Magnus Energy Group (HAM:SHH1) Days Inventory : 23.37 (As of Dec. 2021)

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What is Magnus Energy Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Magnus Energy Group's Average Total Inventories for the three months ended in Dec. 2021 was €0.51 Mil. Magnus Energy Group's Cost of Goods Sold for the three months ended in Dec. 2021 was €2.01 Mil. Hence, Magnus Energy Group's Days Inventory for the three months ended in Dec. 2021 was 23.37.

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

HAM:SHH1' s Days Inventory Range Over the Past 10 Years
Min: 39.59 Med: 86.52 Max: 120.69
Current: 33.45

During the past 13 years, Magnus Energy Group's highest Days Inventory was 120.69. The lowest was 39.59. And the median was 86.52.

HAM:SHH1's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.94 vs HAM:SHH1: 33.45

Magnus Energy Group's Days Inventory declined from Sep. 2020 (25.97) to Dec. 2021 (23.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Magnus Energy Group's Inventory Turnover for the three months ended in Dec. 2021 was 3.90.

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. Magnus Energy Group's Inventory-to-Revenue for the three months ended in Dec. 2021 was 0.23.

Magnus Energy Group Days Inventory Historical Data

The historical data trend for Magnus Energy Group'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.

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Magnus Energy Group Days Inventory Chart

Magnus Energy Group Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Days Inventory

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112.45

113.39

59.24

39.05

25.85

Magnus Energy Group Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21
Days Inventory	Get a 7-Day Free Trial															25.97	34.15	28.32	23.44	23.37

Competitive Comparison of Magnus Energy Group's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Magnus Energy Group'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.

Magnus Energy Group's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Magnus Energy Group's Days Inventory falls into.

Magnus Energy Group Days Inventory Calculation

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

Magnus Energy Group's Days Inventory for the fiscal year that ended in Jun. 2020 is calculated as

	Days Inventory (A: Jun. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2019 )	+	Total Inventories (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (0.879	+	0.344)	/	2 )	/	8.635	*	365
=	0.6115					/	8.635	*	365
=	25.85

Magnus Energy Group's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

	Days Inventory (Q: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (0.444	+	0.585)	/	2 )	/	2.009	*	365 / 4
=	0.5145					/	2.009	*	365 / 4
=	23.37

Magnus Energy Group (HAM:SHH1) 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.

Magnus Energy Group's Inventory Turnover for the three months ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.009	/	0.5145
	=	3.90

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.

Magnus Energy Group's Inventory to Revenue for the three months ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.5145	/	2.286
	=	0.23

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.

Magnus Energy Group Days Inventory Related Terms

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

Magnus Energy Group (HAM:SHH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnus Energy Group Ltd (HAM:SHH1) » Definitions » Days Inventory

Comparable Companies

SGX:EB7 SGX:5OR SGX:42D SGX:557 SGX:578 SGX:5PL SGX:BLZ SGX:RF7 SGX:5G2 SGX:BDU SGX:M05 SGX:5NF SGX:5QT SGX:BLH SGX:BTP SGX:IX2 SGX:C13 SGX:5ME

Traded in Other Exchanges

N/A

Address

30 Cecil Street, No 19-08, Prudential Tower, Singapore, SGP, 049712

Website

https://www.magnusenergy.com.sg

Magnus Energy Group Ltd through its subsidiaries is engaged in the distribution of oil and gas equipment and trades renewable energy and natural resources. The company reportable segments are Oilfield equipment supply and services, Waste water treatment, Renewable energy, Drilling services, EPCC services and Investment holding.. It generates maximum revenue from Oilfield equipment supply and services segment. The company operates in Singapore, Australia, Malaysia, Indonesia, United States of America, United Arab Emirates and others.

Magnus Energy Group (HAM:SHH1) Headlines

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