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Seacrest Petroleo Bermuda (FRA:Z2UA) Days Inventory : 111.56 (As of Mar. 2024)


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What is Seacrest Petroleo Bermuda Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seacrest Petroleo Bermuda's Average Total Inventories for the three months ended in Mar. 2024 was €30.6 Mil. Seacrest Petroleo Bermuda's Cost of Goods Sold for the three months ended in Mar. 2024 was €25.0 Mil. Hence, Seacrest Petroleo Bermuda's Days Inventory for the three months ended in Mar. 2024 was 111.56.

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

FRA:Z2UA' s Days Inventory Range Over the Past 10 Years
Min: 67.29   Med: 89.17   Max: 111.04
Current: 78.23

During the past 5 years, Seacrest Petroleo Bermuda's highest Days Inventory was 111.04. The lowest was 67.29. And the median was 89.17.

FRA:Z2UA's Days Inventory is ranked worse than
78.71% of 728 companies
in the Oil & Gas industry
Industry Median: 32.185 vs FRA:Z2UA: 78.23

Seacrest Petroleo Bermuda's Days Inventory declined from Mar. 2023 (206.19) to Mar. 2024 (111.56).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

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 Mar. 2024 was 0.82.

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 Mar. 2024 was 0.72.


Seacrest Petroleo Bermuda Days Inventory Historical Data

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.

* Premium members only.

Seacrest Petroleo Bermuda Days Inventory Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - 111.04 68.82

Seacrest Petroleo Bermuda Quarterly Data
Dec20 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 206.19 53.01 93.52 76.76 111.56

Competitive Comparison of Seacrest Petroleo Bermuda's Days Inventory

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's Days Inventory Distribution in the 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.



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
=( (9.607 + 29.489) / 2 ) / 103.682*365
=19.548 / 103.682*365
=68.82

Seacrest Petroleo Bermuda'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
=( (29.489 + 31.757) / 2 ) / 25.049*365 / 4
=30.623 / 25.049*365 / 4
=111.56

* 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  (FRA:Z2UA) 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 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.

Seacrest Petroleo Bermuda'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.


Seacrest Petroleo Bermuda Days Inventory Related Terms

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


Seacrest Petroleo Bermuda (FRA:Z2UA) Business Description

Traded in Other Exchanges
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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