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Maten Petroleum JSC (XKAZ:MATN) Days Inventory : 49.45 (As of Mar. 2024)


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What is Maten Petroleum JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maten Petroleum JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₸5,347 Mil. Maten Petroleum JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₸9,866 Mil. Hence, Maten Petroleum JSC's Days Inventory for the three months ended in Mar. 2024 was 49.45.

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

XKAZ:MATN' s Days Inventory Range Over the Past 10 Years
Min: 27.8   Med: 37.46   Max: 48.81
Current: 48.54

During the past 13 years, Maten Petroleum JSC's highest Days Inventory was 48.81. The lowest was 27.80. And the median was 37.46.

XKAZ:MATN's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.94 vs XKAZ:MATN: 48.54

Maten Petroleum JSC's Days Inventory declined from Mar. 2023 (63.70) to Mar. 2024 (49.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maten Petroleum JSC's Inventory Turnover for the three months ended in Mar. 2024 was 1.85.

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. Maten Petroleum JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.17.


Maten Petroleum JSC Days Inventory Historical Data

The historical data trend for Maten Petroleum JSC'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.

Maten Petroleum JSC Days Inventory Chart

Maten Petroleum JSC 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 30.95 35.83 31.89 36.33 38.59

Maten Petroleum JSC 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 63.70 38.67 59.06 49.62 49.45

Competitive Comparison of Maten Petroleum JSC's Days Inventory

For the Oil & Gas E&P subindustry, Maten Petroleum JSC'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.


Maten Petroleum JSC's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Maten Petroleum JSC's Days Inventory falls into.



Maten Petroleum JSC Days Inventory Calculation

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

Maten Petroleum JSC'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
=( (4349.386 + 5308.697) / 2 ) / 45672.599*365
=4829.0415 / 45672.599*365
=38.59

Maten Petroleum JSC'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
=( (5308.697 + 5385.001) / 2 ) / 9865.882*365 / 4
=5346.849 / 9865.882*365 / 4
=49.45

* 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.


Maten Petroleum JSC  (XKAZ:MATN) 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.

Maten Petroleum JSC'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.

Maten Petroleum JSC'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.


Maten Petroleum JSC Days Inventory Related Terms

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


Maten Petroleum JSC (XKAZ:MATN) Business Description

Traded in Other Exchanges
N/A
Address
105 Baktygerei Kulmanov street, Atyrau, KAZ, 060011
Website
Maten Petroleum JSC is engaged in the production and exploration of oil in Kazakhstan.

Maten Petroleum JSC (XKAZ:MATN) Headlines

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