GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aena SME SA (XMAD:AENA) » Definitions » Days Inventory

Aena SME (XMAD:AENA) Days Inventory : 1.00 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Aena SME Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aena SME's Average Total Inventories for the three months ended in Dec. 2023 was €6 Mil. Aena SME's Cost of Goods Sold for the three months ended in Dec. 2023 was €587 Mil. Hence, Aena SME's Days Inventory for the three months ended in Dec. 2023 was 1.00.

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

XMAD:AENA' s Days Inventory Range Over the Past 10 Years
Min: 1.33   Med: 1.62   Max: 1.73
Current: 1.38

During the past 13 years, Aena SME's highest Days Inventory was 1.73. The lowest was 1.33. And the median was 1.62.

XMAD:AENA's Days Inventory is ranked better than
88.08% of 780 companies
in the Transportation industry
Industry Median: 11.505 vs XMAD:AENA: 1.38

Aena SME's Days Inventory declined from Dec. 2022 (1.01) to Dec. 2023 (1.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aena SME's Inventory Turnover for the three months ended in Dec. 2023 was 91.21.

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. Aena SME's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Aena SME Days Inventory Historical Data

The historical data trend for Aena SME'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.

Aena SME Days Inventory Chart

Aena SME 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 1.62 1.62 1.52 1.42 1.33

Aena SME 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 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 1.01 1.58 1.57 1.64 1.00

Competitive Comparison of Aena SME's Days Inventory

For the Airports & Air Services subindustry, Aena SME'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.


Aena SME's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aena SME's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aena SME's Days Inventory falls into.



Aena SME Days Inventory Calculation

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

Aena SME'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
=( (6.54 + 6.04) / 2 ) / 1722.054*365
=6.29 / 1722.054*365
=1.33

Aena SME'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
=( (6.822 + 6.04) / 2 ) / 586.588*365 / 4
=6.431 / 586.588*365 / 4
=1.00

* 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.


Aena SME  (XMAD:AENA) 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.

Aena SME'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.

Aena SME'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.


Aena SME Days Inventory Related Terms

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


Aena SME (XMAD:AENA) Business Description

Address
Calle Peonias, 12, Madrid, ESP, 28042
Aena is a Spanish airport operator with 46 airports in Spain, including Madrid and Barcelona, and has stakes in 23 international airports. The group generates regulated and nonregulated revenue. Regulated revenue includes fees collected from takeoff and landing, passenger fees and security, whereas nonregulated revenue stems from commercial activities such as retail, food and beverage and advertising sales. In 2019, before the onset of the pandemic, the group catered to 275 million passengers through its Spanish airport network. The group was semiprivatized in 2015, with a listing on the Madrid exchange.

Aena SME (XMAD:AENA) Headlines

No Headlines