Days Inventory is also known as Days Sales of Inventory (DSI). DSV AS's Average Total Inventories for the
three
months ended in Mar. 2024 was kr4,694 Mil. DSV AS's Cost of Goods Sold for the
three
months ended in Mar. 2024 was kr29,466 Mil.
Hence, DSV AS's Days Inventory for the
three
months ended in Mar. 2024 was 14.53.
The historical rank and industry rank for DSV AS's Days Inventory or its related term are showing as below:
OCSE:DSV'
s Days Inventory Range Over the Past 10 Years
Min: 2.16 Med: 5.44 Max: 13.63
Current: 13.63
During the past 13 years, DSV AS's highest Days Inventory was 13.63. The lowest was 2.16. And the median was 5.44.
OCSE:DSV's Days Inventory is ranked worse than 55.77% of 780
companies
in the Transportation industry
Industry Median: 11.505
vs OCSE:DSV: 13.63
DSV AS's Days Inventory
increased
from Mar. 2023 (6.65) to Mar. 2024 (14.53).
It might indicate that DSV AS's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
DSV AS's Inventory Turnover for the
three
months ended in Mar. 2024 was 6.28.
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.
DSV AS's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.12.
DSV AS Days Inventory Historical Data
The historical data trend for DSV AS'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.
For the Integrated Freight & Logistics subindustry, DSV AS'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.
DSV AS's Days Inventory Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, DSV AS's Days Inventory distribution charts can be found below:
* The bar in red indicates where DSV AS's Days Inventory falls into.
DSV AS Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
DSV AS's Days Inventory for the fiscal year that ended in Dec. 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.
DSV AS (OCSE:DSV) 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.
DSV AS's Inventory Turnover for the
three
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.
DSV AS's Inventory to Revenue for the
three
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.
DSV AS Days Inventory Related Terms
Thank you for viewing the detailed overview of DSV AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
DSV is a Danish-listed transport and logistics company, offering transport services worldwide by road, air, sea, and train, with the bulk of its activities coming from its European trucking network and airfreight and sea freight forwarding businesses. Since its founding in 1976, the company has grown rapidly, mainly via acquisitions. The company has been active in the mergers and acquisitions segment, most recently acquiring peer GIL in 2021. This acquisition further diversifies its revenue base away from European road freight and adds scale in key regions such as the Middle East. It also moves DSV into third spot among the largest 3PL firms globally.
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