GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alpha Adriatic JSC (ZAG:ULPL) » Definitions » Days Inventory

Alpha Adriatic JSC (ZAG:ULPL) Days Inventory : 7.05 (As of Sep. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Alpha Adriatic JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alpha Adriatic JSC's Average Total Inventories for the three months ended in Sep. 2023 was €0.22 Mil. Alpha Adriatic JSC's Cost of Goods Sold for the three months ended in Sep. 2023 was €2.85 Mil. Hence, Alpha Adriatic JSC's Days Inventory for the three months ended in Sep. 2023 was 7.05.

The historical rank and industry rank for Alpha Adriatic JSC's Days Inventory or its related term are showing as below:

ZAG:ULPL' s Days Inventory Range Over the Past 10 Years
Min: 4.33   Med: 5.49   Max: 14.06
Current: 10.43

During the past 13 years, Alpha Adriatic JSC's highest Days Inventory was 14.06. The lowest was 4.33. And the median was 5.49.

ZAG:ULPL's Days Inventory is ranked better than
53.87% of 776 companies
in the Transportation industry
Industry Median: 11.41 vs ZAG:ULPL: 10.43

Alpha Adriatic JSC's Days Inventory increased from Sep. 2022 (5.54) to Sep. 2023 (7.05). It might indicate that Alpha Adriatic JSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alpha Adriatic JSC's Inventory Turnover for the three months ended in Sep. 2023 was 12.95.

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. Alpha Adriatic JSC's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.05.


Alpha Adriatic JSC Days Inventory Historical Data

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC Days Inventory Chart

Alpha Adriatic JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.70 4.87 4.33 5.59 14.06

Alpha Adriatic JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.54 12.06 17.09 9.15 7.05

Competitive Comparison of Alpha Adriatic JSC's Days Inventory

For the Integrated Freight & Logistics subindustry, Alpha Adriatic JSC'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.


Alpha Adriatic JSC's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Alpha Adriatic JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alpha Adriatic JSC's Days Inventory falls into.



Alpha Adriatic JSC Days Inventory Calculation

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

Alpha Adriatic JSC's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.176 + 0.782) / 2 ) / 12.435*365
=0.479 / 12.435*365
=14.06

Alpha Adriatic JSC's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.213 + 0.227) / 2 ) / 2.849*365 / 4
=0.22 / 2.849*365 / 4
=7.05

* 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.


Alpha Adriatic JSC  (ZAG:ULPL) 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.

Alpha Adriatic JSC's Inventory Turnover for the three months ended in Sep. 2023 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.

Alpha Adriatic JSC's Inventory to Revenue for the three months ended in Sep. 2023 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.


Alpha Adriatic JSC Days Inventory Related Terms

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


Alpha Adriatic JSC (ZAG:ULPL) Business Description

Traded in Other Exchanges
N/A
Address
Carrara 6, Pula, HRV, 52100
Alpha Adriatic JSC formerly known as Uljanik Plovidba dd operates in the integrated shipping and logistics industry in Croatia. The company is engaged in shipping of bulk and liquid cargo like petroleum products and chemicals, and provision of different types of services related to maritime activities.

Alpha Adriatic JSC (ZAG:ULPL) Headlines

No Headlines