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Perdana Petroleum Bhd (XKLS:7108) Days Inventory : 4.15 (As of Mar. 2024)


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What is Perdana Petroleum Bhd Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Perdana Petroleum Bhd's Average Total Inventories for the three months ended in Mar. 2024 was RM3.4 Mil. Perdana Petroleum Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM73.7 Mil. Hence, Perdana Petroleum Bhd's Days Inventory for the three months ended in Mar. 2024 was 4.15.

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

XKLS:7108' s Days Inventory Range Over the Past 10 Years
Min: 3.19   Med: 4.02   Max: 8.62
Current: 8.33

During the past 13 years, Perdana Petroleum Bhd's highest Days Inventory was 8.62. The lowest was 3.19. And the median was 4.02.

XKLS:7108's Days Inventory is ranked better than
82.53% of 727 companies
in the Oil & Gas industry
Industry Median: 32.19 vs XKLS:7108: 8.33

Perdana Petroleum Bhd's Days Inventory declined from Mar. 2023 (13.72) to Mar. 2024 (4.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Perdana Petroleum Bhd's Inventory Turnover for the three months ended in Mar. 2024 was 21.97.

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. Perdana Petroleum Bhd's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.


Perdana Petroleum Bhd Days Inventory Historical Data

The historical data trend for Perdana Petroleum Bhd'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.

Perdana Petroleum Bhd Days Inventory Chart

Perdana Petroleum Bhd 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 3.50 3.66 5.80 8.62 5.88

Perdana Petroleum Bhd 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 13.72 14.90 10.30 7.77 4.15

Competitive Comparison of Perdana Petroleum Bhd's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Perdana Petroleum Bhd'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.


Perdana Petroleum Bhd's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Perdana Petroleum Bhd's Days Inventory falls into.



Perdana Petroleum Bhd Days Inventory Calculation

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

Perdana Petroleum Bhd'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
=( (2.823 + 4.273) / 2 ) / 220.274*365
=3.548 / 220.274*365
=5.88

Perdana Petroleum Bhd'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
=( (4.273 + 2.439) / 2 ) / 73.735*365 / 4
=3.356 / 73.735*365 / 4
=4.15

* 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.


Perdana Petroleum Bhd  (XKLS:7108) 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.

Perdana Petroleum Bhd'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.

Perdana Petroleum Bhd'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.


Perdana Petroleum Bhd Days Inventory Related Terms

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


Perdana Petroleum Bhd (XKLS:7108) Business Description

Traded in Other Exchanges
N/A
Address
VSQ at PJCC, Jalan Utara, Level 18, Block 2, Petaling Jaya, SGR, MYS, 46200
Perdana Petroleum Bhd is a Malaysia based company that engages in the provision of offshore marine support services for the upstream oil and gas industry in the domestic and regional markets. It operates through the only segment: Marine offshore support services. The Marine offshore support services segment is engaged in the provision of vessels for the upstream oil and gas industry, ranging from towing, mooring and anchoring of non-self-propelled marine vessels, and transportation of drilling equipment, production chemicals, and project materials to engineering and workshop facilities onboard. Geographically, it derives majority revenue from Malaysia.

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