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Cosmo Energy Holdings Co (FRA:2LW) Days Inventory : 61.92 (As of Mar. 2024)


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What is Cosmo Energy Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cosmo Energy Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was €2,582 Mil. Cosmo Energy Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €3,805 Mil. Hence, Cosmo Energy Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 61.92.

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

FRA:2LW' s Days Inventory Range Over the Past 10 Years
Min: 30.9   Med: 40.67   Max: 63.6
Current: 63.6

During the past 9 years, Cosmo Energy Holdings Co's highest Days Inventory was 63.60. The lowest was 30.90. And the median was 40.67.

FRA:2LW's Days Inventory is ranked worse than
73.7% of 730 companies
in the Oil & Gas industry
Industry Median: 31.94 vs FRA:2LW: 63.60

Cosmo Energy Holdings Co's Days Inventory increased from Mar. 2023 (58.36) to Mar. 2024 (61.92). It might indicate that Cosmo Energy Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cosmo Energy Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.47.

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. Cosmo Energy Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.59.


Cosmo Energy Holdings Co Days Inventory Historical Data

The historical data trend for Cosmo Energy Holdings Co'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.

Cosmo Energy Holdings Co Days Inventory Chart

Cosmo Energy Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 35.07 46.00 55.57 59.75 63.92

Cosmo Energy Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 58.36 70.75 68.86 61.62 61.92

Competitive Comparison of Cosmo Energy Holdings Co's Days Inventory

For the Oil & Gas Integrated subindustry, Cosmo Energy Holdings Co'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.


Cosmo Energy Holdings Co's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cosmo Energy Holdings Co's Days Inventory falls into.



Cosmo Energy Holdings Co Days Inventory Calculation

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

Cosmo Energy Holdings Co'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
=( (2773.896 + 2408.959) / 2 ) / 14798.782*365
=2591.4275 / 14798.782*365
=63.92

Cosmo Energy Holdings Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2755.028 + 2408.959) / 2 ) / 3804.747*365 / 4
=2581.9935 / 3804.747*365 / 4
=61.92

* 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.


Cosmo Energy Holdings Co  (FRA:2LW) 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.

Cosmo Energy Holdings Co's Inventory Turnover for the three months ended in Mar. 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.

Cosmo Energy Holdings Co's Inventory to Revenue for the three months ended in Mar. 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.


Cosmo Energy Holdings Co Days Inventory Related Terms

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


Cosmo Energy Holdings Co (FRA:2LW) Business Description

Traded in Other Exchanges
Address
1-1-1, Shibaura, Minato-ku, Tokyo, JPN, 105-0023
Cosmo Energy Holdings Co Ltd is a holding company. It is involved in the management of subsidiaries involved in oil ranging from upstream and downstream and other businesses. The company's head office is located at Tokyo and overseas offices located in Abu Dhabi, Beijing and Doha.

Cosmo Energy Holdings Co (FRA:2LW) Headlines

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