Seacrest Petroleo Bermuda (CHIX:SEAPTO) Days Inventory: 74.44 (As of Sep. 2024)


CHIX:SEAPTO Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
6 GF Score
Price kr4.93
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What is Seacrest Petroleo Bermuda Days Inventory?

Seacrest Petroleo Bermuda CHIX:SEAPTO 6 Days Inventory is 74.44 as of Sep. 2024. GuruFocus rates CHIX:SEAPTO with a GF Score™ of 6/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Seacrest Petroleo Bermuda's Average Total Inventories for the three months ended in Sep. 2024 was kr386 Mil. Seacrest Petroleo Bermuda's Cost of Goods Sold for the three months ended in Sep. 2024 was kr474 Mil. Hence, Seacrest Petroleo Bermuda's Days Inventory for the three months ended in Sep. 2024 was 74.44.

The historical rank and industry rank for Seacrest Petroleo Bermuda's Days Inventory or its related term are showing as below:

CHIX:SEAPTo's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31
* Ranked among companies with meaningful Days Inventory only.

Seacrest Petroleo Bermuda's Days Inventory increased from Sep. 2023 (72.65) to Sep. 2024 (74.44). It might indicate that Seacrest Petroleo Bermuda's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seacrest Petroleo Bermuda's Inventory Turnover for the three months ended in Sep. 2024 was 1.23.

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. Seacrest Petroleo Bermuda's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.87.


Seacrest Petroleo Bermuda  (CHIX:SEAPTo) 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.

Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda'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.


Seacrest Petroleo Bermuda Days Inventory Related Terms


Seacrest Petroleo Bermuda Days Inventory Historical Data

* Premium members only.

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Days Inventory Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
0.00 0.00 0.00 46.75 43.50

Seacrest Petroleo Bermuda Quarterly Data
Dec19 Dec20 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 72.65 47.74 85.15 97.76 74.44

CHIX:SEAPTO vs COP, EOG, OXY: Days Inventory Comparison

For the Oil & Gas E&P subindustry, Seacrest Petroleo Bermuda'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.


Seacrest Petroleo Bermuda Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Seacrest Petroleo Bermuda's Days Inventory falls into.


CHIX:SEAPTO
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Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
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Seacrest Petroleo Bermuda Days Inventory Calculation

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

Seacrest Petroleo Bermuda'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
=( (100.55 + 339.248) / 2 ) / 1845.08*365
=219.899 / 1845.08*365
=43.50

Seacrest Petroleo Bermuda'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
=( (408.619 + 364.302) / 2 ) / 473.726*365 / 4
=386.4605 / 473.726*365 / 4
=74.44

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 74.44 mean?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a Days Inventory of 74.44 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Seacrest Petroleo Bermuda and its competitors.
Is Seacrest Petroleo Bermuda's Days Inventory too high?
Seacrest Petroleo Bermuda's current Days Inventory is 74.44. The Oil & Gas industry median Days Inventory is 31.00. Seacrest Petroleo Bermuda's value of 74.44 is 140.1% above this industry median. Overall, Seacrest Petroleo Bermuda has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Seacrest Petroleo Bermuda's Days Inventory compare to COP and EOG?
Seacrest Petroleo Bermuda's Days Inventory of 74.44 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.00. Seacrest Petroleo Bermuda's value of 74.44 is 140.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.00, based on 688 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seacrest Petroleo Bermuda's current Days Inventory of 74.44 is 140.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Seacrest Petroleo Bermuda and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seacrest Petroleo Bermuda's current Days Inventory is 74.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seacrest Petroleo Bermuda stock overvalued right now?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a current Days Inventory of 74.44. The current Days Inventory is 74.44 and 140.1% above the Oil & Gas industry median of 31.00. Seacrest Petroleo Bermuda's overall GF Score™ is 6/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Seacrest Petroleo Bermuda (CHIX:SEAPTO), the current Days Inventory is 74.44 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Seacrest Petroleo Bermuda Business Description

Industry EnergyOil & Gas
Address 99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).
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