Woodside Energy Group (Woodside Energy Group) Days Inventory : 32.93 (As of Dec. 2023)

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What is Woodside Energy Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Woodside Energy Group's Average Total Inventories for the six months ended in Dec. 2023 was $658 Mil. Woodside Energy Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,647 Mil. Hence, Woodside Energy Group's Days Inventory for the six months ended in Dec. 2023 was 32.93.

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

WDS' s Days Inventory Range Over the Past 10 Years
Min: 15.22 Med: 47.99 Max: 78.29
Current: 32.19

During the past 13 years, Woodside Energy Group's highest Days Inventory was 78.29. The lowest was 15.22. And the median was 47.99.

WDS's Days Inventory is ranked worse than
50.96% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs WDS: 32.19

Woodside Energy Group's Days Inventory increased from Dec. 2022 (26.05) to Dec. 2023 (32.93). It might indicate that Woodside Energy Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Woodside Energy Group's Inventory Turnover for the six months ended in Dec. 2023 was 5.54.

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. Woodside Energy Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.

Woodside Energy Group Days Inventory Historical Data

The historical data trend for Woodside Energy 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.

* Premium members only.

Woodside Energy Group Days Inventory Chart

Woodside Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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52.39

18.40

15.52

24.56

31.41

Woodside Energy Group 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															16.12	30.66	26.05	32.47	32.93

Competitive Comparison of Woodside Energy Group's Days Inventory

For the Oil & Gas E&P subindustry, Woodside Energy 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.

Woodside Energy Group's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Woodside Energy Group's Days Inventory falls into.

Woodside Energy Group Days Inventory Calculation

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

Woodside Energy Group'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
=	( (678	+	616)	/	2 )	/	7519	*	365
=	647					/	7519	*	365
=	31.41

Woodside Energy Group'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
=	( (700	+	616)	/	2 )	/	3647	*	365 / 2
=	658					/	3647	*	365 / 2
=	32.93

Woodside Energy Group (NYSE:WDS) 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.

Woodside Energy Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3647	/	658
	=	5.54

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.

Woodside Energy Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	658	/	6594
	=	0.10

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.

Woodside Energy Group Days Inventory Related Terms

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

Woodside Energy Group (Woodside Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Woodside Energy Group Ltd (NYSE:WDS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WOPEF:USA WDSl:UK WDS:UK WOP0:Germany WDS:Australia

Address

11 Mount Street, Mia Yellagonga, Perth, WA, AUS, 6000

Website

https://www.woodside.com.au

Incorporated in 1954 and named after the small Victorian town of Woodside, Woodside's early exploration focus moved from Victoria's Gippsland Basin to Western Australia's Carnarvon Basin. First LNG production from the North West Shelf came in 1984. BHP Billiton and Shell each had 40% shareholdings before BHP sold out in 1994 and Shell sold down to 34%. In 2010, Shell further decreased its shareholding to 24%. Woodside has the potential to become the most LNG-leveraged company globally.