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Dampskibsselskabet Norden AS (LTS:0HDP) Days Inventory : 12.68 (As of Dec. 2024)


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What is Dampskibsselskabet Norden AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dampskibsselskabet Norden AS's Average Total Inventories for the three months ended in Dec. 2024 was kr1,017 Mil. Dampskibsselskabet Norden AS's Cost of Goods Sold for the three months ended in Dec. 2024 was kr7,320 Mil. Hence, Dampskibsselskabet Norden AS's Days Inventory for the three months ended in Dec. 2024 was 12.68.

The historical rank and industry rank for Dampskibsselskabet Norden AS's Days Inventory or its related term are showing as below:

LTS:0HDP' s Days Inventory Range Over the Past 10 Years
Min: 10.06   Med: 11.8   Max: 13.69
Current: 13.11

During the past 13 years, Dampskibsselskabet Norden AS's highest Days Inventory was 13.69. The lowest was 10.06. And the median was 11.80.

LTS:0HDP's Days Inventory is ranked worse than
53.35% of 776 companies
in the Transportation industry
Industry Median: 11.97 vs LTS:0HDP: 13.11

Dampskibsselskabet Norden AS's Days Inventory increased from Dec. 2023 (11.23) to Dec. 2024 (12.68). It might indicate that Dampskibsselskabet Norden AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dampskibsselskabet Norden AS's Inventory Turnover for the three months ended in Dec. 2024 was 7.20.

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. Dampskibsselskabet Norden AS's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.14.


Dampskibsselskabet Norden AS Days Inventory Historical Data

The historical data trend for Dampskibsselskabet Norden AS'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.

Dampskibsselskabet Norden AS Days Inventory Chart

Dampskibsselskabet Norden AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.87 10.15 10.06 13.69 11.46

Dampskibsselskabet Norden AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.23 12.89 13.84 14.34 12.68

Competitive Comparison of Dampskibsselskabet Norden AS's Days Inventory

For the Marine Shipping subindustry, Dampskibsselskabet Norden AS'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.


Dampskibsselskabet Norden AS's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dampskibsselskabet Norden AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dampskibsselskabet Norden AS's Days Inventory falls into.



Dampskibsselskabet Norden AS Days Inventory Calculation

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

Dampskibsselskabet Norden AS's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (766.181 + 978.577) / 2 ) / 27785.449*365
=872.379 / 27785.449*365
=11.46

Dampskibsselskabet Norden AS's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1056.07 + 978.577) / 2 ) / 7320.095*365 / 4
=1017.3235 / 7320.095*365 / 4
=12.68

* 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.


Dampskibsselskabet Norden AS  (LTS:0HDP) 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.

Dampskibsselskabet Norden AS's Inventory Turnover for the three months ended in Dec. 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.

Dampskibsselskabet Norden AS's Inventory to Revenue for the three months ended in Dec. 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.


Dampskibsselskabet Norden AS Days Inventory Related Terms

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Dampskibsselskabet Norden AS Business Description

Traded in Other Exchanges
Address
52, Strandvejen, Hellerup, DNK, DK-2900
Dampskibsselskabet Norden AS is an independent shipping company. The company's operating segments include Assets & Logistics and Freight Services & Trading. It generates maximum revenue from Freight Services & Trading segment which offers transport of bulk commodities such as grain, coal, iron ore and sugar, and of fuel oil and refined oil products. Geographically, it generates revenue from China, Singapore, United States of America, Mexico and Other regions.

Dampskibsselskabet Norden AS Headlines

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