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NTG Nordic Transport Group A/S (OCSE:NTG) Days Inventory : 0.00 (As of Dec. 2023)


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What is NTG Nordic Transport Group A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NTG Nordic Transport Group A/S's Average Total Inventories for the three months ended in Dec. 2023 was kr0 Mil. NTG Nordic Transport Group A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1,372 Mil. Hence, NTG Nordic Transport Group A/S's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for NTG Nordic Transport Group A/S's Days Inventory or its related term are showing as below:

OCSE:NTG's Days Inventory is not ranked *
in the Transportation industry.
Industry Median: 11.545
* Ranked among companies with meaningful Days Inventory only.

NTG Nordic Transport Group A/S's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. NTG Nordic Transport Group A/S's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


NTG Nordic Transport Group A/S Days Inventory Historical Data

The historical data trend for NTG Nordic Transport Group A/S'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.

NTG Nordic Transport Group A/S Days Inventory Chart

NTG Nordic Transport Group A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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NTG Nordic Transport Group A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of NTG Nordic Transport Group A/S's Days Inventory

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group A/S'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.


NTG Nordic Transport Group A/S's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group A/S's Days Inventory falls into.



NTG Nordic Transport Group A/S Days Inventory Calculation

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

NTG Nordic Transport Group A/S'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 + 0) / 1 ) / 6472*365
=0 / 6472*365
=0.00

NTG Nordic Transport Group A/S'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 + 0) / 1 ) / 1372*365 / 4
=0 / 1372*365 / 4
=0.00

* 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.


NTG Nordic Transport Group A/S  (OCSE:NTG) 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.

NTG Nordic Transport Group A/S's Inventory Turnover for the three months ended in Dec. 2023 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.

NTG Nordic Transport Group A/S's Inventory to Revenue for the three months ended in Dec. 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.


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.


NTG Nordic Transport Group A/S Days Inventory Related Terms

Thank you for viewing the detailed overview of NTG Nordic Transport Group A/S's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


NTG Nordic Transport Group A/S (OCSE:NTG) Business Description

Traded in Other Exchanges
Address
Hammerholmen 47-49, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group A/S is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air and Ocean and Road and Logistics fuelled by people power and technology. Business segments of the company include Road and Logistics and Air and Ocean. The majority of revenue is earned through Road and Logistics segment. The revenues are earned in Denmark, Sweden, the USA, Germany, Finland and other countries with the majority of the revenue earned in Denmark.