Hindustan Petroleum (NSE:HINDPETRO) Days Inventory : 29.53 (As of Mar. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Hindustan Petroleum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hindustan Petroleum's Average Total Inventories for the three months ended in Mar. 2024 was ₹342,115 Mil. Hindustan Petroleum's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,057,329 Mil. Hence, Hindustan Petroleum's Days Inventory for the three months ended in Mar. 2024 was 29.53.

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

NSE:HINDPETRO' s Days Inventory Range Over the Past 10 Years
Min: 27.2 Med: 31.98 Max: 42.84
Current: 31.08

During the past 13 years, Hindustan Petroleum's highest Days Inventory was 42.84. The lowest was 27.20. And the median was 31.98.

NSE:HINDPETRO's Days Inventory is ranked better than
50.62% of 729 companies
in the Oil & Gas industry
Industry Median: 31.29 vs NSE:HINDPETRO: 31.08

Hindustan Petroleum's Days Inventory increased from Mar. 2023 (27.17) to Mar. 2024 (29.53). It might indicate that Hindustan Petroleum's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hindustan Petroleum's Inventory Turnover for the three months ended in Mar. 2024 was 3.09.

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. Hindustan Petroleum's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.30.

Hindustan Petroleum Days Inventory Historical Data

The historical data trend for Hindustan Petroleum'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.

Hindustan Petroleum Days Inventory Chart

Hindustan Petroleum Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

28.92

42.84

35.97

27.51

29.61

Hindustan Petroleum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															27.17	27.44	39.82	31.83	29.53

Competitive Comparison of Hindustan Petroleum's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Hindustan Petroleum'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.

Hindustan Petroleum's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Hindustan Petroleum's Days Inventory falls into.

Hindustan Petroleum Days Inventory Calculation

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

Hindustan Petroleum's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (295750	+	342114.6)	/	2 )	/	3931792.4	*	365
=	318932.3					/	3931792.4	*	365
=	29.61

Hindustan Petroleum's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	342114.6)	/	1 )	/	1057329	*	365 / 4
=	342114.6					/	1057329	*	365 / 4
=	29.53

Hindustan Petroleum (NSE:HINDPETRO) 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.

Hindustan Petroleum's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1057329	/	342114.6
	=	3.09

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.

Hindustan Petroleum's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	342114.6	/	1140868.3
	=	0.30

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.

Hindustan Petroleum Days Inventory Related Terms

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

Hindustan Petroleum (NSE:HINDPETRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hindustan Petroleum Corp Ltd (NSE:HINDPETRO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

500104:India

Address

17, Jamshedji Tata Road, Post Box No. 11041, Petroleum House, Churchgate, Mumbai, MH, IND, 400 020

Website

https://www.hindustanpetroleum.com

Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are primarily sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the most revenue.

Hindustan Petroleum (NSE:HINDPETRO) Headlines

No Headlines