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Deutsche Lufthansa AG (Deutsche Lufthansa AG) Days Inventory : 10.70 (As of Dec. 2023)


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What is Deutsche Lufthansa AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Deutsche Lufthansa AG's Average Total Inventories for the three months ended in Dec. 2023 was $1,004 Mil. Deutsche Lufthansa AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $8,561 Mil. Hence, Deutsche Lufthansa AG's Days Inventory for the three months ended in Dec. 2023 was 10.70.

The historical rank and industry rank for Deutsche Lufthansa AG's Days Inventory or its related term are showing as below:

DLAKY' s Days Inventory Range Over the Past 10 Years
Min: 9.08   Med: 10.61   Max: 18.18
Current: 10.33

During the past 13 years, Deutsche Lufthansa AG's highest Days Inventory was 18.18. The lowest was 9.08. And the median was 10.61.

DLAKY's Days Inventory is ranked better than
53.85% of 780 companies
in the Transportation industry
Industry Median: 11.545 vs DLAKY: 10.33

Deutsche Lufthansa AG's Days Inventory increased from Dec. 2022 (10.17) to Dec. 2023 (10.70). It might indicate that Deutsche Lufthansa AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Deutsche Lufthansa AG's Inventory Turnover for the three months ended in Dec. 2023 was 8.52.

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. Deutsche Lufthansa AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.


Deutsche Lufthansa AG Days Inventory Historical Data

The historical data trend for Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG Days Inventory Chart

Deutsche Lufthansa AG 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 11.47 17.28 15.34 10.34 10.51

Deutsche Lufthansa AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.17 10.78 9.67 9.79 10.70

Competitive Comparison of Deutsche Lufthansa AG's Days Inventory

For the Airlines subindustry, Deutsche Lufthansa AG'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.


Deutsche Lufthansa AG's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Deutsche Lufthansa AG's Days Inventory falls into.



Deutsche Lufthansa AG Days Inventory Calculation

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

Deutsche Lufthansa AG'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
=( (851.695 + 1044.711) / 2 ) / 32934.569*365
=948.203 / 32934.569*365
=10.51

Deutsche Lufthansa AG's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (963.714 + 1044.711) / 2 ) / 8560.523*365 / 4
=1004.2125 / 8560.523*365 / 4
=10.70

* 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.


Deutsche Lufthansa AG  (OTCPK:DLAKY) 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.

Deutsche Lufthansa AG's Inventory Turnover for the three months ended in Dec. 2023 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.

Deutsche Lufthansa AG's Inventory to Revenue for the three months 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.


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.


Deutsche Lufthansa AG Days Inventory Related Terms

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Deutsche Lufthansa AG (Deutsche Lufthansa AG) Business Description

Address
Lufthansa Aviation Center, Airportring, Frankfurt, HE, DEU, 60546
Deutsche Lufthansa AG is a European airline group. The company's segment includes Passenger Airlines; Logistics; MRO and Catering. It generates maximum revenue from the Passenger Airlines segment. The Passenger Airlines segment comprises Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.

Deutsche Lufthansa AG (Deutsche Lufthansa AG) Headlines