Days Inventory is also known as Days Sales of Inventory (DSI). YIT Oyj's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,721 Mil. YIT Oyj's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $154 Mil.
Hence, YIT Oyj's Days Inventory for the
three
months ended in Dec. 2023 was 1,021.51.
The historical rank and industry rank for YIT Oyj's Days Inventory or its related term are showing as below:
YITYF'
s Days Inventory Range Over the Past 10 Years
Min: 830.6 Med: 1532.21 Max: 2489.68
Current: 1482.45
During the past 13 years, YIT Oyj's highest Days Inventory was 2489.68. The lowest was 830.60. And the median was 1532.21.
YITYF's Days Inventory is ranked worse than 98.35% of 1392
companies
in the Construction industry
Industry Median: 48.8
vs YITYF: 1482.45
YIT Oyj's Days Inventory
increased
from Dec. 2022 (843.18) to Dec. 2023 (1,021.51).
It might indicate that YIT Oyj's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
YIT Oyj's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.09.
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.
YIT Oyj's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 2.64.
YIT Oyj Days Inventory Historical Data
The historical data trend for YIT Oyj'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.
Competitive Comparison of YIT Oyj's Days Inventory
For the Engineering & Construction subindustry, YIT Oyj'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.
YIT Oyj's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, YIT Oyj's Days Inventory distribution charts can be found below:
* The bar in red indicates where YIT Oyj's Days Inventory falls into.
YIT Oyj Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
YIT Oyj's Days Inventory for the fiscal year that 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.
YIT Oyj (GREY:YITYF) 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.
YIT Oyj'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.
YIT Oyj'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.
YIT Oyj Days Inventory Related Terms
Thank you for viewing the detailed overview of YIT Oyj's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.
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