Ghana Oil Co (XGHA:GOIL) Days Inventory: 10.37 (As of Dec. 2025) — Near Median


XGHA:GOIL Ghana Oil Co Ltd XGHA:GOIL
76 GF Score
Price GHS7.98
GF Value GHS1.52
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Ghana Oil Co Days Inventory?

Ghana Oil Co XGHA:GOIL 76 Days Inventory is 10.37 as of Dec. 2025, which is 8% above its 10-year median of 9.63. GuruFocus rates XGHA:GOIL with a GF Score™ of 76/100 and a GF Value™ of GHS1.52 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 687 Oil & Gas companies, Ghana Oil Co ranks better than 77.58% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Ghana Oil Co's Average Total Inventories for the six months ended in Dec. 2025 was GHS467 Mil. Ghana Oil Co's Cost of Goods Sold for the six months ended in Dec. 2025 was GHS16,437 Mil. Hence, Ghana Oil Co's Days Inventory for the six months ended in Dec. 2025 was 5.19.

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

XGHA:GOIL' s Days Inventory Range Over the Past 10 Years
Min: 4.59   Med: 9.63   Max: 14.45
Current: 10.37

During the past 13 years, Ghana Oil Co's highest Days Inventory was 14.45. The lowest was 4.59. And the median was 9.63.

XGHA:GOIL's Days Inventory is ranked better than
77.58% of 687 companies
in the Oil & Gas industry
Industry Median: 31.01 vs XGHA:GOIL: 10.37

Ghana Oil Co's Days Inventory declined from Dec. 2023 (14.45) to Dec. 2025 (10.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ghana Oil Co's Inventory Turnover for the six months ended in Dec. 2025 was 35.19.

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. Ghana Oil Co's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.03.


Ghana Oil Co  (XGHA:GOIL) 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.

Ghana Oil Co's Inventory Turnover for the six months ended in Dec. 2025 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.

Ghana Oil Co's Inventory to Revenue for the six months ended in Dec. 2025 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.


Ghana Oil Co Days Inventory Related Terms


Ghana Oil Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Ghana 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.

Ghana Oil Co Days Inventory Chart

Ghana Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.39 9.86 14.45 12.61 10.37

Ghana Oil Co Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 9.39 9.86 14.45 12.61 10.37

XGHA:GOIL vs VLO, MPC, PSX: Days Inventory Comparison

For the Oil & Gas Refining & Marketing subindustry, Ghana 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.


Ghana Oil Co Days Inventory vs Oil & Gas Industry

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

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


XGHA:GOIL
76GF Score
Ghana Oil Co Ltd XGHA:GOIL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghana Oil Co Days Inventory Calculation

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

Ghana Oil Co's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (595.478 + 338.654) / 2 ) / 16436.734*365
=467.066 / 16436.734*365
=10.37

Ghana Oil Co's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (595.478 + 338.654) / 2 ) / 16436.734*365 / 2
=467.066 / 16436.734*365 / 2
=5.19

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 10.37 mean?
Ghana Oil Co (XGHA:GOIL) has a Days Inventory of 10.37 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ghana Oil Co and its competitors. This is near median its historical median of 9.63. Over the past decade, Ghana Oil Co's Days Inventory has ranged from 4.59 to 14.45. According to the industry distribution chart, Ghana Oil Co ranks #154 out of 687 companies in the Oil & Gas industry, placing it in the top 22.4%.
Is Ghana Oil Co's Days Inventory too high?
Ghana Oil Co's current Days Inventory of 10.37 is near median its 10-year median of 9.63. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 14.45. The Oil & Gas industry median Days Inventory is 31.01. Ghana Oil Co's value of 10.37 is 66.6% below this industry median. Based on the distribution chart, Ghana Oil Co ranks #154 out of 687 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ghana Oil Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's Days Inventory compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #154 out of 687 companies for Days Inventory. This places Ghana Oil Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Inventory is 31.01. Ghana Oil Co's value of 10.37 is 66.6% below this benchmark. Historically, Ghana Oil Co's own Days Inventory has ranged from 4.59 to 14.45 over the past decade. While the company's 10-year median is 9.63 vs. the industry median of 31.01, Ghana Oil Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ghana Oil Co's current Days Inventory of 10.37 is 66.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ghana Oil Co and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current Days Inventory is 10.37, which is near median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.52, compared to a current price of GHS7.98 — trading 425% above its estimated fair value. The current Days Inventory is 10.37, which is near median its 10-year median of 9.63 and 66.6% below the Oil & Gas industry median of 31.01. Ghana Oil Co's overall GF Score™ is 76/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current Days Inventory is 10.37 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued. The current stock price of GHS7.98 is trading 425% above its estimated GF Value™ of GHS1.52. GuruFocus considers Ghana Oil Co to be Significantly Overvalued.

Key valuation signals for XGHA:GOIL:

  • Days Inventory: 10.37 (near median its 10-year median of 9.63)
  • GF Value™: GHS1.52 vs. price of GHS7.98 (425% above fair value)
  • GF Score™: 76/100 with 9 warning signs
  • Industry Position: 66.6% below the Oil & Gas median (#154 of 687)

No single metric tells the full story. See the XGHA:GOIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ghana Oil Co Business Description

Industry EnergyOil & Gas
Address Junction of Kojo Thompson and Adjabeng Roads, House Number D659/4, P. O. Box GP 3183, Adabraka, Accra, GHA
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
76GF Score

Get the complete analysis for XGHA:GOIL

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS7.98
Price
GHS1.52
GF Value