S IMMO AG (LTS:0MJ9) Days Inventory : 0.61 (As of Dec. 2023)

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What is S IMMO AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). S IMMO AG's Average Total Inventories for the three months ended in Dec. 2023 was €0.3 Mil. S IMMO AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €47.0 Mil. Hence, S IMMO AG's Days Inventory for the three months ended in Dec. 2023 was 0.61.

The historical rank and industry rank for S IMMO AG's Days Inventory or its related term are showing as below:

LTS:0MJ9' s Days Inventory Range Over the Past 10 Years
Min: 0.67 Med: 1.83 Max: 5.82
Current: 0.67

During the past 13 years, S IMMO AG's highest Days Inventory was 5.82. The lowest was 0.67. And the median was 1.83.

LTS:0MJ9's Days Inventory is ranked better than
98.27% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs LTS:0MJ9: 0.67

S IMMO AG's Days Inventory declined from Dec. 2022 (0.69) to Dec. 2023 (0.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. S IMMO AG's Inventory Turnover for the three months ended in Dec. 2023 was 150.73.

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. S IMMO AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

S IMMO AG Days Inventory Historical Data

The historical data trend for S IMMO AG'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.

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S IMMO AG Days Inventory Chart

S IMMO AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.53

1.16

0.95

0.84

0.74

S IMMO AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															0.69	0.65	0.70	0.68	0.61

Competitive Comparison of S IMMO AG's Days Inventory

For the Real Estate Services subindustry, S IMMO AG'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.

S IMMO AG's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, S IMMO AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where S IMMO AG's Days Inventory falls into.

S IMMO AG Days Inventory Calculation

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

S IMMO AG'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
=	( (0.3	+	0.356)	/	2 )	/	161.419	*	365
=	0.328					/	161.419	*	365
=	0.74

S IMMO AG'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.268	+	0.356)	/	2 )	/	47.028	*	365 / 4
=	0.312					/	47.028	*	365 / 4
=	0.61

S IMMO AG (LTS:0MJ9) 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.

S IMMO AG's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	47.028	/	0.312
	=	150.73

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.

S IMMO AG's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.312	/	96.132
	=	0.00

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.

S IMMO AG Days Inventory Related Terms

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

S IMMO AG (LTS:0MJ9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » S IMMO AG (LTS:0MJ9) » Definitions » Days Inventory

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Traded in Other Exchanges

T1L:Germany SPI:Austria

Address

Friedrichstrasse 10, 5th floor, Vienna, AUT, 1010

Website

https://www.simmoag.at

S IMMO AG is a real estate investment company. It manages property investments by developing, buying, letting, operating, renovating, and selling properties in Austria, Germany, Czechia, Hungary, Slovakia, Bulgaria, Romania, and Croatia. The firm's activities include property project development, the operation of hotels and shopping centers, and also revitalization and renovation of standing properties and asset management. Its property portfolio consists of offices, shopping centers, and hotels. The company derives a majority of its revenues from rental income.

S IMMO AG (LTS:0MJ9) Headlines

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