GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia SE (OSL:PSE) » Definitions » Days Inventory

Petrolia SE (OSL:PSE) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Petrolia SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Petrolia SE's Average Total Inventories for the six months ended in Dec. 2023 was kr20.3 Mil. Petrolia SE's Cost of Goods Sold for the six months ended in Dec. 2023 was kr0.0 Mil.

The historical rank and industry rank for Petrolia SE's Days Inventory or its related term are showing as below:

OSL:PSE' s Days Inventory Range Over the Past 10 Years
Min: 15.24   Med: 20.77   Max: 36.44
Current: 30.83

During the past 13 years, Petrolia SE's highest Days Inventory was 36.44. The lowest was 15.24. And the median was 20.77.

OSL:PSE's Days Inventory is ranked better than
50.41% of 728 companies
in the Oil & Gas industry
Industry Median: 31.3 vs OSL:PSE: 30.83

Petrolia SE's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Petrolia SE's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Petrolia SE's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.


Petrolia SE Days Inventory Historical Data

The historical data trend for Petrolia SE'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.

Petrolia SE Days Inventory Chart

Petrolia SE 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 15.67 36.44 36.22 30.22 30.83

Petrolia SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

Competitive Comparison of Petrolia SE's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Petrolia SE'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.


Petrolia SE's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petrolia SE's Days Inventory falls into.



Petrolia SE Days Inventory Calculation

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

Petrolia SE'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
=( (19.414 + 17.755) / 2 ) / 220.05*365
=18.5845 / 220.05*365
=30.83

Petrolia SE's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (22.791 + 17.755) / 2 ) / 0*365 / 2
=20.273 / 0*365 / 2
=N/A

* 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.


Petrolia SE  (OSL:PSE) 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.

Petrolia SE's Inventory Turnover for the six 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.

Petrolia SE's Inventory to Revenue for the six 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.


Petrolia SE Days Inventory Related Terms

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


Petrolia SE (OSL:PSE) Business Description

Traded in Other Exchanges
Address
205 Christodoulou Chatzipavlou Street, Loulloupis Court, 4th Floor, Office 401, Limassol, CYP, 3036
Petrolia SE is an international oil service company. The main activities of the company are within two segments: The energy division and the Energy Service division. The group operates in Norway, Europe outside Norway, Asia and Australia, and other regions. The company generates maximum revenue from Asia and Australia. It generates revenue by providing drilling equipment, such as drill pipes and test strings to oil companies, drilling contractors, and oil service companies.

Petrolia SE (OSL:PSE) Headlines

No Headlines