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SGCSF (Australian Oil Co) Days Inventory : 0.00 (As of Jun. 2024)


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What is Australian Oil Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Australian Oil Co's Average Total Inventories for the six months ended in Jun. 2024 was $0.07 Mil. Australian Oil Co's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.00 Mil.

The historical rank and industry rank for Australian Oil Co's Days Inventory or its related term are showing as below:

SGCSF' s Days Inventory Range Over the Past 10 Years
Min: 2.22   Med: 2.82   Max: 15.13
Current: 15.13

During the past 13 years, Australian Oil Co's highest Days Inventory was 15.13. The lowest was 2.22. And the median was 2.82.

SGCSF's Days Inventory is ranked better than
69.32% of 704 companies
in the Oil & Gas industry
Industry Median: 31.715 vs SGCSF: 15.13

Australian Oil Co's Days Inventory declined from Jun. 2023 (7.63) to Jun. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Australian Oil Co's Inventory Turnover for the six months ended in Jun. 2024 was 0.00.

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. Australian Oil Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.33.


Australian Oil Co Days Inventory Historical Data

The historical data trend for Australian Oil Co'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.

Australian Oil Co Days Inventory Chart

Australian Oil Co Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.81 2.25 6.08

Australian Oil Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.11 3.74 7.63 7.74 -

Competitive Comparison of Australian Oil Co's Days Inventory

For the Oil & Gas E&P subindustry, Australian Oil Co'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.


Australian Oil Co's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Australian Oil Co's Days Inventory falls into.



Australian Oil Co Days Inventory Calculation

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

Australian Oil Co'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
=( (0.084 + 0.065) / 2 ) / 4.472*365
=0.0745 / 4.472*365
=6.08

Australian Oil Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.065 + 0) / 1 ) / 0*365 / 2
=0.065 / 0*365 / 2
=N/A

* 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.


Australian Oil Co  (OTCPK:SGCSF) 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.

Australian Oil Co's Inventory Turnover for the six months ended in Jun. 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.

Australian Oil Co's Inventory to Revenue for the six months ended in Jun. 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.


Australian Oil Co Days Inventory Related Terms

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


Australian Oil Co Business Description

Traded in Other Exchanges
Address
215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008
Australian Oil Co Ltd is an oil and gas company. It focused on unconventional onshore oil & gas exploration, development, and production in the USA. Its project includes Tuscaloosa Marine Shale.

Australian Oil Co Headlines

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