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SLTQY (SNGN Romgaz) Days Inventory : 104.72 (As of Sep. 2023)


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What is SNGN Romgaz Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SNGN Romgaz's Average Total Inventories for the three months ended in Sep. 2023 was $57 Mil. SNGN Romgaz's Cost of Goods Sold for the three months ended in Sep. 2023 was $50 Mil. Hence, SNGN Romgaz's Days Inventory for the three months ended in Sep. 2023 was 104.72.

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

SLTQY's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 32.235
* Ranked among companies with meaningful Days Inventory only.

SNGN Romgaz's Days Inventory increased from Sep. 2022 (84.27) to Sep. 2023 (104.72). It might indicate that SNGN Romgaz's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SNGN Romgaz's Inventory Turnover for the three months ended in Sep. 2023 was 0.87.

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. SNGN Romgaz's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.14.


SNGN Romgaz Days Inventory Historical Data

The historical data trend for SNGN Romgaz'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.

SNGN Romgaz Days Inventory Chart

SNGN Romgaz Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.50 119.54 135.14 85.73 96.14

SNGN Romgaz Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 84.27 69.04 93.48 99.11 104.72

Competitive Comparison of SNGN Romgaz's Days Inventory

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.


SNGN Romgaz's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where SNGN Romgaz's Days Inventory falls into.



SNGN Romgaz Days Inventory Calculation

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

SNGN Romgaz's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (66.73 + 62.088) / 2 ) / 244.541*365
=64.409 / 244.541*365
=96.14

SNGN Romgaz's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (54.826 + 59.894) / 2 ) / 49.983*365 / 4
=57.36 / 49.983*365 / 4
=104.72

* 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.


SNGN Romgaz  (OTCPK:SLTQY) 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.

SNGN Romgaz's Inventory Turnover for the three months ended in Sep. 2023 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.

SNGN Romgaz's Inventory to Revenue for the three months ended in Sep. 2023 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.


SNGN Romgaz Days Inventory Related Terms

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


SNGN Romgaz Business Description

Traded in Other Exchanges
Address
4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130
SNGN Romgaz SA is Romania's largest natural gas producer and supplier, operating in 8 onshore exploration blocks. The company has upstream, storage, and electricity production segments, as well as other activities. Romgaz engages in various activities, including upstream operations like exploring natural gas reserves, producing and trading gas extracted from domestic or imported sources for resale. These activities are carried out by the head office, Media? and Mure? branches, and subsidiary Romgaz Black Sea Limited. Depogaz, a subsidiary of Romgaz, is responsible for storage activities. Iernut branch is involved in electricity production and distribution activities. Additionally, Romgaz performs other activities such as technological transport, operations on wells, and corporate.