Channel Infrastructure NZ (Channel Infrastructure NZ) Days Inventory : 227.39 (As of Dec. 2023)

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What is Channel Infrastructure NZ Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Channel Infrastructure NZ's Average Total Inventories for the six months ended in Dec. 2023 was $3.42 Mil. Channel Infrastructure NZ's Cost of Goods Sold for the six months ended in Dec. 2023 was $2.75 Mil. Hence, Channel Infrastructure NZ's Days Inventory for the six months ended in Dec. 2023 was 227.39.

The historical rank and industry rank for Channel Infrastructure NZ's Days Inventory or its related term are showing as below:

NZRFF' s Days Inventory Range Over the Past 10 Years
Min: 8.2 Med: 13.46 Max: 329.08
Current: 229.78

During the past 13 years, Channel Infrastructure NZ's highest Days Inventory was 329.08. The lowest was 8.20. And the median was 13.46.

NZRFF's Days Inventory is ranked worse than
94.38% of 730 companies
in the Oil & Gas industry
Industry Median: 31.72 vs NZRFF: 229.78

Channel Infrastructure NZ's Days Inventory declined from Dec. 2022 (237.82) to Dec. 2023 (227.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Channel Infrastructure NZ's Inventory Turnover for the six months ended in Dec. 2023 was 0.80.

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. Channel Infrastructure NZ's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.

Channel Infrastructure NZ Days Inventory Historical Data

The historical data trend for Channel Infrastructure NZ'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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Channel Infrastructure NZ Days Inventory Chart

Channel Infrastructure NZ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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9.05

13.48

13.43

335.41

228.00

Channel Infrastructure NZ Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															10.16	207.30	237.82	238.75	227.39

Competitive Comparison of Channel Infrastructure NZ's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.

Channel Infrastructure NZ's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Channel Infrastructure NZ's Days Inventory falls into.

Channel Infrastructure NZ Days Inventory Calculation

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

Channel Infrastructure NZ'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
=	( (3.213	+	3.431)	/	2 )	/	5.318	*	365
=	3.322					/	5.318	*	365
=	228.00

Channel Infrastructure NZ'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.417	+	3.431)	/	2 )	/	2.748	*	365 / 2
=	3.424					/	2.748	*	365 / 2
=	227.39

Channel Infrastructure NZ (OTCPK:NZRFF) 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.

Channel Infrastructure NZ's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.748	/	3.424
	=	0.80

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.

Channel Infrastructure NZ's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.424	/	43.268
	=	0.08

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.

Channel Infrastructure NZ Days Inventory Related Terms

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

Channel Infrastructure NZ (Channel Infrastructure NZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Channel Infrastructure NZ Ltd (OTCPK:NZRFF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CHI:New Zealand

Address

Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148

Website

https://www.channelnz.com

Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.