Verkkokauppa.com Oyj (CHIX:VERKH) Days Inventory : 67.52 (As of Mar. 2024)

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What is Verkkokauppa.com Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Verkkokauppa.com Oyj's Average Total Inventories for the three months ended in Mar. 2024 was €66.1 Mil. Verkkokauppa.com Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €89.3 Mil. Hence, Verkkokauppa.com Oyj's Days Inventory for the three months ended in Mar. 2024 was 67.52.

The historical rank and industry rank for Verkkokauppa.com Oyj's Days Inventory or its related term are showing as below:

CHIX:VERKh' s Days Inventory Range Over the Past 10 Years
Min: 42.28 Med: 53.24 Max: 64.15
Current: 62.52

During the past 13 years, Verkkokauppa.com Oyj's highest Days Inventory was 64.15. The lowest was 42.28. And the median was 53.24.

CHIX:VERKh's Days Inventory is ranked better than
72.64% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 110.51 vs CHIX:VERKh: 62.52

Verkkokauppa.com Oyj's Days Inventory declined from Mar. 2023 (67.90) to Mar. 2024 (67.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Verkkokauppa.com Oyj's Inventory Turnover for the three months ended in Mar. 2024 was 1.35.

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. Verkkokauppa.com Oyj's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.61.

Verkkokauppa.com Oyj Days Inventory Historical Data

The historical data trend for Verkkokauppa.com Oyj'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.

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Verkkokauppa.com Oyj Days Inventory Chart

Verkkokauppa.com Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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56.20

55.74

61.63

64.15

59.46

Verkkokauppa.com Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															67.90	71.16	65.60	48.20	67.52

Competitive Comparison of Verkkokauppa.com Oyj's Days Inventory

For the Internet Retail subindustry, Verkkokauppa.com Oyj'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.

Verkkokauppa.com Oyj's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verkkokauppa.com Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Verkkokauppa.com Oyj's Days Inventory falls into.

Verkkokauppa.com Oyj Days Inventory Calculation

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

Verkkokauppa.com Oyj'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
=	( (74.767	+	62.721)	/	2 )	/	422.001	*	365
=	68.744					/	422.001	*	365
=	59.46

Verkkokauppa.com Oyj's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (62.721	+	69.45)	/	2 )	/	89.31	*	365 / 4
=	66.0855					/	89.31	*	365 / 4
=	67.52

Verkkokauppa.com Oyj (CHIX:VERKh) 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.

Verkkokauppa.com Oyj's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	89.31	/	66.0855
	=	1.35

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.

Verkkokauppa.com Oyj's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66.0855	/	107.978
	=	0.61

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.

Verkkokauppa.com Oyj Days Inventory Related Terms

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

Verkkokauppa.com Oyj (CHIX:VERKH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Verkkokauppa.com Oyj (CHIX:VERKh) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VERK:Finland

Address

Tyynenmerenkatu 11, Helsinki, FIN, 00220

Website

https://www.verkkokauppa.com

Verkkokauppa.com Oyj is a retail store in Finland, and it operates mainly online. It offers thousands of products under various product categories such as computer technology, consumer electronics, toys, games, navigation products, and others. The group sells its products to suppliers through retail stores, the webstore, and other media. The revenue streams of the company consist of the sale of goods and services. The sale of services rendered by the company includes installation and maintenance services, subscription sales and visibility sales. The entire revenue of the company is principally generated from one geographical area, Finland.

Verkkokauppa.com Oyj (CHIX:VERKH) Headlines

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