GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aegean Airlines SA (LTS:0OHY) » Definitions » Days Inventory

Aegean Airlines (LTS:0OHY) Days Inventory : 8.15 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Aegean Airlines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aegean Airlines's Average Total Inventories for the six months ended in Dec. 2023 was €38 Mil. Aegean Airlines's Cost of Goods Sold for the six months ended in Dec. 2023 was €851 Mil. Hence, Aegean Airlines's Days Inventory for the six months ended in Dec. 2023 was 8.15.

The historical rank and industry rank for Aegean Airlines's Days Inventory or its related term are showing as below:

LTS:0OHY' s Days Inventory Range Over the Past 10 Years
Min: 5.33   Med: 5.48   Max: 10.77
Current: 9.05

During the past 13 years, Aegean Airlines's highest Days Inventory was 10.77. The lowest was 5.33. And the median was 5.48.

LTS:0OHY's Days Inventory is ranked better than
58% of 781 companies
in the Transportation industry
Industry Median: 11.4 vs LTS:0OHY: 9.05

Aegean Airlines's Days Inventory increased from Dec. 2022 (6.90) to Dec. 2023 (8.15). It might indicate that Aegean Airlines's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aegean Airlines's Inventory Turnover for the six months ended in Dec. 2023 was 22.39.

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. Aegean Airlines's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.04.


Aegean Airlines Days Inventory Historical Data

The historical data trend for Aegean Airlines'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.

Aegean Airlines Days Inventory Chart

Aegean Airlines 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 5.40 10.77 10.41 8.36 9.15

Aegean Airlines Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 7.54 8.60 6.90 10.15 8.15

Competitive Comparison of Aegean Airlines's Days Inventory

For the Airlines subindustry, Aegean Airlines'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.


Aegean Airlines's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aegean Airlines's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aegean Airlines's Days Inventory falls into.



Aegean Airlines Days Inventory Calculation

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

Aegean Airlines'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
=( (33.717 + 40.277) / 2 ) / 1476.039*365
=36.997 / 1476.039*365
=9.15

Aegean Airlines's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (35.766 + 40.277) / 2 ) / 851.251*365 / 2
=38.0215 / 851.251*365 / 2
=8.15

* 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.


Aegean Airlines  (LTS:0OHY) 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.

Aegean Airlines's Inventory Turnover for the six months ended in Dec. 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.

Aegean Airlines's Inventory to Revenue for the six months 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.


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.


Aegean Airlines Days Inventory Related Terms

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


Aegean Airlines (LTS:0OHY) Business Description

Traded in Other Exchanges
Address
Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's largest airline provider. It transports passengers and goods through scheduled (majority of total revenue) and chartered flights. The company has partnerships with other airlines to offer a worldwide reach. Flights are primarily short- or medium-haul, and the company has improved accessibility to Greece's islands. Additionally, it offers services related to air transportation, technical support, and ground handling amenities. The ancillary services related to flights comprise roughly 10% of total revenue. Aegean has one operating segment, air transportation, aligned with its single route network. Approximately half of total passenger traffic derives from routes within Greece.

Aegean Airlines (LTS:0OHY) Headlines

No Headlines