Days Inventory is also known as Days Sales of Inventory (DSI). Altarea SCA's Average Total Inventories for the
six
months ended in Jun. 2023 was €1,253 Mil. Altarea SCA's Cost of Goods Sold for the
six
months ended in Jun. 2023 was €951 Mil.
Hence, Altarea SCA's Days Inventory for the
six
months ended in Jun. 2023 was 240.41.
The historical rank and industry rank for Altarea SCA's Days Inventory or its related term are showing as below:
XPAR:ALTA'
s Days Inventory Range Over the Past 10 Years
Min: 143.75 Med: 230.18 Max: 358.59
Current: 180.36
During the past 13 years, Altarea SCA's highest Days Inventory was 358.59. The lowest was 143.75. And the median was 230.18.
XPAR:ALTA's Days Inventory is ranked worse than 56.25% of 144
companies
in the REITs industry
Industry Median: 87.15
vs XPAR:ALTA: 180.36
Altarea SCA's Days Inventory
increased
from Jun. 2022 (173.58) to Jun. 2023 (240.41).
It might indicate that Altarea SCA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Altarea SCA's Inventory Turnover for the
six
months ended in Jun. 2023 was 0.76.
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.
Altarea SCA's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 1.02.
Altarea SCA Days Inventory Historical Data
The historical data trend for Altarea SCA'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 Altarea SCA's Days Inventory
For the REIT - Residential subindustry, Altarea SCA'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.
Altarea SCA's Days Inventory Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Altarea SCA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Altarea SCA's Days Inventory falls into.
Altarea SCA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Altarea SCA's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Altarea SCA (XPAR:ALTA) 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.
Altarea SCA's Inventory Turnover for the
six
months ended in Jun. 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.
Altarea SCA's Inventory to Revenue for the
six
months ended in Jun. 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.
Altarea SCA Days Inventory Related Terms
Thank you for viewing the detailed overview of Altarea SCA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.
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