Rompetrol Rafinare (FRA:87R) Days Inventory: 39.98 (As of Sep. 2023)


What is Rompetrol Rafinare Days Inventory?

Rompetrol Rafinare FRA:87R Days Inventory is 39.98 as of Sep. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Rompetrol Rafinare's Average Total Inventories for the three months ended in Sep. 2023 was €376 Mil. Rompetrol Rafinare's Cost of Goods Sold for the three months ended in Sep. 2023 was €858 Mil. Hence, Rompetrol Rafinare's Days Inventory for the three months ended in Sep. 2023 was 39.98.

The historical rank and industry rank for Rompetrol Rafinare's Days Inventory or its related term are showing as below:

FRA:87R's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31
* Ranked among companies with meaningful Days Inventory only.

Rompetrol Rafinare's Days Inventory increased from Sep. 2022 (27.89) to Sep. 2023 (39.98). It might indicate that Rompetrol Rafinare's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rompetrol Rafinare's Inventory Turnover for the three months ended in Sep. 2023 was 2.28.

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. Rompetrol Rafinare's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.38.


Rompetrol Rafinare  (FRA:87R) 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.

Rompetrol Rafinare's Inventory Turnover for the three months ended in Sep. 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.

Rompetrol Rafinare's Inventory to Revenue for the three months ended in Sep. 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.


Rompetrol Rafinare Days Inventory Related Terms


Rompetrol Rafinare Days Inventory Historical Data

* Premium members only.

The historical data trend for Rompetrol Rafinare'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.

Rompetrol Rafinare Days Inventory Chart

Rompetrol Rafinare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.49 27.58 39.76 30.04 24.38

Rompetrol Rafinare Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 27.89 28.04 36.11 32.75 39.98

FRA:87R vs : Days Inventory Comparison

For the Oil & Gas Refining & Marketing subindustry, Rompetrol Rafinare'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.


Rompetrol Rafinare Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where Rompetrol Rafinare's Days Inventory falls into.



Rompetrol Rafinare Days Inventory Calculation

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

Rompetrol Rafinare's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (291.346 + 315.173) / 2 ) / 4540.899*365
=303.2595 / 4540.899*365
=24.38

Rompetrol Rafinare's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (350.224 + 401.401) / 2 ) / 857.858*365 / 4
=375.8125 / 857.858*365 / 4
=39.98

* 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 39.98 mean?
Rompetrol Rafinare (FRA:87R) has a Days Inventory of 39.98 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rompetrol Rafinare and its competitors.
Is Rompetrol Rafinare's Days Inventory too high?
Rompetrol Rafinare's current Days Inventory is 39.98. The Oil & Gas industry median Days Inventory is 31.00. Rompetrol Rafinare's value of 39.98 is 29% above this industry median.
How does Rompetrol Rafinare's Days Inventory compare to ?
Rompetrol Rafinare's Days Inventory of 39.98 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.00. Rompetrol Rafinare's value of 39.98 is 29% 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. Rompetrol Rafinare's current Days Inventory of 39.98 is 29% 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 Rompetrol Rafinare 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. Rompetrol Rafinare's current Days Inventory is 39.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rompetrol Rafinare stock overvalued right now?
Rompetrol Rafinare (FRA:87R) has a current Days Inventory of 39.98. The current Days Inventory is 39.98 and 29% above the Oil & Gas industry median of 31.00. 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 Rompetrol Rafinare (FRA:87R), the current Days Inventory is 39.98 as of Sep. 2023. 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.

Rompetrol Rafinare Business Description

Industry EnergyOil & Gas
Comparable Companies
Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.