Days Inventory is also known as Days Sales of Inventory (DSI). Galp Energia SGPS's Average Total Inventories for the
three
months ended in Dec. 2023 was €1,450 Mil. Galp Energia SGPS's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €4,608 Mil.
Hence, Galp Energia SGPS's Days Inventory for the
three
months ended in Dec. 2023 was 28.70.
The historical rank and industry rank for Galp Energia SGPS's Days Inventory or its related term are showing as below:
XLIS:GALP'
s Days Inventory Range Over the Past 10 Years
Min: 17.88 Med: 26.28 Max: 31.92
Current: 27.46
During the past 13 years, Galp Energia SGPS's highest Days Inventory was 31.92. The lowest was 17.88. And the median was 26.28.
XLIS:GALP's Days Inventory is ranked better than 53.97% of 730
companies
in the Oil & Gas industry
Industry Median: 31.555
vs XLIS:GALP: 27.46
Galp Energia SGPS's Days Inventory
increased
from Dec. 2022 (24.54) to Dec. 2023 (28.70).
It might indicate that Galp Energia SGPS's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Galp Energia SGPS's Inventory Turnover for the
three
months ended in Dec. 2023 was 3.18.
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.
Galp Energia SGPS's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.28.
Galp Energia SGPS Days Inventory Historical Data
The historical data trend for Galp Energia SGPS'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.
Competitive Comparison of Galp Energia SGPS's Days Inventory
For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.
Galp Energia SGPS's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Galp Energia SGPS's Days Inventory distribution charts can be found below:
* The bar in red indicates where Galp Energia SGPS's Days Inventory falls into.
Galp Energia SGPS Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Galp Energia SGPS's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Galp Energia SGPS (XLIS:GALP) 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.
Galp Energia SGPS's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Galp Energia SGPS's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Galp Energia SGPS Days Inventory Related Terms
Thank you for viewing the detailed overview of Galp Energia SGPS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Galp Energia SGPS (XLIS:GALP) Business Description
Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.
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