Days Inventory is also known as Days Sales of Inventory (DSI). SAS AB's Average Total Inventories for the
three
months ended in Jan. 2024 was €41 Mil. SAS AB's Cost of Goods Sold for the
three
months ended in Jan. 2024 was €739 Mil.
Hence, SAS AB's Days Inventory for the
three
months ended in Jan. 2024 was 5.08.
The historical rank and industry rank for SAS AB's Days Inventory or its related term are showing as below:
FRA:SSV2'
s Days Inventory Range Over the Past 10 Years
Min: 3.61 Med: 4.46 Max: 9.67
Current: 3.69
During the past 13 years, SAS AB's highest Days Inventory was 9.67. The lowest was 3.61. And the median was 4.46.
FRA:SSV2's Days Inventory is ranked better than 75.7% of 782
companies
in the Transportation industry
Industry Median: 11.49
vs FRA:SSV2: 3.69
SAS AB's Days Inventory
increased
from Jan. 2023 (3.31) to Jan. 2024 (5.08).
It might indicate that SAS AB's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SAS AB's Inventory Turnover for the
three
months ended in Jan. 2024 was 17.96.
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.
SAS AB's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.05.
SAS AB Days Inventory Historical Data
The historical data trend for SAS AB'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.
For the Airlines subindustry, SAS AB'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.
SAS AB's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, SAS AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where SAS AB's Days Inventory falls into.
SAS AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SAS AB's Days Inventory for the fiscal year that ended in Oct. 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.
SAS AB (FRA:SSV2) 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.
SAS AB's Inventory Turnover for the
three
months ended in Jan. 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.
SAS AB's Inventory to Revenue for the
three
months ended in Jan. 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.
SAS AB Days Inventory Related Terms
Thank you for viewing the detailed overview of SAS AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
SAS AB is a Scandinavian airline that offers transportation to many domestic and international destinations. Its target audience is frequent business and leisure travelers, and the airline attempts to develop services that make travel easier. Loyalty programs coupled with new applications and bundled packages give customers increased access and various options to plan a trip. Passenger traffic throughout Denmark, Norway, and Sweden account for approximately one-third of total revenue, but the airline does have a worldwide reach. Partnerships with other airlines enhance their global destination network and help customers use different airlines at numerous airports.
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