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Safestore Holdings (FRA:IHF) Days Inventory : 2.03 (As of Apr. 2024)


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What is Safestore Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Safestore Holdings's Average Total Inventories for the six months ended in Apr. 2024 was €0.5 Mil. Safestore Holdings's Cost of Goods Sold for the six months ended in Apr. 2024 was €41.6 Mil. Hence, Safestore Holdings's Days Inventory for the six months ended in Apr. 2024 was 2.03.

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

FRA:IHF' s Days Inventory Range Over the Past 10 Years
Min: 1.41   Med: 1.81   Max: 2.57
Current: 2.05

During the past 13 years, Safestore Holdings's highest Days Inventory was 2.57. The lowest was 1.41. And the median was 1.81.

FRA:IHF's Days Inventory is ranked better than
91.89% of 148 companies
in the REITs industry
Industry Median: 119.63 vs FRA:IHF: 2.05

Safestore Holdings's Days Inventory increased from Apr. 2023 (1.86) to Apr. 2024 (2.03). It might indicate that Safestore Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safestore Holdings's Inventory Turnover for the six months ended in Apr. 2024 was 89.75.

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. Safestore Holdings's Inventory-to-Revenue for the six months ended in Apr. 2024 was 0.00.


Safestore Holdings Days Inventory Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Days Inventory Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.98 2.50 2.35 1.82

Safestore Holdings Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 2.80 1.93 1.86 2.04 2.03

Competitive Comparison of Safestore Holdings's Days Inventory

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Days Inventory Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safestore Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Safestore Holdings's Days Inventory falls into.



Safestore Holdings Days Inventory Calculation

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

Safestore Holdings's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (0.345 + 0.461) / 2 ) / 80.627*365
=0.403 / 80.627*365
=1.82

Safestore Holdings's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

Days Inventory (Q: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (0.461 + 0.467) / 2 ) / 41.642*365 / 2
=0.464 / 41.642*365 / 2
=2.03

* 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.


Safestore Holdings  (FRA:IHF) 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.

Safestore Holdings's Inventory Turnover for the six months ended in Apr. 2024 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.

Safestore Holdings's Inventory to Revenue for the six months ended in Apr. 2024 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.


Safestore Holdings Days Inventory Related Terms

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


Safestore Holdings Business Description

Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.