PetroVietnam Gas JSC (STC:GAS) Days Inventory : 15.08 (As of Mar. 2024)

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What is PetroVietnam Gas JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PetroVietnam Gas JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫3,241,996 Mil. PetroVietnam Gas JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫19,623,883 Mil. Hence, PetroVietnam Gas JSC's Days Inventory for the three months ended in Mar. 2024 was 15.08.

The historical rank and industry rank for PetroVietnam Gas JSC's Days Inventory or its related term are showing as below:

STC:GAS' s Days Inventory Range Over the Past 10 Years
Min: 9.61 Med: 11.24 Max: 20.11
Current: 12.77

During the past 13 years, PetroVietnam Gas JSC's highest Days Inventory was 20.11. The lowest was 9.61. And the median was 11.24.

STC:GAS's Days Inventory is ranked better than
74.49% of 729 companies
in the Oil & Gas industry
Industry Median: 31.38 vs STC:GAS: 12.77

PetroVietnam Gas JSC's Days Inventory declined from Mar. 2023 (17.36) to Mar. 2024 (15.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. PetroVietnam Gas JSC's Inventory Turnover for the three months ended in Mar. 2024 was 6.05.

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. PetroVietnam Gas JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.

PetroVietnam Gas JSC Days Inventory Historical Data

The historical data trend for PetroVietnam Gas JSC'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.

PetroVietnam Gas JSC Days Inventory Chart

PetroVietnam Gas JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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11.07

11.20

13.77

16.88

20.11

PetroVietnam Gas JSC 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															17.36	10.34	11.72	15.63	15.08

Competitive Comparison of PetroVietnam Gas JSC's Days Inventory

For the Oil & Gas Integrated subindustry, PetroVietnam Gas JSC'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.

PetroVietnam Gas JSC's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PetroVietnam Gas JSC's Days Inventory falls into.

PetroVietnam Gas JSC Days Inventory Calculation

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

PetroVietnam Gas JSC'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
=	( (4102441.806	+	3944544.426)	/	2 )	/	73028985.057	*	365
=	4023493.116					/	73028985.057	*	365
=	20.11

PetroVietnam Gas JSC'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
=	( (3944544.426	+	2539448.444)	/	2 )	/	19623882.865	*	365 / 4
=	3241996.435					/	19623882.865	*	365 / 4
=	15.08

PetroVietnam Gas JSC (STC:GAS) 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.

PetroVietnam Gas JSC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19623882.865	/	3241996.435
	=	6.05

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.

PetroVietnam Gas JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3241996.435	/	23314997.604
	=	0.14

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.

PetroVietnam Gas JSC Days Inventory Related Terms

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

PetroVietnam Gas JSC (STC:GAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroVietnam Gas JSC (STC:GAS) » Definitions » Days Inventory

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Traded in Other Exchanges

N/A

Address

No. 673 Nguyen Huu Tho Street, 12th, 12Ath, 14th, 15th Floor, PV Gas Building, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, VNM

Website

https://www.pvgas.com.vn

PetroVietnam Gas JSC is a Vietnam-based company which is active in the oil and gas industry. The principal activities of the company are to collect, import, transport, store, process, distribute, trade gas and gas products. It is engaged in distributing, trading gas and dry gas products, LNG (liquefied natural gas), CNG (Compressed natural gas), LPG (Liquefied Petroleum Gas) and condensates for industrial and household use as well as managing, operating, maintaining and restoring all gas works. The company also provides services in the gas industry such as renovating, maintaining, and restoring engines, installing conversion equipment for means of transport and agriculture, forestry and others. It operates its business across the Vietnam.