy Ltd is an oil and gas exploration and production company on the US Gulf Coast. Its projects include South Marsh Island 71, Lightning Field, Green Canyon 21, Eaves Field, Mosquito Bay West, and Oyster Bayou South.

Otto Energy Headlines

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