GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eimskipafelag Islands ehf (OISE:EIM) » Definitions » Days Inventory

Eimskipafelag Islands ehf (OISE:EIM) Days Inventory : 19.96 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Eimskipafelag Islands ehf Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eimskipafelag Islands ehf's Average Total Inventories for the three months ended in Mar. 2024 was kr1,729 Mil. Eimskipafelag Islands ehf's Cost of Goods Sold for the three months ended in Mar. 2024 was kr7,903 Mil. Hence, Eimskipafelag Islands ehf's Days Inventory for the three months ended in Mar. 2024 was 19.96.

The historical rank and industry rank for Eimskipafelag Islands ehf's Days Inventory or its related term are showing as below:

OISE:EIM' s Days Inventory Range Over the Past 10 Years
Min: 5.34   Med: 10.66   Max: 20.17
Current: 20.02

During the past 13 years, Eimskipafelag Islands ehf's highest Days Inventory was 20.17. The lowest was 5.34. And the median was 10.66.

OISE:EIM's Days Inventory is ranked worse than
66.58% of 781 companies
in the Transportation industry
Industry Median: 11.42 vs OISE:EIM: 20.02

Eimskipafelag Islands ehf's Days Inventory declined from Mar. 2023 (20.71) to Mar. 2024 (19.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Eimskipafelag Islands ehf's Inventory Turnover for the three months ended in Mar. 2024 was 4.57.

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. Eimskipafelag Islands ehf's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.06.


Eimskipafelag Islands ehf Days Inventory Historical Data

The historical data trend for Eimskipafelag Islands ehf'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.

Eimskipafelag Islands ehf Days Inventory Chart

Eimskipafelag Islands ehf 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 11.46 11.64 14.64 19.64 20.17

Eimskipafelag Islands ehf 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 20.71 19.55 20.41 19.92 19.96

Competitive Comparison of Eimskipafelag Islands ehf's Days Inventory

For the Integrated Freight & Logistics subindustry, Eimskipafelag Islands ehf'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.


Eimskipafelag Islands ehf's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Eimskipafelag Islands ehf's Days Inventory distribution charts can be found below:

* The bar in red indicates where Eimskipafelag Islands ehf's Days Inventory falls into.



Eimskipafelag Islands ehf Days Inventory Calculation

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

Eimskipafelag Islands ehf'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
=( (1715.69 + 1717.987) / 2 ) / 31062.397*365
=1716.8385 / 31062.397*365
=20.17

Eimskipafelag Islands ehf'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
=( (1717.987 + 1739.12) / 2 ) / 7902.713*365 / 4
=1728.5535 / 7902.713*365 / 4
=19.96

* 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.


Eimskipafelag Islands ehf  (OISE:EIM) 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.

Eimskipafelag Islands ehf'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.

Eimskipafelag Islands ehf's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1728.5535 / 29422.949
=0.06

* 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.


Eimskipafelag Islands ehf Days Inventory Related Terms

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


Eimskipafelag Islands ehf (OISE:EIM) Business Description

Traded in Other Exchanges
N/A
Address
Sundabakki 2, Reykjavík, ISL, 104
Eimskipafelag Islands ehf Formerly Eimpskipafelag Islands provides shipping, logistics, supply chain services. The company's operations are divided into two market segments namely Liner services and Forwarding services. The liner services segment includes operations such as port operations, cold storage facilities, warehousing, trucking and distribution, air freight and agency services in Iceland and Norway. The forwarding services segment includes reefer forwarding, a system based on a network of own offices, association with deep-sea lines and associates. The company earns the majority of its revenues from Iceland, the Faroe Islands, and Asia.