Entra ASA (OSL:ENTRA) Days Inventory : 619.47 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Entra ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Entra ASA's Average Total Inventories for the three months ended in Mar. 2024 was kr482 Mil. Entra ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr71 Mil. Hence, Entra ASA's Days Inventory for the three months ended in Mar. 2024 was 619.47.

The historical rank and industry rank for Entra ASA's Days Inventory or its related term are showing as below:

OSL:ENTRA' s Days Inventory Range Over the Past 10 Years
Min: 158.38 Med: 467.93 Max: 621.7
Current: 512.93

During the past 13 years, Entra ASA's highest Days Inventory was 621.70. The lowest was 158.38. And the median was 467.93.

OSL:ENTRA's Days Inventory is ranked better than
57.09% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs OSL:ENTRA: 512.93

Entra ASA's Days Inventory declined from Mar. 2023 (626.19) to Mar. 2024 (619.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Entra ASA's Inventory Turnover for the three months ended in Mar. 2024 was 0.15.

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. Entra ASA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.55.

Entra ASA Days Inventory Historical Data

The historical data trend for Entra ASA'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.

Entra ASA Days Inventory Chart

Entra ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

585.10

567.63

621.70

520.40

504.12

Entra ASA 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															626.19	648.96	623.76	329.32	619.47

Competitive Comparison of Entra ASA's Days Inventory

For the Real Estate Services subindustry, Entra ASA'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.

Entra ASA's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Entra ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Entra ASA's Days Inventory falls into.

Entra ASA Days Inventory Calculation

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

Entra ASA'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
=	( (472	+	481)	/	2 )	/	345	*	365
=	476.5					/	345	*	365
=	504.12

Entra ASA'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
=	( (481	+	483)	/	2 )	/	71	*	365 / 4
=	482					/	71	*	365 / 4
=	619.47

Entra ASA (OSL:ENTRA) 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.

Entra ASA's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	71	/	482
	=	0.15

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.

Entra ASA's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	482	/	870
	=	0.55

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.

Entra ASA Days Inventory Related Terms

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

Entra ASA (OSL:ENTRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Entra ASA (OSL:ENTRA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ENTRAO:Sweden 0R3Y:UK 2EN:Germany

Address

Biskop Gunnerus Gate 14A, Oslo, NOR, 0185

Website

https://www.entra.no

Entra ASA owns, develops, and manages properties in Norway. Office properties make up nearly the entire property portfolio, which is concentrated in Oslo and in surrounding regions of Bergen, Stavanger, and Trondheim. The company primarily leases its properties to the public sector. Rental income accounts for nearly all the company's operating revenue. It also generates income through property appreciation and sale. Properties in Oslo make up more than half the value of the company's total property portfolio and comprise most of the company's rental income.

Entra ASA (OSL:ENTRA) Headlines

No Headlines