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Seplat Energy (Seplat Energy) Days Inventory : 34.35 (As of Mar. 2024)


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What is Seplat Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seplat Energy's Average Total Inventories for the three months ended in Mar. 2024 was $51.6 Mil. Seplat Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $137.1 Mil. Hence, Seplat Energy's Days Inventory for the three months ended in Mar. 2024 was 34.35.

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

SEPLF' s Days Inventory Range Over the Past 10 Years
Min: 37.04   Med: 74.59   Max: 188.76
Current: 37.04

During the past 13 years, Seplat Energy's highest Days Inventory was 188.76. The lowest was 37.04. And the median was 74.59.

SEPLF's Days Inventory is ranked worse than
55.28% of 729 companies
in the Oil & Gas industry
Industry Median: 31.46 vs SEPLF: 37.04

Seplat Energy's Days Inventory declined from Mar. 2023 (38.18) to Mar. 2024 (34.35).

Inventory Turnover measures how fast the company turns over its inventory within a year. Seplat Energy's Inventory Turnover for the three months ended in Mar. 2024 was 2.66.

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. Seplat Energy's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.


Seplat Energy Days Inventory Historical Data

The historical data trend for Seplat Energy'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.

Seplat Energy Days Inventory Chart

Seplat Energy 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 113.03 71.53 60.91 48.85 37.18

Seplat Energy 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 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 38.18 36.91 41.38 36.56 34.35

Competitive Comparison of Seplat Energy's Days Inventory

For the Oil & Gas E&P subindustry, Seplat Energy'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.


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

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

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



Seplat Energy Days Inventory Calculation

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

Seplat Energy'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
=( (55.406 + 52.428) / 2 ) / 529.275*365
=53.917 / 529.275*365
=37.18

Seplat Energy'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
=( (52.428 + 50.799) / 2 ) / 137.105*365 / 4
=51.6135 / 137.105*365 / 4
=34.35

* 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.


Seplat Energy  (OTCPK:SEPLF) 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.

Seplat Energy'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.

Seplat Energy'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.


Seplat Energy Days Inventory Related Terms

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


Seplat Energy (Seplat Energy) Business Description

Traded in Other Exchanges
Address
16A Temple Road (Olu Holloway), Ikoyi, Lagos, NGA
Seplat Energy PLC formerly SEPLAT Petroleum Development Company PLC is a Nigerian independent upstream oil and gas company which focuses on production and development opportunities in Nigeria. The company has two reportable segments namely Oil and Gas. Geographically, it derives a majority of revenue from Switzerland. The company's exploration assets include OMLs 4, 38 and 41 which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.