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South West Pinnacle Exploration (NSE:SOUTHWEST) Days Inventory : 161.31 (As of Dec. 2023)


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What is South West Pinnacle Exploration Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). South West Pinnacle Exploration's Average Total Inventories for the three months ended in Dec. 2023 was ₹425 Mil. South West Pinnacle Exploration's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹240 Mil. Hence, South West Pinnacle Exploration's Days Inventory for the three months ended in Dec. 2023 was 161.31.

The historical rank and industry rank for South West Pinnacle Exploration's Days Inventory or its related term are showing as below:

NSE:SOUTHWEST' s Days Inventory Range Over the Past 10 Years
Min: 206.01   Med: 362.57   Max: 524.8
Current: 227.39

During the past 7 years, South West Pinnacle Exploration's highest Days Inventory was 524.80. The lowest was 206.01. And the median was 362.57.

NSE:SOUTHWEST's Days Inventory is ranked worse than
94.13% of 732 companies
in the Oil & Gas industry
Industry Median: 31.94 vs NSE:SOUTHWEST: 227.39

South West Pinnacle Exploration's Days Inventory declined from Dec. 2022 (163.71) to Dec. 2023 (161.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. South West Pinnacle Exploration's Inventory Turnover for the three months ended in Dec. 2023 was 0.57.

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. South West Pinnacle Exploration's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.01.


South West Pinnacle Exploration Days Inventory Historical Data

The historical data trend for South West Pinnacle Exploration'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.

South West Pinnacle Exploration Days Inventory Chart

South West Pinnacle Exploration Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 362.57 524.80 463.34 433.93 226.30

South West Pinnacle Exploration Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 163.71 214.78 299.32 328.15 161.31

Competitive Comparison of South West Pinnacle Exploration's Days Inventory

For the Oil & Gas Equipment & Services subindustry, South West Pinnacle Exploration'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.


South West Pinnacle Exploration's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, South West Pinnacle Exploration's Days Inventory distribution charts can be found below:

* The bar in red indicates where South West Pinnacle Exploration's Days Inventory falls into.



South West Pinnacle Exploration Days Inventory Calculation

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

South West Pinnacle Exploration's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (350.852 + 414.483) / 2 ) / 617.21*365
=382.6675 / 617.21*365
=226.30

South West Pinnacle Exploration's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (424.932 + 0) / 1 ) / 240.381*365 / 4
=424.932 / 240.381*365 / 4
=161.31

* 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.


South West Pinnacle Exploration  (NSE:SOUTHWEST) 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.

South West Pinnacle Exploration's Inventory Turnover for the three months ended in Dec. 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.

South West Pinnacle Exploration's Inventory to Revenue for the three months ended in Dec. 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.


South West Pinnacle Exploration Days Inventory Related Terms

Thank you for viewing the detailed overview of South West Pinnacle Exploration's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


South West Pinnacle Exploration (NSE:SOUTHWEST) Business Description

Traded in Other Exchanges
Address
Siddhartha House, Plot No. 15, Ground Floor, Sector-44, Gurgaon, HR, IND, 122003
South West Pinnacle Exploration Ltd is an India-based exploration services company. It provides end to end drilling, exploration, and allied services to coal, ferrous, non-ferrous, and atomic and base metal mining and water and unconventional energy industries. The company offers consultancy for geological field services and allied services. In addition, it also renders exploration services including geophysical logging, surface geophysical and topographic surveys. The company also administers services such as aquifer mapping, coal bed methane exploration and production, coal and mineral exploration, and workover rig services. It has a business presence in India and the Overseas market.

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