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Global Offshore Services (BOM:501848) Days Inventory : 95.13 (As of Dec. 2024)


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What is Global Offshore Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Offshore Services's Average Total Inventories for the three months ended in Dec. 2024 was ₹86.6 Mil. Global Offshore Services's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹83.0 Mil. Hence, Global Offshore Services's Days Inventory for the three months ended in Dec. 2024 was 95.13.

The historical rank and industry rank for Global Offshore Services's Days Inventory or its related term are showing as below:

BOM:501848' s Days Inventory Range Over the Past 10 Years
Min: 56.03   Med: 80.48   Max: 139.82
Current: 100.4

During the past 13 years, Global Offshore Services's highest Days Inventory was 139.82. The lowest was 56.03. And the median was 80.48.

BOM:501848's Days Inventory is ranked worse than
91.72% of 785 companies
in the Transportation industry
Industry Median: 11.81 vs BOM:501848: 100.40

Global Offshore Services's Days Inventory declined from Dec. 2023 (98.07) to Dec. 2024 (95.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Offshore Services's Inventory Turnover for the three months ended in Dec. 2024 was 0.96.

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. Global Offshore Services's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.06.


Global Offshore Services Days Inventory Historical Data

The historical data trend for Global Offshore Services'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.

Global Offshore Services Days Inventory Chart

Global Offshore Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.82 111.85 78.73 72.99 98.59

Global Offshore Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 98.07 95.18 109.43 101.26 95.13

Competitive Comparison of Global Offshore Services's Days Inventory

For the Marine Shipping subindustry, Global Offshore Services'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.


Global Offshore Services's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Offshore Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Global Offshore Services's Days Inventory falls into.


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Global Offshore Services Days Inventory Calculation

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

Global Offshore Services's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (152.895 + 95.707) / 2 ) / 460.204*365
=124.301 / 460.204*365
=98.59

Global Offshore Services's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (86.555 + 0) / 1 ) / 83.027*365 / 4
=86.555 / 83.027*365 / 4
=95.13

* 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.


Global Offshore Services  (BOM:501848) 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.

Global Offshore Services's Inventory Turnover for the three months ended in Dec. 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.

Global Offshore Services's Inventory to Revenue for the three months ended in Dec. 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.


Global Offshore Services Days Inventory Related Terms

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


Global Offshore Services Business Description

Traded in Other Exchanges
N/A
Address
D.N. Road, 3rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400001
Global Offshore Services Ltd is an Indian firm engaged in providing offshore support services to exploration and production companies. The company's vessels support oil and gas exploration efforts involving: the transport of personnel to rigs/platforms from onshore bases and vice-versa, delivery of cargo/material to rigs/platforms, anchor handling operations, towing of rigs from one location to another, support to offshore/underwater construction projects, the platform supply vessels owned and operated by the company and its subsidiaries are deployed in India, the North Sea, Brazil, and West Africa. The charter hire segment constitutes the majority of the company's revenue.

Global Offshore Services Headlines

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