PJSC Lukoil (LSE:31KX) Days Inventory: 11.53 (As of Sep. 2023) — 62% Below Median


What is PJSC Lukoil Days Inventory?

PJSC Lukoil LSE:31KX 17 Days Inventory is 11.53 as of Sep. 2023, which is 62% below its 10-year median of 30.27. GuruFocus rates LSE:31KX with a GF Score™ of 17/100. The stock has 6 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). PJSC Lukoil's Average Total Inventories for the three months ended in Sep. 2023 was £639.27 Mil. PJSC Lukoil's Cost of Goods Sold for the three months ended in Sep. 2023 was £5,057.18 Mil. Hence, PJSC Lukoil's Days Inventory for the three months ended in Sep. 2023 was 11.53.

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

LSE:31KX' s Days Inventory Range Over the Past 10 Years
Min: 7.62   Med: 30.27   Max: 42.19
Current: 13.09

During the past 13 years, PJSC Lukoil's highest Days Inventory was 42.19. The lowest was 7.62. And the median was 30.27.

LSE:31KX's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31 vs LSE:31KX: 13.09

PJSC Lukoil's Days Inventory declined from Sep. 2022 (13.01) to Sep. 2023 (11.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. PJSC Lukoil's Inventory Turnover for the three months ended in Sep. 2023 was 7.91.

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. PJSC Lukoil's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.09.


PJSC Lukoil  (LSE:31KX) 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.

PJSC Lukoil'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.

PJSC Lukoil'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.


PJSC Lukoil Days Inventory Related Terms


PJSC Lukoil Days Inventory Historical Data

* Premium members only.

The historical data trend for PJSC Lukoil'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.

PJSC Lukoil Days Inventory Chart

PJSC Lukoil 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 26.88 27.96 25.19 7.62 9.40

PJSC Lukoil Quarterly Data
Dec18 Mar19 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 13.01 13.96 15.29 12.79 11.53

LSE:31KX vs XOM, CVX: Days Inventory Comparison

For the Oil & Gas Integrated subindustry, PJSC Lukoil'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.


PJSC Lukoil Days Inventory vs Oil & Gas Industry

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

* The bar in red indicates where PJSC Lukoil's Days Inventory falls into.



PJSC Lukoil Days Inventory Calculation

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

PJSC Lukoil'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
=( (655.526 + 577.464) / 2 ) / 23946.237*365
=616.495 / 23946.237*365
=9.40

PJSC Lukoil'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
=( (524.634 + 753.901) / 2 ) / 5057.175*365 / 4
=639.2675 / 5057.175*365 / 4
=11.53

* 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 11.53 mean?
PJSC Lukoil (LSE:31KX) has a Days Inventory of 11.53 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PJSC Lukoil and its competitors. This is 62% below median its historical median of 30.27. Over the past decade, PJSC Lukoil's Days Inventory has ranged from 7.62 to 42.19.
Is PJSC Lukoil's Days Inventory too high?
PJSC Lukoil's current Days Inventory of 11.53 is 62% below median its 10-year median of 30.27. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 42.19. The Oil & Gas industry median Days Inventory is 31.00. PJSC Lukoil's value of 11.53 is 62.8% below this industry median. Overall, PJSC Lukoil has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Lukoil's Days Inventory compare to XOM and CVX?
PJSC Lukoil's Days Inventory of 11.53 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.00. PJSC Lukoil's value of 11.53 is 62.8% below this benchmark. Historically, PJSC Lukoil's own Days Inventory has ranged from 7.62 to 42.19 over the past decade. While the company's 10-year median is 30.27 vs. the industry median of 31.00, PJSC Lukoil has consistently been below the industry average. 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 684 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. PJSC Lukoil's current Days Inventory of 11.53 is 62.8% below 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 PJSC Lukoil 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. PJSC Lukoil's current Days Inventory is 11.53, which is 62% below median its own 10-year median of 30.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Lukoil stock overvalued right now?
PJSC Lukoil (LSE:31KX) has a current Days Inventory of 11.53. The current Days Inventory is 11.53, which is 62% below median its 10-year median of 30.27 and 62.8% below the Oil & Gas industry median of 31.00. PJSC Lukoil's overall GF Score™ is 17/100 with 6 warning signs to review. 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 PJSC Lukoil (LSE:31KX), the current Days Inventory is 11.53 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.

PJSC Lukoil Business Description

Industry EnergyOil & Gas
Address 11, Sretensky Boulevard, Moscow, RUS, 101000
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.