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Geo Jade Petroleum (SHSE:600759) Days Inventory : 46.24 (As of Mar. 2024)


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What is Geo Jade Petroleum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Geo Jade Petroleum's Average Total Inventories for the three months ended in Mar. 2024 was ¥134 Mil. Geo Jade Petroleum's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥265 Mil. Hence, Geo Jade Petroleum's Days Inventory for the three months ended in Mar. 2024 was 46.24.

The historical rank and industry rank for Geo Jade Petroleum's Days Inventory or its related term are showing as below:

SHSE:600759' s Days Inventory Range Over the Past 10 Years
Min: 17.3   Med: 31.84   Max: 1009.44
Current: 42.43

During the past 13 years, Geo Jade Petroleum's highest Days Inventory was 1009.44. The lowest was 17.30. And the median was 31.84.

SHSE:600759's Days Inventory is ranked worse than
60.41% of 730 companies
in the Oil & Gas industry
Industry Median: 31.94 vs SHSE:600759: 42.43

Geo Jade Petroleum's Days Inventory increased from Mar. 2023 (45.77) to Mar. 2024 (46.24). It might indicate that Geo Jade Petroleum's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Geo Jade Petroleum's Inventory Turnover for the three months ended in Mar. 2024 was 1.97.

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. Geo Jade Petroleum's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.21.


Geo Jade Petroleum Days Inventory Historical Data

The historical data trend for Geo Jade Petroleum'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.

Geo Jade Petroleum Days Inventory Chart

Geo Jade Petroleum 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 27.84 25.78 26.01 28.07 35.61

Geo Jade Petroleum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 45.77 35.27 49.71 39.22 46.24

Competitive Comparison of Geo Jade Petroleum's Days Inventory

For the Oil & Gas E&P subindustry, Geo Jade Petroleum'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.


Geo Jade Petroleum's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Geo Jade Petroleum's Days Inventory falls into.



Geo Jade Petroleum Days Inventory Calculation

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

Geo Jade Petroleum'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
=( (71.599 + 131.641) / 2 ) / 1041.703*365
=101.62 / 1041.703*365
=35.61

Geo Jade Petroleum's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (131.641 + 136.705) / 2 ) / 264.79*365 / 4
=134.173 / 264.79*365 / 4
=46.24

* 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.


Geo Jade Petroleum  (SHSE:600759) 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.

Geo Jade Petroleum's Inventory Turnover for the three months ended in Mar. 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.

Geo Jade Petroleum's Inventory to Revenue for the three months ended in Mar. 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.


Geo Jade Petroleum Days Inventory Related Terms

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


Geo Jade Petroleum (SHSE:600759) Business Description

Traded in Other Exchanges
N/A
Address
26 Xiayun Road, Eagle building, Abloack level3 (3A), Chaoyang District, Beijing, CHN
Geo Jade Petroleum Corp is a China-based oil and gas exploration and development company. Its projects include Maten Petroleum, KoZhaN JSC, North Caspian Petroleum and Sozak Oil and Gas. In addition, the company is also involved in the investment management business.
Executives
Zhang Shi Ming Director
Guo Yi Director
Wang Wen Tao Director
Liu Jian Feng senior management
Lang Ying Director
Liao Yong Supervisors
Tan Xuan senior management
Huang Jie Supervisors
Yu Yang Supervisors
He Xi senior management
Hu Hui Ping senior management
Chen Xue Yun senior management
Qu Ning senior management
Wu Guang Da Supervisors
Fan Hui senior management

Geo Jade Petroleum (SHSE:600759) Headlines

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