Days Inventory is also known as Days Sales of Inventory (DSI). SalMar ASA's Average Total Inventories for the
three
months ended in Dec. 2023 was kr14,998 Mil. SalMar ASA's Cost of Goods Sold for the
three
months ended in Dec. 2023 was kr4,402 Mil.
Hence, SalMar ASA's Days Inventory for the
three
months ended in Dec. 2023 was 310.91.
The historical rank and industry rank for SalMar ASA's Days Inventory or its related term are showing as below:
OSL:SALM'
s Days Inventory Range Over the Past 10 Years
Min: 294.21 Med: 394.87 Max: 496.76
Current: 444.82
During the past 13 years, SalMar ASA's highest Days Inventory was 496.76. The lowest was 294.21. And the median was 394.87.
OSL:SALM's Days Inventory is ranked worse than 95.97% of 1785
companies
in the Consumer Packaged Goods industry
Industry Median: 82.17
vs OSL:SALM: 444.82
SalMar ASA's Days Inventory
increased
from Dec. 2022 (239.83) to Dec. 2023 (310.91).
It might indicate that SalMar ASA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SalMar ASA's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.29.
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.
SalMar ASA's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.90.
SalMar ASA Days Inventory Historical Data
The historical data trend for SalMar ASA'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.
Competitive Comparison of SalMar ASA's Days Inventory
For the Farm Products subindustry, SalMar ASA'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.
SalMar ASA's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Days Inventory distribution charts can be found below:
* The bar in red indicates where SalMar ASA's Days Inventory falls into.
SalMar ASA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SalMar ASA'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.
SalMar ASA (OSL:SALM) 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.
SalMar ASA's Inventory Turnover for the
three
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.
SalMar ASA's Inventory to Revenue for the
three
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.
SalMar ASA Days Inventory Related Terms
Thank you for viewing the detailed overview of SalMar ASA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.
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