Days Inventory is also known as Days Sales of Inventory (DSI). Odfjell SE's Average Total Inventories for the
three
months ended in Mar. 2024 was kr379 Mil. Odfjell SE's Cost of Goods Sold for the
three
months ended in Mar. 2024 was kr1,727 Mil.
Hence, Odfjell SE's Days Inventory for the
three
months ended in Mar. 2024 was 20.03.
The historical rank and industry rank for Odfjell SE's Days Inventory or its related term are showing as below:
OSL:ODF'
s Days Inventory Range Over the Past 10 Years
Min: 8.51 Med: 13.93 Max: 18.91
Current: 17.48
During the past 13 years, Odfjell SE's highest Days Inventory was 18.91. The lowest was 8.51. And the median was 13.93.
OSL:ODF's Days Inventory is ranked worse than 63.55% of 782
companies
in the Transportation industry
Industry Median: 11.49
vs OSL:ODF: 17.48
Odfjell SE's Days Inventory
increased
from Mar. 2023 (16.37) to Mar. 2024 (20.03).
It might indicate that Odfjell SE's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Odfjell SE's Inventory Turnover for the
three
months ended in Mar. 2024 was 4.56.
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.
Odfjell SE's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.12.
Odfjell SE Days Inventory Historical Data
The historical data trend for Odfjell SE'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 Odfjell SE's Days Inventory
For the Marine Shipping subindustry, Odfjell SE'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.
Odfjell SE's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Odfjell SE's Days Inventory distribution charts can be found below:
* The bar in red indicates where Odfjell SE's Days Inventory falls into.
Odfjell SE Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Odfjell SE'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.
Odfjell SE (OSL:ODF) 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.
Odfjell SE'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.
Odfjell SE'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.
Odfjell SE Days Inventory Related Terms
Thank you for viewing the detailed overview of Odfjell SE's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Odfjell SE is a company engaged in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products. It also owns and operates chemical tankers and tank terminals. The Company has two reportable operating segments: The Chemical Tankers involve a round-the-world service, servicing ports in Europe, North, and South America, the Middle East and Asia, Australia, and Africa, and The Tank Terminals segment offers storage of various chemical and petroleum products. It operates through various geographical regions which include North and South America, Norway, Netherlands, Australasia, Africa Middle East, and Asia, and derives a majority of its revenue from the Middle East and Asia.
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