GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shell Oman Marketing Co SAOG (MUS:SOMS) » Definitions » Total Inventories

Shell Oman Marketing CoOG (MUS:SOMS) Total Inventories : ر.ع7.3 Mil (As of Dec. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Shell Oman Marketing CoOG Total Inventories?

Shell Oman Marketing CoOG's total inventories for the quarter that ended in Dec. 2024 was ر.ع7.3 Mil. Shell Oman Marketing CoOG's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ر.ع7.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shell Oman Marketing CoOG's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ر.ع-0.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shell Oman Marketing CoOG's Days Inventory for the three months ended in Dec. 2024 was 5.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shell Oman Marketing CoOG's Inventory Turnover for the quarter that ended in Dec. 2024 was 15.74.

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. Shell Oman Marketing CoOG's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.06.


Shell Oman Marketing CoOG Total Inventories Historical Data

The historical data trend for Shell Oman Marketing CoOG's Total Inventories 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.

Shell Oman Marketing CoOG Total Inventories Chart

Shell Oman Marketing CoOG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 8.55 10.70 7.36 7.30

Shell Oman Marketing CoOG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Inventories 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 7.36 5.79 7.02 6.83 7.30

Shell Oman Marketing CoOG Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Shell Oman Marketing CoOG  (MUS:SOMS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Shell Oman Marketing CoOG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.203+0.75 * 43.213+0.5 * 7.3-111.424
-0-0)/100.000
=-0.68

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

Shell Oman Marketing CoOG's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=7.0625/111.194*365 / 4
=5.80

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

Shell Oman Marketing CoOG's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=111.194 / 7.0625
=15.74

4. 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.

Shell Oman Marketing CoOG's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=7.0625 / 119.422
=0.06

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Shell Oman Marketing CoOG Total Inventories Related Terms

Thank you for viewing the detailed overview of Shell Oman Marketing CoOG's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Shell Oman Marketing CoOG Business Description

Traded in Other Exchanges
N/A
Address
Mina Al-Fahal, P.O. Box 38, Muscat, OMN, 116
Shell Oman Marketing Co SAOG is engaged in the marketing and distribution of petroleum products and blending of lubricants. The company provides services and sells a wide range of Shell automotive, aviation and marine products, including fuels, lubricants, and greases. The company derives its revenue largely from the sale of refined petroleum products in the Sultanate of Oman.

Shell Oman Marketing CoOG Headlines

No Headlines