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Alma Media Oyj (LTS:0DJN) Days Inventory : 6.44 (As of Mar. 2024)


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What is Alma Media Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alma Media Oyj's Average Total Inventories for the three months ended in Mar. 2024 was €0.6 Mil. Alma Media Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €8.5 Mil. Hence, Alma Media Oyj's Days Inventory for the three months ended in Mar. 2024 was 6.44.

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

LTS:0DJN' s Days Inventory Range Over the Past 10 Years
Min: 6.59   Med: 8.36   Max: 25.23
Current: 6.98

During the past 13 years, Alma Media Oyj's highest Days Inventory was 25.23. The lowest was 6.59. And the median was 8.36.

LTS:0DJN's Days Inventory is ranked better than
75.91% of 660 companies
in the Media - Diversified industry
Industry Median: 25.75 vs LTS:0DJN: 6.98

Alma Media Oyj's Days Inventory declined from Mar. 2023 (7.10) to Mar. 2024 (6.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alma Media Oyj's Inventory Turnover for the three months ended in Mar. 2024 was 14.17.

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. Alma Media Oyj's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Alma Media Oyj Days Inventory Historical Data

The historical data trend for Alma Media 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.

* Premium members only.

Alma Media Oyj Days Inventory Chart

Alma Media Oyj 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 18.63 7.26 6.68 6.80 6.78

Alma Media 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 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 7.10 7.18 7.60 6.82 6.44

Competitive Comparison of Alma Media Oyj's Days Inventory

For the Publishing subindustry, Alma Media 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.


Alma Media Oyj's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alma Media Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alma Media Oyj's Days Inventory falls into.



Alma Media Oyj Days Inventory Calculation

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

Alma Media 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
=( (0.7 + 0.6) / 2 ) / 35*365
=0.65 / 35*365
=6.78

Alma Media 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
=( (0.6 + 0.6) / 2 ) / 8.5*365 / 4
=0.6 / 8.5*365 / 4
=6.44

* 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.


Alma Media Oyj  (LTS:0DJN) 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.

Alma Media Oyj's Inventory Turnover for the three months ended in Mar. 2024 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.

Alma Media Oyj's Inventory to Revenue for the three months ended in Mar. 2024 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.


Alma Media Oyj Days Inventory Related Terms

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


Alma Media Oyj (LTS:0DJN) Business Description

Traded in Other Exchanges
Address
Alvar Aallon katu 3 C, P.O. Box 140, Helsinki, FIN, FI-00101
Alma Media Oyj is a media and service company focusing on digital services and publishing. In addition to news content, the Group's products provide useful information related to lifestyle, career, and business development. The business segments include Alma Career, Alma Consumer, and Alma Talent. It generates maximum revenue from the Alma Career segment. The group's business is mainly divided into two geographical areas, Finland from where it earns the majority of its revenue, and the rest of Europe.

Alma Media Oyj (LTS:0DJN) Headlines

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