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Kunlun Energy Co (Kunlun Energy Co) Days Inventory : 2.66 (As of Dec. 2023)


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What is Kunlun Energy Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kunlun Energy Co's Average Total Inventories for the six months ended in Dec. 2023 was $162 Mil. Kunlun Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $11,097 Mil. Hence, Kunlun Energy Co's Days Inventory for the six months ended in Dec. 2023 was 2.66.

The historical rank and industry rank for Kunlun Energy Co's Days Inventory or its related term are showing as below:

KUNUF' s Days Inventory Range Over the Past 10 Years
Min: 2.64   Med: 6.66   Max: 13.36
Current: 2.66

During the past 13 years, Kunlun Energy Co's highest Days Inventory was 13.36. The lowest was 2.64. And the median was 6.66.

KUNUF's Days Inventory is ranked better than
94.11% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs KUNUF: 2.66

Kunlun Energy Co's Days Inventory increased from Dec. 2022 (2.39) to Dec. 2023 (2.66). It might indicate that Kunlun Energy Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kunlun Energy Co's Inventory Turnover for the six months ended in Dec. 2023 was 68.68.

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. Kunlun Energy Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Kunlun Energy Co Days Inventory Historical Data

The historical data trend for Kunlun Energy Co'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.

Kunlun Energy Co Days Inventory Chart

Kunlun Energy Co 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 6.93 4.29 3.23 2.93 2.64

Kunlun Energy Co 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 3.78 2.75 2.39 2.69 2.66

Competitive Comparison of Kunlun Energy Co's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Kunlun Energy Co'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.


Kunlun Energy Co's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Kunlun Energy Co's Days Inventory falls into.



Kunlun Energy Co Days Inventory Calculation

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

Kunlun Energy Co'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
=( (155.055 + 161.76) / 2 ) / 21859.752*365
=158.4075 / 21859.752*365
=2.64

Kunlun Energy Co'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
=( (161.421 + 161.76) / 2 ) / 11097.449*365 / 2
=161.5905 / 11097.449*365 / 2
=2.66

* 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.


Kunlun Energy Co  (OTCPK:KUNUF) 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.

Kunlun Energy Co'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.

Kunlun Energy Co'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.


Kunlun Energy Co Days Inventory Related Terms

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


Kunlun Energy Co (Kunlun Energy Co) Business Description

Traded in Other Exchanges
Address
118 Connaught Road West, 39th Floor, Hong Kong, HKG
Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

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