Salamis Tours (Holdings) Public (CYS:SAL) Days Inventory : 7.24 (As of Dec. 2023)

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What is Salamis Tours (Holdings) Public Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Salamis Tours (Holdings) Public's Average Total Inventories for the six months ended in Dec. 2023 was €1.18 Mil. Salamis Tours (Holdings) Public's Cost of Goods Sold for the six months ended in Dec. 2023 was €29.65 Mil. Hence, Salamis Tours (Holdings) Public's Days Inventory for the six months ended in Dec. 2023 was 7.24.

The historical rank and industry rank for Salamis Tours (Holdings) Public's Days Inventory or its related term are showing as below:

CYS:SAL' s Days Inventory Range Over the Past 10 Years
Min: 3.75 Med: 5.02 Max: 6.78
Current: 6.78

During the past 9 years, Salamis Tours (Holdings) Public's highest Days Inventory was 6.78. The lowest was 3.75. And the median was 5.02.

CYS:SAL's Days Inventory is ranked better than
75.86% of 671 companies
in the Travel & Leisure industry
Industry Median: 35.8 vs CYS:SAL: 6.78

Salamis Tours (Holdings) Public's Days Inventory declined from Dec. 2022 (7.70) to Dec. 2023 (7.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Salamis Tours (Holdings) Public's Inventory Turnover for the six months ended in Dec. 2023 was 25.20.

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. Salamis Tours (Holdings) Public's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.

Salamis Tours (Holdings) Public Days Inventory Historical Data

The historical data trend for Salamis Tours (Holdings) Public'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.

Salamis Tours (Holdings) Public Days Inventory Chart

Salamis Tours (Holdings) Public Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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5.02

5.23

4.39

4.54

6.76

Salamis Tours (Holdings) Public Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											5.33	7.06	7.70	6.28	7.24

Competitive Comparison of Salamis Tours (Holdings) Public's Days Inventory

For the Travel Services subindustry, Salamis Tours (Holdings) Public'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.

Salamis Tours (Holdings) Public's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Salamis Tours (Holdings) Public's Days Inventory distribution charts can be found below:

* The bar in red indicates where Salamis Tours (Holdings) Public's Days Inventory falls into.

Salamis Tours (Holdings) Public Days Inventory Calculation

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

Salamis Tours (Holdings) Public'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
=	( (0.788	+	1.301)	/	2 )	/	56.37	*	365
=	1.0445					/	56.37	*	365
=	6.76

Salamis Tours (Holdings) Public'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
=	( (1.052	+	1.301)	/	2 )	/	29.652	*	365 / 2
=	1.1765					/	29.652	*	365 / 2
=	7.24

Salamis Tours (Holdings) Public (CYS:SAL) 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.

Salamis Tours (Holdings) Public's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.652	/	1.1765
	=	25.20

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.

Salamis Tours (Holdings) Public's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1765	/	41.267
	=	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.

Salamis Tours (Holdings) Public Days Inventory Related Terms

Thank you for viewing the detailed overview of Salamis Tours (Holdings) Public's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Salamis Tours (Holdings) Public (CYS:SAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Salamis Tours (Holdings) Public Ltd (CYS:SAL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, G. Katsounotos Street, P.O.Box 50531, Salamis House, Limassol, CYP, 3607

Website

http://www.salamistours.com

Salamis Tours (Holdings) Public Ltd provides cruise shipping services. It is engaged in providing cruise, travel, tourism, shipping, and transportation services.