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Jadranski Naftovod DD (ZAG:JNAF) Days Inventory : 27.47 (As of Mar. 2024)


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What is Jadranski Naftovod DD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jadranski Naftovod DD's Average Total Inventories for the three months ended in Mar. 2024 was €3.3 Mil. Jadranski Naftovod DD's Cost of Goods Sold for the three months ended in Mar. 2024 was €11.0 Mil. Hence, Jadranski Naftovod DD's Days Inventory for the three months ended in Mar. 2024 was 27.47.

The historical rank and industry rank for Jadranski Naftovod DD's Days Inventory or its related term are showing as below:

ZAG:JNAF' s Days Inventory Range Over the Past 10 Years
Min: 19.41   Med: 22.75   Max: 28.14
Current: 22.99

During the past 13 years, Jadranski Naftovod DD's highest Days Inventory was 28.14. The lowest was 19.41. And the median was 22.75.

ZAG:JNAF's Days Inventory is not ranked
in the Oil & Gas industry.
Industry Median: 31.81 vs ZAG:JNAF: 22.99

Jadranski Naftovod DD's Days Inventory increased from Mar. 2023 (21.76) to Mar. 2024 (27.47). It might indicate that Jadranski Naftovod DD's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jadranski Naftovod DD's Inventory Turnover for the three months ended in Mar. 2024 was 3.32.

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. Jadranski Naftovod DD's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.11.


Jadranski Naftovod DD Days Inventory Historical Data

The historical data trend for Jadranski Naftovod DD'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.

Jadranski Naftovod DD Days Inventory Chart

Jadranski Naftovod DD 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 27.80 26.15 24.48 22.21 22.06

Jadranski Naftovod DD 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 21.76 21.49 22.27 21.38 27.47

Competitive Comparison of Jadranski Naftovod DD's Days Inventory

For the Oil & Gas Midstream subindustry, Jadranski Naftovod DD'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.


Jadranski Naftovod DD's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Jadranski Naftovod DD's Days Inventory falls into.



Jadranski Naftovod DD Days Inventory Calculation

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

Jadranski Naftovod DD'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
=( (2.946 + 3.275) / 2 ) / 51.462*365
=3.1105 / 51.462*365
=22.06

Jadranski Naftovod DD'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
=( (3.275 + 3.346) / 2 ) / 10.996*365 / 4
=3.3105 / 10.996*365 / 4
=27.47

* 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.


Jadranski Naftovod DD  (ZAG:JNAF) 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.

Jadranski Naftovod DD'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.

Jadranski Naftovod DD'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.


Jadranski Naftovod DD Days Inventory Related Terms

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


Jadranski Naftovod DD (ZAG:JNAF) Business Description

Traded in Other Exchanges
N/A
Address
Miramarska cesta 24, Zagreb, HRV, 10000
Jadranski Naftovod DD is mainly engaged in oil transportation activities and storage of oil and refinery products. The company operates the JANAF system which is an international crude oil transportation system consists of crude oil handling terminals and pipelines in Sisak, Gola, Virje, Sotin and Slavonski Brod and the accompanying pumping and metering stations. It also involved in the reloading and storage of crude oil and oil products as well as provision of engineering and technical advisory services.

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