Days Inventory is also known as Days Sales of Inventory (DSI). Elia Group/NV's Average Total Inventories for the
six
months ended in Dec. 2023 was €32 Mil. Elia Group/NV's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €1,216 Mil.
Hence, Elia Group/NV's Days Inventory for the
six
months ended in Dec. 2023 was 4.81.
The historical rank and industry rank for Elia Group/NV's Days Inventory or its related term are showing as below:
LTS:0NTU'
s Days Inventory Range Over the Past 10 Years
Min: 3 Med: 9.32 Max: 25.4
Current: 4.54
During the past 13 years, Elia Group/NV's highest Days Inventory was 25.40. The lowest was 3.00. And the median was 9.32.
LTS:0NTU's Days Inventory is ranked better than 83.23% of 465
companies
in the Utilities - Regulated industry
Industry Median: 22.67
vs LTS:0NTU: 4.54
Elia Group/NV's Days Inventory
increased
from Dec. 2022 (2.79) to Dec. 2023 (4.81).
It might indicate that Elia Group/NV's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Elia Group/NV's Inventory Turnover for the
six
months ended in Dec. 2023 was 37.94.
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.
Elia Group/NV's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.02.
Elia Group/NV Days Inventory Historical Data
The historical data trend for Elia Group/NV'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 Elia Group/NV's Days Inventory
For the Utilities - Regulated Electric subindustry, Elia Group/NV'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.
Elia Group/NV's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Elia Group/NV's Days Inventory distribution charts can be found below:
* The bar in red indicates where Elia Group/NV's Days Inventory falls into.
Elia Group/NV Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Elia Group/NV'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.
Elia Group/NV (LTS:0NTU) 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.
Elia Group/NV's Inventory Turnover for the
six
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.
Elia Group/NV's Inventory to Revenue for the
six
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.
Elia Group/NV Days Inventory Related Terms
Thank you for viewing the detailed overview of Elia Group/NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company primarily generates revenue by serving as the electricity transmission system operator in both Germany and Belgium where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house most of the company's infrastructure investments. In its capacity as an electricity transmitter, Elia System facilitates long-term, day-ahead, and intraday energy markets.
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