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OII (Oceaneering International) Days Inventory : 37.08 (As of Dec. 2024)


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What is Oceaneering International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oceaneering International's Average Total Inventories for the three months ended in Dec. 2024 was $232 Mil. Oceaneering International's Cost of Goods Sold for the three months ended in Dec. 2024 was $572 Mil. Hence, Oceaneering International's Days Inventory for the three months ended in Dec. 2024 was 37.08.

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

OII' s Days Inventory Range Over the Past 10 Years
Min: 33.53   Med: 35.9   Max: 55.75
Current: 37.66

During the past 13 years, Oceaneering International's highest Days Inventory was 55.75. The lowest was 33.53. And the median was 35.90.

OII's Days Inventory is ranked worse than
54.89% of 696 companies
in the Oil & Gas industry
Industry Median: 32.415 vs OII: 37.66

Oceaneering International's Days Inventory increased from Dec. 2023 (34.74) to Dec. 2024 (37.08). It might indicate that Oceaneering International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oceaneering International's Inventory Turnover for the three months ended in Dec. 2024 was 2.46.

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. Oceaneering International's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.33.


Oceaneering International Days Inventory Historical Data

The historical data trend for Oceaneering International'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.

Oceaneering International Days Inventory Chart

Oceaneering International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.66 33.53 35.08 35.51 36.29

Oceaneering International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 34.74 38.42 37.28 39.31 37.08

Competitive Comparison of Oceaneering International's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Oceaneering International'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.


Oceaneering International's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oceaneering International's Days Inventory falls into.


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Oceaneering International Days Inventory Calculation

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

Oceaneering International's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (209.798 + 222.849) / 2 ) / 2175.667*365
=216.3235 / 2175.667*365
=36.29

Oceaneering International's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (241.576 + 222.849) / 2 ) / 571.513*365 / 4
=232.2125 / 571.513*365 / 4
=37.08

* 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.


Oceaneering International  (NYSE:OII) 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.

Oceaneering International's Inventory Turnover for the three months ended in Dec. 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.

Oceaneering International's Inventory to Revenue for the three months ended in Dec. 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.


Oceaneering International Days Inventory Related Terms

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


Oceaneering International Business Description

Traded in Other Exchanges
Address
5875 North Sam Houston Parkway West, Suite 400, Houston, TX, USA, 77086
Oceaneering International Inc is a provider of engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. A majority of its products are produced for the offshore oil and gas market. The company's business segments are Integrity Management and Digital Solutions, Subsea Robotics, Manufactured Products, Offshore Projects Group, and Aerospace and Defense Technologies. Maximum revenue is generated from its Subsea Robotics segment, which provides remotely operated vehicles (ROVs) for drill support and vessel-based services, underwater surveys, tooling, and other activities. Geographically, the company derives its key revenue from the United States, followed by Africa, Norway, Brazil, and other regions.
Executives
Leonardo P Granato officer: SVP, IMDS 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Karen H Beachy director PO BOX 1400, RAPID CITY SD 57709
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Alan R Curtis officer: SVP and CFO 11911 FM 529, HOUSTON TX 77041
Earl Childress officer: SVP, Chief Commercial Ofc. 11911 FM 529, HOUSTON TX 77041
Shaun Roedel officer: SVP, Mfd. Prods. 11911 FM 529, HOUSTON TX 77041
Christopher J Dyer officer: SVP, OPGroup 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Deanna L Goodwin director 11911 FM 529, HOUSTON TX 77041
T Jay Collins director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
William B Berry director C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Jennifer Fremont Simons officer: SVP, CLO and Secretary 5875 N. SAM HOUSTON PKWY. W., SUITE 400, HOUSTON TX 77086
Martin J Mcdonald officer: SVP, Subsea Robotics 11911 FM 529, HOUSTON TX 77041
Jon Erik Reinhardsen director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002