AS Ekspress Grupp (FRA:DYC) Inventory Turnover : 41.56 (As of Mar. 2024)

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What is AS Ekspress Grupp Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. AS Ekspress Grupp's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.57 Mil. AS Ekspress Grupp's Average Total Inventories for the quarter that ended in Mar. 2024 was €0.33 Mil. AS Ekspress Grupp's Inventory Turnover for the quarter that ended in Mar. 2024 was 41.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AS Ekspress Grupp's Days Inventory for the three months ended in Mar. 2024 was 2.20.

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. AS Ekspress Grupp's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.02.

AS Ekspress Grupp Inventory Turnover Historical Data

The historical data trend for AS Ekspress Grupp's Inventory Turnover 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.

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AS Ekspress Grupp Inventory Turnover Chart

AS Ekspress Grupp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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16.62

11.58

26.26

174.58

181.37

AS Ekspress Grupp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															48.37	52.54	45.78	49.47	41.56

AS Ekspress Grupp Inventory Turnover Calculation

AS Ekspress Grupp's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	55.046	/ (	(0.286	+	0.321)	/	2 )
=	55.046	/	0.3035
=	181.37

AS Ekspress Grupp's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	13.568	/ (	(0.321	+	0.332)	/	2 )
=	13.568	/	0.3265
=	41.56

AS Ekspress Grupp (FRA:DYC) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

AS Ekspress Grupp's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.3265	/	13.568	*	365 / 4
	=	2.20

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.

AS Ekspress Grupp's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.3265	/	16.22
	=	0.02

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

AS Ekspress Grupp Inventory Turnover Related Terms

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AS Ekspress Grupp (FRA:DYC) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AS Ekspress Grupp (FRA:DYC) » Definitions » Inventory Turnover

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EEG1T:Estonia

Address

Narva maantee 13, Tallinn, EST, 10151

Website

https://www.egrupp.ee

AS Ekspress Grupp is a media company whose key activities include web media content production as well as the publishing of newspapers, magazines, and books. The business activities of the group function through the Media segment. The media segment comprises the operations of online news portals and classified portals, advertising sales in own portals in the Baltics and publishing of newspapers, magazines, customer and advertising fliers, publishing, and publication of books as well as the sale of digital outdoor advertising in Estonia and Latvia. The group also operates an electronic ticket sales platform and ticket offices and provides an outdoor screen service in Estonia and Latvia.

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