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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Days Inventory : 3.71 (As of Dec. 2023)


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What is A. P. Moller Maersk A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). A. P. Moller Maersk A/S's Average Total Inventories for the three months ended in Dec. 2023 was $1,714 Mil. A. P. Moller Maersk A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was $42,156 Mil. Hence, A. P. Moller Maersk A/S's Days Inventory for the three months ended in Dec. 2023 was 3.71.

The historical rank and industry rank for A. P. Moller Maersk A/S's Days Inventory or its related term are showing as below:

AMKAF' s Days Inventory Range Over the Past 10 Years
Min: 8.55   Med: 10.94   Max: 13.4
Current: 12.96

During the past 13 years, A. P. Moller Maersk A/S's highest Days Inventory was 13.40. The lowest was 8.55. And the median was 10.94.

AMKAF's Days Inventory is ranked worse than
54.37% of 778 companies
in the Transportation industry
Industry Median: 11.545 vs AMKAF: 12.96

A. P. Moller Maersk A/S's Days Inventory increased from Dec. 2022 (3.51) to Dec. 2023 (3.71). It might indicate that A. P. Moller Maersk A/S's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. A. P. Moller Maersk A/S's Inventory Turnover for the three months ended in Dec. 2023 was 24.60.

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. A. P. Moller Maersk A/S's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.15.


A. P. Moller Maersk A/S Days Inventory Historical Data

The historical data trend for A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S Days Inventory Chart

A. P. Moller Maersk A/S 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 12.42 12.67 10.90 11.13 12.62

A. P. Moller Maersk A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.51 74.87 - 93.67 3.71

Competitive Comparison of A. P. Moller Maersk A/S's Days Inventory

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.


A. P. Moller Maersk A/S's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where A. P. Moller Maersk A/S's Days Inventory falls into.



A. P. Moller Maersk A/S Days Inventory Calculation

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

A. P. Moller Maersk A/S'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
=( (1604 + 1658) / 2 ) / 47191*365
=1631 / 47191*365
=12.62

A. P. Moller Maersk A/S'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1769 + 1658) / 2 ) / 42156*365 / 4
=1713.5 / 42156*365 / 4
=3.71

* 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.


A. P. Moller Maersk A/S  (OTCPK:AMKAF) 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.

A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S'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.


A. P. Moller Maersk A/S Days Inventory Related Terms

Thank you for viewing the detailed overview of A. P. Moller Maersk A/S's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description

Address
Esplanaden 50, Copenhagen, DNK, DK-1098
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Headlines

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