SATS ASA (OSL:SATS) Days Inventory : 126.61 (As of Mar. 2024)

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What is SATS ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SATS ASA's Average Total Inventories for the three months ended in Mar. 2024 was kr56 Mil. SATS ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr40 Mil. Hence, SATS ASA's Days Inventory for the three months ended in Mar. 2024 was 126.61.

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

OSL:SATS' s Days Inventory Range Over the Past 10 Years
Min: 37.16 Med: 130.37 Max: 180.78
Current: 142

During the past 8 years, SATS ASA's highest Days Inventory was 180.78. The lowest was 37.16. And the median was 130.37.

OSL:SATS's Days Inventory is ranked worse than
78.9% of 673 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs OSL:SATS: 142.00

SATS ASA's Days Inventory declined from Mar. 2023 (147.01) to Mar. 2024 (126.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. SATS ASA's Inventory Turnover for the three months ended in Mar. 2024 was 0.72.

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. SATS ASA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.

SATS ASA Days Inventory Historical Data

The historical data trend for SATS 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.

* Premium members only.

SATS ASA Days Inventory Chart

SATS ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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109.50

133.14

180.78

128.43

149.20

SATS ASA 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															147.01	170.73	185.76	108.72	126.61

Competitive Comparison of SATS ASA's Days Inventory

For the Leisure subindustry, SATS 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.

SATS ASA's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SATS ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where SATS ASA's Days Inventory falls into.

SATS ASA Days Inventory Calculation

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

SATS ASA'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
=	( (57	+	55)	/	2 )	/	137	*	365
=	56					/	137	*	365
=	149.20

SATS ASA'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
=	( (55	+	56)	/	2 )	/	40	*	365 / 4
=	55.5					/	40	*	365 / 4
=	126.61

SATS ASA (OSL:SATS) 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.

SATS ASA's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40	/	55.5
	=	0.72

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.

SATS ASA's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55.5	/	1294
	=	0.04

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.

SATS ASA Days Inventory Related Terms

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

SATS ASA (OSL:SATS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SATS ASA (OSL:SATS) » Definitions » Days Inventory

Traded in Other Exchanges

SATSo:Sweden SATSo:UK

Address

Nydalsveien 28, Oslo, NOR, 0484

Website

https://www.satsgroup.com

SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. Its training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.