Days Inventory is also known as Days Sales of Inventory (DSI). Hapag-Lloyd AG's Average Total Inventories for the
three
months ended in Dec. 2023 was €453 Mil. Hapag-Lloyd AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €3,647 Mil.
Hence, Hapag-Lloyd AG's Days Inventory for the
three
months ended in Dec. 2023 was 11.34.
The historical rank and industry rank for Hapag-Lloyd AG's Days Inventory or its related term are showing as below:
LTS:0RCG'
s Days Inventory Range Over the Past 10 Years
Min: 5.37 Med: 7.26 Max: 11.07
Current: 10.58
During the past 13 years, Hapag-Lloyd AG's highest Days Inventory was 11.07. The lowest was 5.37. And the median was 7.26.
LTS:0RCG's Days Inventory is ranked better than 52.82% of 780
companies
in the Transportation industry
Industry Median: 11.505
vs LTS:0RCG: 10.58
Hapag-Lloyd AG's Days Inventory
increased
from Dec. 2022 (10.81) to Dec. 2023 (11.34).
It might indicate that Hapag-Lloyd AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Hapag-Lloyd AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 8.05.
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.
Hapag-Lloyd AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.12.
Hapag-Lloyd AG Days Inventory Historical Data
The historical data trend for Hapag-Lloyd AG'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 Hapag-Lloyd AG's Days Inventory
For the Marine Shipping subindustry, Hapag-Lloyd AG'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.
Hapag-Lloyd AG's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Hapag-Lloyd AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hapag-Lloyd AG's Days Inventory falls into.
Hapag-Lloyd AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hapag-Lloyd AG'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.
Hapag-Lloyd AG (LTS:0RCG) 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.
Hapag-Lloyd AG's Inventory Turnover for the
three
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.
Hapag-Lloyd AG's Inventory to Revenue for the
three
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.
Hapag-Lloyd AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Hapag-Lloyd AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hapag-Lloyd AG is a global liner shipping company engaged in the transportation of various products which include Food products, chemical products, mechanical engineering products, raw materials, textiles, and other products through containers and vessels. Hapag also provides various services such as e-business solutions, security information services, and special cargo services. Its geographical area of operation includes Atlantic, Transpacific, Far East, Middle East, Latin America, Intra-Asia, and Africa.
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