Tallink Grupp AS (OTSE:TAL1T) Days Inventory : 26.02 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Tallink Grupp AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tallink Grupp AS's Average Total Inventories for the three months ended in Mar. 2024 was €41.8 Mil. Tallink Grupp AS's Cost of Goods Sold for the three months ended in Mar. 2024 was €146.6 Mil. Hence, Tallink Grupp AS's Days Inventory for the three months ended in Mar. 2024 was 26.02.

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

OTSE:TAL1T' s Days Inventory Range Over the Past 10 Years
Min: 15.3 Med: 18.49 Max: 25.39
Current: 23.86

During the past 13 years, Tallink Grupp AS's highest Days Inventory was 25.39. The lowest was 15.30. And the median was 18.49.

OTSE:TAL1T's Days Inventory is ranked worse than
71.52% of 776 companies
in the Transportation industry
Industry Median: 11.41 vs OTSE:TAL1T: 23.86

Tallink Grupp AS's Days Inventory increased from Mar. 2023 (25.17) to Mar. 2024 (26.02). It might indicate that Tallink Grupp AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tallink Grupp AS's Inventory Turnover for the three months ended in Mar. 2024 was 3.51.

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. Tallink Grupp AS's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.26.

Tallink Grupp AS Days Inventory Historical Data

The historical data trend for Tallink Grupp 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.

Tallink Grupp AS Days Inventory Chart

Tallink Grupp AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

17.71

24.75

25.39

20.69

23.52

Tallink Grupp AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															25.17	23.23	22.95	23.32	26.02

Competitive Comparison of Tallink Grupp AS's Days Inventory

For the Marine Shipping subindustry, Tallink Grupp 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.

Tallink Grupp AS's Days Inventory Distribution in the Transportation Industry

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

* The bar in red indicates where Tallink Grupp AS's Days Inventory falls into.

Tallink Grupp AS Days Inventory Calculation

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

Tallink Grupp AS'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
=	( (39.965	+	41.411)	/	2 )	/	631.491	*	365
=	40.688					/	631.491	*	365
=	23.52

Tallink Grupp AS's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (41.411	+	42.192)	/	2 )	/	146.603	*	365 / 4
=	41.8015					/	146.603	*	365 / 4
=	26.02

Tallink Grupp AS (OTSE:TAL1T) 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.

Tallink Grupp AS's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	146.603	/	41.8015
	=	3.51

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.

Tallink Grupp AS's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	41.8015	/	160.402
	=	0.26

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.

Tallink Grupp AS Days Inventory Related Terms

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

Tallink Grupp AS (OTSE:TAL1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Tallink Grupp AS (OTSE:TAL1T) » Definitions » Days Inventory

Traded in Other Exchanges

TALLINK:Finland T5N:Germany T5N:Germany

Address

Sadama 5, Tallinn, EST, 10111

Website

https://www.tallink.com

Tallink Grupp AS provides marine passenger and cargo transportation services in the Baltic Sea. It operates a total fleet of approximately more than15 vessels that include cruise ferries, high-speed ro-pax ferries, and ro-ro cargo vessels. In addition, the Group operates three hotels in Tallinn and one in Riga, and also eight restaurants of the fast-food chain in Estonia, Latvia, and Lithuania. It offers services on various routes between Estonia, Finland, Sweden, and Latvia under the Tallink and Silja Line brands. The company operates through the following segments: Estonia - Finland, Finland - Sweden, Estonia - Sweden, Latvia - Sweden, and Others.

Tallink Grupp AS (OTSE:TAL1T) Headlines

No Headlines