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Aedas Homes (XMAD:AEDAS) Days Inventory : 419.17 (As of Mar. 2024)


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What is Aedas Homes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aedas Homes's Average Total Inventories for the six months ended in Mar. 2024 was €1,639 Mil. Aedas Homes's Cost of Goods Sold for the six months ended in Mar. 2024 was €714 Mil. Hence, Aedas Homes's Days Inventory for the six months ended in Mar. 2024 was 419.17.

The historical rank and industry rank for Aedas Homes's Days Inventory or its related term are showing as below:

XMAD:AEDAS' s Days Inventory Range Over the Past 10 Years
Min: 622.93   Med: 995.4   Max: 6954.83
Current: 666.5

During the past 8 years, Aedas Homes's highest Days Inventory was 6954.83. The lowest was 622.93. And the median was 995.40.

XMAD:AEDAS's Days Inventory is ranked better than
51.71% of 1319 companies
in the Real Estate industry
Industry Median: 697.68 vs XMAD:AEDAS: 666.50

Aedas Homes's Days Inventory declined from Mar. 2023 (571.64) to Mar. 2024 (419.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aedas Homes's Inventory Turnover for the six months ended in Mar. 2024 was 0.44.

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. Aedas Homes's Inventory-to-Revenue for the six months ended in Mar. 2024 was 1.79.


Aedas Homes Days Inventory Historical Data

The historical data trend for Aedas Homes'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.

Aedas Homes Days Inventory Chart

Aedas Homes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 2,019.74 995.40 966.36 830.38 622.93

Aedas Homes Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 737.13 1,892.78 571.64 1,789.18 419.17

Competitive Comparison of Aedas Homes's Days Inventory

For the Real Estate - Development subindustry, Aedas Homes'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.


Aedas Homes's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aedas Homes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aedas Homes's Days Inventory falls into.



Aedas Homes Days Inventory Calculation

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

Aedas Homes's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1587.026 + 1444.626) / 2 ) / 888.183*365
=1515.826 / 888.183*365
=622.93

Aedas Homes'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1833.927 + 1444.626) / 2 ) / 713.712*365 / 2
=1639.2765 / 713.712*365 / 2
=419.17

* 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.


Aedas Homes  (XMAD:AEDAS) 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.

Aedas Homes's Inventory Turnover for the six months ended in Mar. 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.

Aedas Homes's Inventory to Revenue for the six months ended in Mar. 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.


Aedas Homes Days Inventory Related Terms

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


Aedas Homes (XMAD:AEDAS) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana, 42, planta 8, Madrid, ESP, 28046
Aedas Homes SA is a Spain based company engages in the acquisition and development of properties. It is a real estate developer that offers different types of homes in Spain, including apartments, houses, villas, duplexes and others. The company focuses on Alicante, Barcelona, Madrid, Malaga, Mallorca, Seville, and other regions of Spain.

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