Sanoma Oyj (OHEL:SANOMA) Days Inventory

: 69.99 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Sanoma Oyj's Average Total Inventories for the three months ended in Dec. 2023 was €64 Mil. Sanoma Oyj's Cost of Goods Sold for the three months ended in Dec. 2023 was €84 Mil. Hence, Sanoma Oyj's Days Inventory for the three months ended in Dec. 2023 was 69.99.

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

OHEL:SANOMA' s Days Inventory Range Over the Past 10 Years
Min: 28.58 Med: 36.05 Max: 64.73
Current: 64.73

During the past 13 years, Sanoma Oyj's highest Days Inventory was 64.73. The lowest was 28.58. And the median was 36.05.

OHEL:SANOMA's Days Inventory is ranked worse than
65.75% of 657 companies
in the Media - Diversified industry
Industry Median: 26.32 vs OHEL:SANOMA: 64.73

Sanoma Oyj's Days Inventory declined from Dec. 2022 (78.68) to Dec. 2023 (69.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanoma Oyj's Inventory Turnover for the three months ended in Dec. 2023 was 1.30.

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. Sanoma Oyj's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.

Sanoma Oyj Days Inventory Historical Data

The historical data trend for Sanoma Oyj'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.

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Sanoma Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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40.25

36.44

35.65

42.60

46.72

Sanoma Oyj Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															78.68	101.68	103.88	42.98	69.99

Competitive Comparison

For the Publishing subindustry, Sanoma Oyj'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.

Sanoma Oyj Days Inventory Distribution

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

* The bar in red indicates where Sanoma Oyj's Days Inventory falls into.

Sanoma Oyj Days Inventory Calculation

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

Sanoma Oyj'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
=	( (71.2	+	53.5)	/	2 )	/	487.1	*	365
=	62.35					/	487.1	*	365
=	46.72

Sanoma Oyj's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (75.2	+	53.5)	/	2 )	/	83.9	*	365 / 4
=	64.35					/	83.9	*	365 / 4
=	69.99

Sanoma Oyj (OHEL:SANOMA) 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.

Sanoma Oyj's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.9	/	64.35
	=	1.30

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.

Sanoma Oyj's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	64.35	/	253.5
	=	0.25

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.

Sanoma Oyj Days Inventory Related Terms

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

Sanoma Oyj (OHEL:SANOMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sanoma Oyj (OHEL:SANOMA) » Definitions » Days Inventory

Traded in Other Exchanges

0JLQ:UK SNQB:Germany

Address

Toolonlahdenkatu 2, Helsinki, FIN, 00100

Website

https://www.sanoma.com

Sanoma Oyj is an innovative and agile learning and media company. The group publishes magazines and newspapers along with educational learning literature and services. It operates in two segments: Learning and Media Finland. Sanoma's learning products and services enable teachers to develop the talents of every child to reach their full potential. The company offers printed and digital learning content as well as digital learning and teaching platforms for primary, secondary, and vocational education. The Finnish media business of Sanoma provides information, experiences, inspiration, and entertainment via multiple media platforms: newspapers, radio, television, events, magazines, online, and mobile channels. The company's publications include Helsingin Sanomat, IltaSanomat among others.

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