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Edenred SE (XPAR:EDEN) Days Inventory : 126.94 (As of Jun. 2024)


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What is Edenred SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Edenred SE's Average Total Inventories for the six months ended in Jun. 2024 was €390 Mil. Edenred SE's Cost of Goods Sold for the six months ended in Jun. 2024 was €560 Mil. Hence, Edenred SE's Days Inventory for the six months ended in Jun. 2024 was 126.94.

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

XPAR:EDEN' s Days Inventory Range Over the Past 10 Years
Min: 11.76   Med: 15.23   Max: 169.88
Current: 169.88

During the past 13 years, Edenred SE's highest Days Inventory was 169.88. The lowest was 11.76. And the median was 15.23.

XPAR:EDEN's Days Inventory is ranked worse than
77.55% of 98 companies
in the Credit Services industry
Industry Median: 51.13 vs XPAR:EDEN: 169.88

Edenred SE's Days Inventory declined from Jun. 2023 (157.65) to Jun. 2024 (126.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Edenred SE's Inventory Turnover for the six months ended in Jun. 2024 was 1.44.

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. Edenred SE's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.28.


Edenred SE Days Inventory Historical Data

The historical data trend for Edenred SE'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.

Edenred SE Days Inventory Chart

Edenred SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.56 21.25 23.82 24.23 24.00

Edenred SE Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 141.75 129.98 157.65 139.92 126.94

Competitive Comparison of Edenred SE's Days Inventory

For the Credit Services subindustry, Edenred SE'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.


Edenred SE's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Edenred SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where Edenred SE's Days Inventory falls into.



Edenred SE Days Inventory Calculation

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

Edenred SE'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
=( (59 + 67) / 2 ) / 958*365
=63 / 958*365
=24.00

Edenred SE's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (67 + 712) / 2 ) / 560*365 / 2
=389.5 / 560*365 / 2
=126.94

* 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.


Edenred SE  (XPAR:EDEN) 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.

Edenred SE's Inventory Turnover for the six months ended in Jun. 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.

Edenred SE's Inventory to Revenue for the six months ended in Jun. 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.


Edenred SE Days Inventory Related Terms

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


Edenred SE Business Description

Address
14-16 Boulevard Garibaldi, Issy-les-Moulineaux, Paris, FRA, 92130
Edenred is a France-listed prepaid corporate services provider operating in 45 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems. Edenred is also moving "beyond" its historical services, adding wellbeing, gift, EV, toll and business to business accounts payable automation services.