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Luka Rijeka DD (ZAG:LKRI) Days Inventory : 3.87 (As of Sep. 2024)


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What is Luka Rijeka DD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luka Rijeka DD's Average Total Inventories for the three months ended in Sep. 2024 was €0.25 Mil. Luka Rijeka DD's Cost of Goods Sold for the three months ended in Sep. 2024 was €5.97 Mil. Hence, Luka Rijeka DD's Days Inventory for the three months ended in Sep. 2024 was 3.87.

The historical rank and industry rank for Luka Rijeka DD's Days Inventory or its related term are showing as below:

ZAG:LKRI' s Days Inventory Range Over the Past 10 Years
Min: 1.66   Med: 2.72   Max: 4.38
Current: 2.83

During the past 13 years, Luka Rijeka DD's highest Days Inventory was 4.38. The lowest was 1.66. And the median was 2.72.

ZAG:LKRI's Days Inventory is ranked better than
80.42% of 766 companies
in the Transportation industry
Industry Median: 11.98 vs ZAG:LKRI: 2.83

Luka Rijeka DD's Days Inventory increased from Sep. 2023 (2.65) to Sep. 2024 (3.87). It might indicate that Luka Rijeka DD's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Luka Rijeka DD's Inventory Turnover for the three months ended in Sep. 2024 was 23.60.

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. Luka Rijeka DD's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.04.


Luka Rijeka DD Days Inventory Historical Data

The historical data trend for Luka Rijeka DD'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.

Luka Rijeka DD Days Inventory Chart

Luka Rijeka DD 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 4.38 4.15 3.08 2.34 2.11

Luka Rijeka DD Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.65 1.78 2.55 3.21 3.87

Competitive Comparison of Luka Rijeka DD's Days Inventory

For the Marine Shipping subindustry, Luka Rijeka DD'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.


Luka Rijeka DD's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Luka Rijeka DD's Days Inventory distribution charts can be found below:

* The bar in red indicates where Luka Rijeka DD's Days Inventory falls into.



Luka Rijeka DD Days Inventory Calculation

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

Luka Rijeka DD'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
=( (0.165 + 0.144) / 2 ) / 26.72*365
=0.1545 / 26.72*365
=2.11

Luka Rijeka DD's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.23 + 0.276) / 2 ) / 5.972*365 / 4
=0.253 / 5.972*365 / 4
=3.87

* 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.


Luka Rijeka DD  (ZAG:LKRI) 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.

Luka Rijeka DD's Inventory Turnover for the three months ended in Sep. 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.

Luka Rijeka DD's Inventory to Revenue for the three months ended in Sep. 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.


Luka Rijeka DD Days Inventory Related Terms

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


Luka Rijeka DD Business Description

Traded in Other Exchanges
N/A
Address
Riva 1, 51 000 Rijeka, Republic of Croatia, HRV
Luka Rijeka DD is a concessionaire for dry cargo transhipment in the port of Rijeka, and a trading company whose main activity is port services. It offers services in maritime traffic, port services, as well as the storage of cargo at specialized terminals.

Luka Rijeka DD Headlines

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