Flughafen Zuerich AG (Flughafen Zuerich AG) Days Inventory

: 12.19 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Flughafen Zuerich AG's Average Total Inventories for the six months ended in Dec. 2023 was $22 Mil. Flughafen Zuerich AG's Cost of Goods Sold for the six months ended in Dec. 2023 was $330 Mil. Hence, Flughafen Zuerich AG's Days Inventory for the six months ended in Dec. 2023 was 12.19.

The historical rank and industry rank for Flughafen Zuerich AG's Days Inventory or its related term are showing as below:

FLGZY' s Days Inventory Range Over the Past 10 Years
Min: 6.77 Med: 7.67 Max: 10.71
Current: 10.71

During the past 13 years, Flughafen Zuerich AG's highest Days Inventory was 10.71. The lowest was 6.77. And the median was 7.67.

FLGZY's Days Inventory is ranked better than
52.68% of 784 companies
in the Transportation industry
Industry Median: 11.545 vs FLGZY: 10.71

Flughafen Zuerich AG's Days Inventory increased from Dec. 2022 (7.01) to Dec. 2023 (12.19). It might indicate that Flughafen Zuerich AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flughafen Zuerich AG's Inventory Turnover for the six months ended in Dec. 2023 was 14.97.

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. Flughafen Zuerich AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.

Flughafen Zuerich AG Days Inventory Historical Data

The historical data trend for Flughafen Zuerich 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.

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Flughafen Zuerich AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

7.47

9.39

8.92

7.31

9.62

Flughafen Zuerich AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory																8.45	7.34	7.01	9.69	12.19

Competitive Comparison

For the Airports & Air Services subindustry, Flughafen Zuerich 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.

Flughafen Zuerich AG Days Inventory Distribution

For the Transportation industry and Industrials sector, Flughafen Zuerich AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Flughafen Zuerich AG's Days Inventory falls into.

Flughafen Zuerich AG Days Inventory Calculation

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

Flughafen Zuerich AG'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
=	( (11.7	+	22.78)	/	2 )	/	654.024	*	365
=	17.24					/	654.024	*	365
=	9.62

Flughafen Zuerich AG'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (21.324	+	22.78)	/	2 )	/	330.134	*	365 / 2
=	22.052					/	330.134	*	365 / 2
=	12.19

Flughafen Zuerich AG (OTCPK:FLGZY) 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.

Flughafen Zuerich AG's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	330.134	/	22.052
	=	14.97

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.

Flughafen Zuerich AG's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.052	/	762.72
	=	0.03

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.

Flughafen Zuerich AG Days Inventory Related Terms

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Flughafen Zuerich AG (Flughafen Zuerich AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Flughafen Zuerich AG (OTCPK:FLGZY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

UZAPF:USA FHZNz:UK 0RG6:UK FHZN:Switzerland

Address

Zurich-Flughafen, Postfach, Zurich, CHE, CH-8058

Website

https://www.flughafen-zuerich.ch

Flughafen Zuerich AG owns and operates Zurich Airport, and offers services to international, domestic, and regional flights. Its services provided for passengers encompass activities related to the departure, arrival, and transfer areas at the airport. Revenue is split between aviation (majority of total revenue) and nonaviation services. Aviation services primarily derive from passenger and landing charges. Nonaviation services refer to retail and parking charges, sales from facility management, and other services provided at the airport. Passengers traveling within Europe cover approximately three fourths of total passengers, with many tourist cities being popular destinations.