Days Inventory is also known as Days Sales of Inventory (DSI). Dana Gas PJSC's Average Total Inventories for the
three
months ended in Mar. 2024 was د.إ103 Mil. Dana Gas PJSC's Cost of Goods Sold for the
three
months ended in Mar. 2024 was د.إ184 Mil.
Hence, Dana Gas PJSC's Days Inventory for the
three
months ended in Mar. 2024 was 51.10.
The historical rank and industry rank for Dana Gas PJSC's Days Inventory or its related term are showing as below:
ADX:DANA'
s Days Inventory Range Over the Past 10 Years
Min: 17.75 Med: 51.7 Max: 226.65
Current: 42.8
During the past 13 years, Dana Gas PJSC's highest Days Inventory was 226.65. The lowest was 17.75. And the median was 51.70.
ADX:DANA's Days Inventory is ranked worse than 61.81% of 728
companies
in the Oil & Gas industry
Industry Median: 31.3
vs ADX:DANA: 42.80
Dana Gas PJSC's Days Inventory
increased
from Mar. 2023 (32.59) to Mar. 2024 (51.10).
It might indicate that Dana Gas PJSC'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.
Dana Gas PJSC's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.79.
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.
Dana Gas PJSC's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.29.
Dana Gas PJSC Days Inventory Historical Data
The historical data trend for Dana Gas PJSC'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 Dana Gas PJSC's Days Inventory
For the Oil & Gas E&P subindustry, Dana Gas PJSC'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.
Dana Gas PJSC's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dana Gas PJSC's Days Inventory distribution charts can be found below:
* The bar in red indicates where Dana Gas PJSC's Days Inventory falls into.
Dana Gas PJSC Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dana Gas PJSC'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.
Dana Gas PJSC (ADX:DANA) 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.
Dana Gas PJSC's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Dana Gas PJSC's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Dana Gas PJSC Days Inventory Related Terms
Thank you for viewing the detailed overview of Dana Gas PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Dana Gas PJSC is a Middle Eastern natural gas exploration and production company. It operates several assets in Egypt, the Kurdistan Region of Iraq, and the United Arab Emirates. The company's possession of assets includes both onshore and offshore assets. Assets are held through government concessions. Dana Gas operations are divided into several subsidiaries that either engage in exploration and production, gas sweetening, gas transmission, or gas processing. Traditionally, gas and condensate have contributed the largest portion of revenue.
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