Murphy USA (Murphy USA) Days Inventory : 6.89 (As of Dec. 2023)

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What is Murphy USA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Murphy USA's Average Total Inventories for the three months ended in Dec. 2023 was $338 Mil. Murphy USA's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,477 Mil. Hence, Murphy USA's Days Inventory for the three months ended in Dec. 2023 was 6.89.

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

MUSA' s Days Inventory Range Over the Past 10 Years
Min: 3.85 Med: 5.45 Max: 9.42
Current: 6.27

During the past 13 years, Murphy USA's highest Days Inventory was 9.42. The lowest was 3.85. And the median was 5.45.

MUSA's Days Inventory is ranked better than
96.82% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs MUSA: 6.27

Murphy USA's Days Inventory increased from Dec. 2022 (5.69) to Dec. 2023 (6.89). It might indicate that Murphy USA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Murphy USA's Inventory Turnover for the three months ended in Dec. 2023 was 13.23.

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. Murphy USA's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.

Murphy USA Days Inventory Historical Data

The historical data trend for Murphy USA'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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Murphy USA Days Inventory Chart

Murphy USA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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6.35

9.42

6.72

5.30

6.27

Murphy USA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															5.69	6.23	5.95	6.05	6.89

Competitive Comparison of Murphy USA's Days Inventory

For the Specialty Retail subindustry, Murphy USA'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.

Murphy USA's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Murphy USA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Murphy USA's Days Inventory falls into.

Murphy USA Days Inventory Calculation

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

Murphy USA'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
=	( (319.1	+	341.2)	/	2 )	/	19215.6	*	365
=	330.15					/	19215.6	*	365
=	6.27

Murphy USA'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (335.4	+	341.2)	/	2 )	/	4477.4	*	365 / 4
=	338.3					/	4477.4	*	365 / 4
=	6.89

Murphy USA (NYSE:MUSA) 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.

Murphy USA's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4477.4	/	338.3
	=	13.23

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.

Murphy USA's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	338.3	/	5068.9
	=	0.07

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.

Murphy USA Days Inventory Related Terms

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

Murphy USA (Murphy USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Murphy USA Inc (NYSE:MUSA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1MU:Germany 1MU:Germany

Address

200 Peach Street, El Dorado, AR, USA, 71730-5836

Website

https://www.murphyusa.com

Murphy USA Inc is an American retailer of gasoline products and convenience-store merchandise operating in the United States. The stores are 100% company-operated and 90% company-owned; most are adjacent to Walmart stores. The business also contains product supply and wholesale assets, such as product distribution terminals and pipelines. Murphy is positioned in the market as a low-price, high-volume fuel retailer selling through low-cost kiosks and small stores. The stores adjacent to Walmart offer a discount program. The amount of the discount offered can vary based on many factors, including state laws.

Executives

Renee M Bacon	officer: SVP, Sales & Ops	200 PEACH STREET, EL DORADO AR 71730
Jennifer Bridges	officer: SVP, Asset Development	200 E. PEACH STREET, EL DORADO AR 71730
Robert J Chumley	officer: Senior Vice President	200 PEACH STREET, EL DORADO AR 71730
Robert Madison Murphy	director	200 NORTH JEFFERSON SUITE 400, EL DODRADO AR 71730
R Andrew Clyde	director, officer: President & CEO	200 PEACH STREET, EL DORADO AR 71730
Christopher A Click	officer: SVP, Strategy & Development	200 PEACH ST, EL DORADO AR 71731
Jeanne Linder Phillips	director	5421 DRANE DR., DALLAS TX 75201
Smith Donald R Jr	officer: Vice President & Controller	200 PEACH STREET, EL DORADO AR 71730
Malynda K West	officer: EVP, CFO & Treasurer	200 PEACH STREET, PO BOX 7000, EL DORADO AR 71730
Terry P. Hatten	officer: SVP	6565 N. MACARTHUR BLVD, STE 800, IRVING TX 75039
Rosemary Turner	director	1500 SOLANA BLVD., WESTLAKE TX 76262
David Goebel	director	C/O APPLEBEE'S INTERNATIONAL, INC., 4551 W 107TH STREET, OVERLAND PARK KS 66207
Blake Segal	officer: SVP, QuickChek	200 E. PEACH STREET, EL DORADO AR 71730
John A Moore	officer: SVP & Secretary	200 PEACH ST., P.O. BOX 7000, EL DORADO AR 71730
Claiborne P Deming	director	ENTERGY CORP, PO BOX 61000, NEW ORLEANS LA 70161