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AS Ekspress Grupp (OTSE:EEG1T) Days Inventory : 2.20 (As of Mar. 2024)


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What is AS Ekspress Grupp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AS Ekspress Grupp's Average Total Inventories for the three months ended in Mar. 2024 was €0.33 Mil. AS Ekspress Grupp's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.57 Mil. Hence, AS Ekspress Grupp's Days Inventory for the three months ended in Mar. 2024 was 2.20.

The historical rank and industry rank for AS Ekspress Grupp's Days Inventory or its related term are showing as below:

OTSE:EEG1T' s Days Inventory Range Over the Past 10 Years
Min: 1.95   Med: 21.44   Max: 31.53
Current: 1.95

During the past 13 years, AS Ekspress Grupp's highest Days Inventory was 31.53. The lowest was 1.95. And the median was 21.44.

OTSE:EEG1T's Days Inventory is ranked better than
89.36% of 658 companies
in the Media - Diversified industry
Industry Median: 25.325 vs OTSE:EEG1T: 1.95

AS Ekspress Grupp's Days Inventory increased from Mar. 2023 (1.89) to Mar. 2024 (2.20). It might indicate that AS Ekspress Grupp's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AS Ekspress Grupp's Inventory Turnover for the three months ended in Mar. 2024 was 41.56.

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. AS Ekspress Grupp's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


AS Ekspress Grupp Days Inventory Historical Data

The historical data trend for AS Ekspress Grupp'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.

AS Ekspress Grupp Days Inventory Chart

AS Ekspress Grupp 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 21.96 31.53 13.90 2.09 2.01

AS Ekspress Grupp 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 1.89 1.74 1.99 1.84 2.20

Competitive Comparison of AS Ekspress Grupp's Days Inventory

For the Advertising Agencies subindustry, AS Ekspress Grupp'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.


AS Ekspress Grupp's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AS Ekspress Grupp's Days Inventory distribution charts can be found below:

* The bar in red indicates where AS Ekspress Grupp's Days Inventory falls into.



AS Ekspress Grupp Days Inventory Calculation

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

AS Ekspress Grupp'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
=( (0.286 + 0.321) / 2 ) / 55.046*365
=0.3035 / 55.046*365
=2.01

AS Ekspress Grupp'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
=( (0.321 + 0.332) / 2 ) / 13.568*365 / 4
=0.3265 / 13.568*365 / 4
=2.20

* 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.


AS Ekspress Grupp  (OTSE:EEG1T) 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.

AS Ekspress Grupp'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.

AS Ekspress Grupp'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.


AS Ekspress Grupp Days Inventory Related Terms

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


AS Ekspress Grupp (OTSE:EEG1T) Business Description

Traded in Other Exchanges
Address
Narva maantee 13, Tallinn, EST, 10151
AS Ekspress Grupp is a media company whose key activities include web media content production as well as the publishing of newspapers, magazines, and books. The business activities of the group function through the Media segment. The media segment comprises the operations of online news portals and classified portals, advertising sales in own portals in the Baltics and publishing of newspapers, magazines, customer and advertising fliers, publishing, and publication of books as well as the sale of digital outdoor advertising in Estonia and Latvia. The group also operates an electronic ticket sales platform and ticket offices and provides an outdoor screen service in Estonia and Latvia.

AS Ekspress Grupp (OTSE:EEG1T) Headlines

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