Days Inventory is also known as Days Sales of Inventory (DSI). Bristow Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $97 Mil. Bristow Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $270 Mil.
Hence, Bristow Group's Days Inventory for the
three
months ended in Dec. 2023 was 32.96.
The historical rank and industry rank for Bristow Group's Days Inventory or its related term are showing as below:
VTOL'
s Days Inventory Range Over the Past 10 Years
Min: 31.93 Med: 31.94 Max: 33.19
Current: 31.93
During the past 5 years, Bristow Group's highest Days Inventory was 33.19. The lowest was 31.93. And the median was 31.94.
VTOL's Days Inventory is ranked worse than 50.34% of 729
companies
in the Oil & Gas industry
Industry Median: 31.5
vs VTOL: 31.93
Bristow Group's Days Inventory
increased
from Dec. 2022 (27.30) to Dec. 2023 (32.96).
It might indicate that Bristow Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Bristow Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.77.
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.
Bristow Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.29.
Bristow Group Days Inventory Historical Data
The historical data trend for Bristow Group'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 Bristow Group's Days Inventory
For the Oil & Gas Equipment & Services subindustry, Bristow Group'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.
Bristow Group's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bristow Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Bristow Group's Days Inventory falls into.
Bristow Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Bristow Group'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.
Bristow Group (NYSE:VTOL) 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.
Bristow Group'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.
Bristow Group'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.
Bristow Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Bristow Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Bristow Group (Bristow Group) Business Description
Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of major integrated, national and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed wing transportation and other aviation related solutions. Its oil and gas customers charter its helicopters to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K and the United States.
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