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PARR (Par Pacific Holdings) Days Inventory : 54.89 (As of Sep. 2024)


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What is Par Pacific Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Par Pacific Holdings's Average Total Inventories for the three months ended in Sep. 2024 was $1,165 Mil. Par Pacific Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,937 Mil. Hence, Par Pacific Holdings's Days Inventory for the three months ended in Sep. 2024 was 54.89.

The historical rank and industry rank for Par Pacific Holdings's Days Inventory or its related term are showing as below:

PARR' s Days Inventory Range Over the Past 10 Years
Min: 35.01   Med: 47.01   Max: 62.82
Current: 58.1

During the past 13 years, Par Pacific Holdings's highest Days Inventory was 62.82. The lowest was 35.01. And the median was 47.01.

PARR's Days Inventory is ranked worse than
72.16% of 704 companies
in the Oil & Gas industry
Industry Median: 31.715 vs PARR: 58.10

Par Pacific Holdings's Days Inventory increased from Sep. 2023 (50.98) to Sep. 2024 (54.89). It might indicate that Par Pacific Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Par Pacific Holdings's Inventory Turnover for the three months ended in Sep. 2024 was 1.66.

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. Par Pacific Holdings's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.54.


Par Pacific Holdings Days Inventory Historical Data

The historical data trend for Par Pacific Holdings'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.

Par Pacific Holdings Days Inventory Chart

Par Pacific Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.01 62.82 50.24 51.64 57.77

Par Pacific Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 50.98 59.47 58.78 60.54 54.89

Competitive Comparison of Par Pacific Holdings's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Par Pacific Holdings'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.


Par Pacific Holdings's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Par Pacific Holdings's Days Inventory falls into.



Par Pacific Holdings Days Inventory Calculation

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

Par Pacific Holdings'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
=( (1041.983 + 1160.395) / 2 ) / 6957.939*365
=1101.189 / 6957.939*365
=57.77

Par Pacific Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1258.337 + 1071.923) / 2 ) / 1937.079*365 / 4
=1165.13 / 1937.079*365 / 4
=54.89

* 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.


Par Pacific Holdings  (NYSE:PARR) 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.

Par Pacific Holdings's Inventory Turnover for the three months ended in Sep. 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.

Par Pacific Holdings's Inventory to Revenue for the three months ended in Sep. 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.


Par Pacific Holdings Days Inventory Related Terms

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


Par Pacific Holdings Business Description

Traded in Other Exchanges
Address
825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refineries, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
Executives
Ivan Daniel Guerra officer: Corporate Controller 800 GESSNER RD., SUITE 875, HOUSTON TX 77024
Jeffrey Ryan Hollis officer: General Counsel and Secretary 825 TOWN & COUNTRY LANE, SUITE 825, HOUSTON TX 77024
William Pate director
Shawn David Flores officer: See Remarks 825 TOWN & COUNTRY LN., SUITE 1500, HOUSTON TX 77024
William Monteleone director, officer: Senior VP of M&A TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Patricia Martinez director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Aaron Zell director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Danielle Mattiussi officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Jim Yates officer: Senior Vice President ONE MEMORIAL PLAZA, 800 GESSNER ROAD SUITE 875, HOUSTON TX 77024
L Melvin Cooper director 2930 W. SAM HOUSTON PARKWAY N, SUITE 300, HOUSTON TX 77043
Chai Trust Co Llc 10 percent owner TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Zell Credit Opportunities Master Fund, L.p. 10 percent owner 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Richard Creamer officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Melvyn N Klein director 615 UPPER BROADWAY, STE 1940, CORPUS CHRISTI TX 78477
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024