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Motor Oil (Hellas) Corinth Refineries (ATH:MOH) Days Inventory : 33.30 (As of Sep. 2024)


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What is Motor Oil (Hellas) Corinth Refineries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Motor Oil (Hellas) Corinth Refineries's Average Total Inventories for the three months ended in Sep. 2024 was €1,080 Mil. Motor Oil (Hellas) Corinth Refineries's Cost of Goods Sold for the three months ended in Sep. 2024 was €2,959 Mil. Hence, Motor Oil (Hellas) Corinth Refineries's Days Inventory for the three months ended in Sep. 2024 was 33.30.

The historical rank and industry rank for Motor Oil (Hellas) Corinth Refineries's Days Inventory or its related term are showing as below:

ATH:MOH' s Days Inventory Range Over the Past 10 Years
Min: 20.95   Med: 25.08   Max: 33.88
Current: 33.55

During the past 13 years, Motor Oil (Hellas) Corinth Refineries's highest Days Inventory was 33.88. The lowest was 20.95. And the median was 25.08.

ATH:MOH's Days Inventory is ranked worse than
51.42% of 704 companies
in the Oil & Gas industry
Industry Median: 31.715 vs ATH:MOH: 33.55

Motor Oil (Hellas) Corinth Refineries's Days Inventory increased from Sep. 2023 (26.93) to Sep. 2024 (33.30). It might indicate that Motor Oil (Hellas) Corinth Refineries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Motor Oil (Hellas) Corinth Refineries's Inventory Turnover for the three months ended in Sep. 2024 was 2.74.

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. Motor Oil (Hellas) Corinth Refineries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.34.


Motor Oil (Hellas) Corinth Refineries Days Inventory Historical Data

The historical data trend for Motor Oil (Hellas) Corinth Refineries'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.

Motor Oil (Hellas) Corinth Refineries Days Inventory Chart

Motor Oil (Hellas) Corinth Refineries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.27 33.88 23.18 20.95 31.52

Motor Oil (Hellas) Corinth Refineries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days 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 26.93 30.27 37.63 33.91 33.30

Competitive Comparison of Motor Oil (Hellas) Corinth Refineries's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Motor Oil (Hellas) Corinth Refineries'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.


Motor Oil (Hellas) Corinth Refineries's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Motor Oil (Hellas) Corinth Refineries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Motor Oil (Hellas) Corinth Refineries's Days Inventory falls into.



Motor Oil (Hellas) Corinth Refineries Days Inventory Calculation

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

Motor Oil (Hellas) Corinth Refineries's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (994.84 + 1031.212) / 2 ) / 11729.1*365
=1013.026 / 11729.1*365
=31.52

Motor Oil (Hellas) Corinth Refineries's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1062.943 + 1096.588) / 2 ) / 2958.976*365 / 4
=1079.7655 / 2958.976*365 / 4
=33.30

* 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.


Motor Oil (Hellas) Corinth Refineries  (ATH:MOH) 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.

Motor Oil (Hellas) Corinth Refineries's Inventory Turnover for the three months ended in Sep. 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.

Motor Oil (Hellas) Corinth Refineries's Inventory to Revenue for the three months ended in Sep. 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.


Motor Oil (Hellas) Corinth Refineries Days Inventory Related Terms

Thank you for viewing the detailed overview of Motor Oil (Hellas) Corinth Refineries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Motor Oil (Hellas) Corinth Refineries Business Description

Traded in Other Exchanges
Address
12A, Irodou Attikou Street, Maroussi, GRC, 151 24
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery with its ancillary plants and fuel distribution facilities forms the privately-owned industrial complex in Greece and its considered one of the modern refineries in Europe. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas and Other. Its derives maximum revenue from Refining Activity.