Transportadora de Gas del Sur (Transportadora de Gas del Sur) Days Inventory

: 6.12 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Transportadora de Gas del Sur's Average Total Inventories for the three months ended in Sep. 2023 was $9.4 Mil. Transportadora de Gas del Sur's Cost of Goods Sold for the three months ended in Sep. 2023 was $140.5 Mil. Hence, Transportadora de Gas del Sur's Days Inventory for the three months ended in Sep. 2023 was 6.12.

The historical rank and industry rank for Transportadora de Gas del Sur's Days Inventory or its related term are showing as below:

TGS' s Days Inventory Range Over the Past 10 Years
Min: 2.28 Med: 3.27 Max: 13.66
Current: 13.66

During the past 13 years, Transportadora de Gas del Sur's highest Days Inventory was 13.66. The lowest was 2.28. And the median was 3.27.

TGS's Days Inventory is ranked better than
72.57% of 729 companies
in the Oil & Gas industry
Industry Median: 31.63 vs TGS: 13.66

Transportadora de Gas del Sur's Days Inventory increased from Sep. 2022 (5.57) to Sep. 2023 (6.12). It might indicate that Transportadora de Gas del Sur's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Transportadora de Gas del Sur's Inventory Turnover for the three months ended in Sep. 2023 was 14.91.

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. Transportadora de Gas del Sur's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.05.

Transportadora de Gas del Sur Days Inventory Historical Data

The historical data trend for Transportadora de Gas del Sur'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.

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Transportadora de Gas del Sur Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

4.94

4.73

3.23

6.58

10.67

Transportadora de Gas del Sur Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory																5.57	-	6.51	5.74	6.12

Competitive Comparison

For the Oil & Gas Integrated subindustry, Transportadora de Gas del Sur'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.

Transportadora de Gas del Sur Days Inventory Distribution

For the Oil & Gas industry and Energy sector, Transportadora de Gas del Sur's Days Inventory distribution charts can be found below:

* The bar in red indicates where Transportadora de Gas del Sur's Days Inventory falls into.

Transportadora de Gas del Sur Days Inventory Calculation

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

Transportadora de Gas del Sur's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (22.56	+	10.937)	/	2 )	/	572.869	*	365
=	16.7485					/	572.869	*	365
=	10.67

Transportadora de Gas del Sur's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (9.867	+	8.985)	/	2 )	/	140.528	*	365 / 4
=	9.426					/	140.528	*	365 / 4
=	6.12

Transportadora de Gas del Sur (NYSE:TGS) 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.

Transportadora de Gas del Sur's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	140.528	/	9.426
	=	14.91

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.

Transportadora de Gas del Sur's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.426	/	206.894
	=	0.05

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.

Transportadora de Gas del Sur Days Inventory Related Terms

Thank you for viewing the detailed overview of Transportadora de Gas del Sur's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Transportadora de Gas del Sur (Transportadora de Gas del Sur) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Sur SA (NYSE:TGS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TGS:Mexico T2K1:Germany TGSU2:Argentina

Address

Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF

Website

https://www.tgs.com.ar

Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.