Trinidad and Tobago NGL (TRN:NGL) Days Inventory : 0.00 (As of . 20)

View and export this data going back to 2015. Start your Free Trial

What is Trinidad and Tobago NGL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trinidad and Tobago NGL's Average Total Inventories for the six months ended in . 20 was TTD0.00 Mil. Trinidad and Tobago NGL's Cost of Goods Sold for the six months ended in . 20 was TTD0.00 Mil.

The historical rank and industry rank for Trinidad and Tobago NGL's Days Inventory or its related term are showing as below:

TRN:NGL's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.415
* Ranked among companies with meaningful Days Inventory only.

Trinidad and Tobago NGL's Days Inventory stayed the same from . 20 (0.00) to . 20 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

Trinidad and Tobago NGL Days Inventory Historical Data

The historical data trend for Trinidad and Tobago NGL'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.

Trinidad and Tobago NGL Days Inventory Chart

Trinidad and Tobago NGL Annual Data

Trend

Days Inventory

Trinidad and Tobago NGL Semi-Annual Data

Days Inventory

Competitive Comparison of Trinidad and Tobago NGL's Days Inventory

For the Oil & Gas Midstream subindustry, Trinidad and Tobago NGL'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.

Trinidad and Tobago NGL's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trinidad and Tobago NGL's Days Inventory falls into.

Save Embed

;

Save Embed

;

Trinidad and Tobago NGL Days Inventory Calculation

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

Trinidad and Tobago NGL's Days Inventory for the fiscal year that ended in . 20 is calculated as

	Days Inventory (A: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Trinidad and Tobago NGL's Days Inventory for the quarter that ended in . 20 is calculated as:

	Days Inventory (Q: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365 / 2
=	0					/		*	365 / 2
=	N/A

Trinidad and Tobago NGL (TRN:NGL) 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.

Trinidad and Tobago NGL's Inventory Turnover for the six months ended in . 20 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=		/	0
	=

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.

Trinidad and Tobago NGL's Inventory to Revenue for the six months ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/
	=

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.

Trinidad and Tobago NGL Days Inventory Related Terms

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

Trinidad and Tobago NGL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinidad and Tobago NGL Ltd (TRN:NGL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Orinoco Drive, Point Lisas Industrial Estate, Point Lisas, Couva, TTO

Website

https://www.ngl.co.tt

Trinidad and Tobago NGL Ltd along with Phoenix Park Gas Processors Ltd operates in the midstream of the natural gas-based energy sector. It purchases, transmits, sells, and distributes natural gas to industrial and commercial users.