Lithuanian Shipping Company PC (OVSE:LJL1L) Days Inventory: 13.70 (As of Sep. 2015) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Lithuanian Shipping Company PC Days Inventory?

Lithuanian Shipping Company PC OVSE:LJL1L Days Inventory is 13.70 as of Sep. 2015, which is 2% below its 10-year median of 14.05. The stock has 6 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Lithuanian Shipping Company PC's Average Total Inventories for the three months ended in Sep. 2015 was €0.53 Mil. Lithuanian Shipping Company PC's Cost of Goods Sold for the three months ended in Sep. 2015 was €3.53 Mil. Hence, Lithuanian Shipping Company PC's Days Inventory for the three months ended in Sep. 2015 was 13.70.

The historical rank and industry rank for Lithuanian Shipping Company PC's Days Inventory or its related term are showing as below:

OVSE:LJL1L' s Days Inventory Range Over the Past 10 Years
Min: 6.29   Med: 14.05   Max: 19.51
Current: 16.82

During the past 8 years, Lithuanian Shipping Company PC's highest Days Inventory was 19.51. The lowest was 6.29. And the median was 14.05.

OVSE:LJL1L's Days Inventory is not ranked
in the Transportation industry.
Industry Median: 12.24 vs OVSE:LJL1L: 16.82

Lithuanian Shipping Company PC's Days Inventory declined from Sep. 2014 (19.29) to Sep. 2015 (13.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lithuanian Shipping Company PC's Inventory Turnover for the three months ended in Sep. 2015 was 6.66.

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. Lithuanian Shipping Company PC's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.75.


Lithuanian Shipping Company PC  (OVSE:LJL1L) 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.

Lithuanian Shipping Company PC's Inventory Turnover for the three months ended in Sep. 2015 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.

Lithuanian Shipping Company PC's Inventory to Revenue for the three months ended in Sep. 2015 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.


Lithuanian Shipping Company PC Days Inventory Related Terms


Lithuanian Shipping Company PC Days Inventory Historical Data

* Premium members only.

The historical data trend for Lithuanian Shipping Company PC'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.

Lithuanian Shipping Company PC Days Inventory Chart

Lithuanian Shipping Company PC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial 6.25 7.95 15.50 16.39 17.92

Lithuanian Shipping Company PC Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 19.29 20.95 17.35 13.96 13.70

OVSE:LJL1L vs PRGNF, TEUFF, BSTN: Days Inventory Comparison

For the Marine Shipping subindustry, Lithuanian Shipping Company PC'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.


Lithuanian Shipping Company PC Days Inventory vs Transportation Industry

For the Transportation industry and Industrials sector, Lithuanian Shipping Company PC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lithuanian Shipping Company PC's Days Inventory falls into.



Lithuanian Shipping Company PC Days Inventory Calculation

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

Lithuanian Shipping Company PC's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (1.186 + 0.973) / 2 ) / 21.989*365
=1.0795 / 21.989*365
=17.92

Lithuanian Shipping Company PC's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

Days Inventory (Q: Sep. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (0.519 + 0.54) / 2 ) / 3.526*365 / 4
=0.5295 / 3.526*365 / 4
=13.70

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 13.70 mean?
Lithuanian Shipping Company PC (OVSE:LJL1L) has a Days Inventory of 13.70 as of Sep. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lithuanian Shipping Company PC and its competitors. This is near median its historical median of 14.05. Over the past decade, Lithuanian Shipping Company PC's Days Inventory has ranged from 6.29 to 19.51.
Is Lithuanian Shipping Company PC's Days Inventory too high?
Lithuanian Shipping Company PC's current Days Inventory of 13.70 is near median its 10-year median of 14.05. Over the past 10 years, this metric has ranged from a low of 6.29 to a high of 19.51. The Transportation industry median Days Inventory is 12.24. Lithuanian Shipping Company PC's value of 13.70 is 11.9% above this industry median.
How does Lithuanian Shipping Company PC's Days Inventory compare to PRGNF and TEUFF?
Lithuanian Shipping Company PC's Days Inventory of 13.70 can be compared against companies in the Transportation industry. The industry median Days Inventory is 12.24. Lithuanian Shipping Company PC's value of 13.70 is 11.9% above this benchmark. Historically, Lithuanian Shipping Company PC's own Days Inventory has ranged from 6.29 to 19.51 over the past decade. While the company's 10-year median is 14.05 vs. the industry median of 12.24, Lithuanian Shipping Company PC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Transportation company?
The median Days Inventory among Transportation companies is 12.24, based on 803 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lithuanian Shipping Company PC's current Days Inventory of 13.70 is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lithuanian Shipping Company PC and its competitors. For the Transportation industry, the median Days Inventory is 12.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lithuanian Shipping Company PC's current Days Inventory is 13.70, which is near median its own 10-year median of 14.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lithuanian Shipping Company PC stock overvalued right now?
Lithuanian Shipping Company PC (OVSE:LJL1L) has a current Days Inventory of 13.70. The current Days Inventory is 13.70, which is near median its 10-year median of 14.05 and 11.9% above the Transportation industry median of 12.24. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Lithuanian Shipping Company PC (OVSE:LJL1L), the current Days Inventory is 13.70 as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lithuanian Shipping Company PC Business Description

Lietuvos juru laivininkyste is a shipping company. It is engaged in carrying bulk, timber, general and container cargoes by sea transport and leasing ships. The Company owns a fleet of cargo vessels as well as ferries for transportation of cargoes.