GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Oceanpact Servicos Maritimos SA (BSP:OPCT3) » Definitions » Days Inventory

Oceanpact Servicos Maritimos (BSP:OPCT3) Days Inventory : 1.57 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Oceanpact Servicos Maritimos Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oceanpact Servicos Maritimos's Average Total Inventories for the three months ended in Dec. 2023 was R$6 Mil. Oceanpact Servicos Maritimos's Cost of Goods Sold for the three months ended in Dec. 2023 was R$350 Mil. Hence, Oceanpact Servicos Maritimos's Days Inventory for the three months ended in Dec. 2023 was 1.57.

The historical rank and industry rank for Oceanpact Servicos Maritimos's Days Inventory or its related term are showing as below:

BSP:OPCT3' s Days Inventory Range Over the Past 10 Years
Min: 0.26   Med: 1.9   Max: 2.79
Current: 1.85

During the past 7 years, Oceanpact Servicos Maritimos's highest Days Inventory was 2.79. The lowest was 0.26. And the median was 1.90.

BSP:OPCT3's Days Inventory is ranked better than
86.75% of 679 companies
in the Business Services industry
Industry Median: 29.12 vs BSP:OPCT3: 1.85

Oceanpact Servicos Maritimos's Days Inventory declined from Dec. 2022 (2.37) to Dec. 2023 (1.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Oceanpact Servicos Maritimos's Inventory Turnover for the three months ended in Dec. 2023 was 58.08.

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. Oceanpact Servicos Maritimos's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


Oceanpact Servicos Maritimos Days Inventory Historical Data

The historical data trend for Oceanpact Servicos Maritimos'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.

Oceanpact Servicos Maritimos Days Inventory Chart

Oceanpact Servicos Maritimos Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 0.45 2.13 2.79 2.24 1.67

Oceanpact Servicos Maritimos Quarterly Data
Dec17 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.37 2.54 1.92 1.73 1.57

Competitive Comparison of Oceanpact Servicos Maritimos's Days Inventory

For the Specialty Business Services subindustry, Oceanpact Servicos Maritimos'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.


Oceanpact Servicos Maritimos's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Oceanpact Servicos Maritimos's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oceanpact Servicos Maritimos's Days Inventory falls into.



Oceanpact Servicos Maritimos Days Inventory Calculation

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

Oceanpact Servicos Maritimos'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
=( (6.682 + 4.942) / 2 ) / 1273.209*365
=5.812 / 1273.209*365
=1.67

Oceanpact Servicos Maritimos'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (7.121 + 4.942) / 2 ) / 350.339*365 / 4
=6.0315 / 350.339*365 / 4
=1.57

* 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.


Oceanpact Servicos Maritimos  (BSP:OPCT3) 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.

Oceanpact Servicos Maritimos's Inventory Turnover for the three months ended in Dec. 2023 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.

Oceanpact Servicos Maritimos's Inventory to Revenue for the three months ended in Dec. 2023 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.


Oceanpact Servicos Maritimos Days Inventory Related Terms

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


Oceanpact Servicos Maritimos (BSP:OPCT3) Business Description

Traded in Other Exchanges
N/A
Address
Rua da Gloria, 122 - 11 Andar, Gloria, Rio de Janeiro, BRA, 20241-180
Oceanpact Servicos Maritimos SA specialized in the management and response to emergency situations occurring in marine and coastal environments. It develops and implements safe, efficient and innovative solutions in the areas of the environment, subsea operations and logistical and engineering support. The company offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for customers from different sectors of the economy, such as oil and gas, energy, mining, telecommunications, port, navigation, tourism, fishing and aquaculture.

Oceanpact Servicos Maritimos (BSP:OPCT3) Headlines

No Headlines