Isfelag hfs (OISE:ISF) Days Inventory : 229.12 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Isfelag hfs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Isfelag hfs's Average Total Inventories for the six months ended in Dec. 2023 was kr7,836 Mil. Isfelag hfs's Cost of Goods Sold for the six months ended in Dec. 2023 was kr6,242 Mil. Hence, Isfelag hfs's Days Inventory for the six months ended in Dec. 2023 was 229.12.

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

OISE:ISF' s Days Inventory Range Over the Past 10 Years
Min: 84.7 Med: 95.21 Max: 132.68
Current: 132.68

During the past 4 years, Isfelag hfs's highest Days Inventory was 132.68. The lowest was 84.70. And the median was 95.21.

OISE:ISF's Days Inventory is ranked worse than
73.12% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs OISE:ISF: 132.68

Isfelag hfs's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (229.12). It might indicate that Isfelag hfs'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. Isfelag hfs's Inventory Turnover for the six months ended in Dec. 2023 was 0.80.

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. Isfelag hfs's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.76.

Isfelag hfs Days Inventory Historical Data

The historical data trend for Isfelag hfs'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.

Isfelag hfs Days Inventory Chart

Isfelag hfs Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

105.26

84.70

85.16

124.61

Isfelag hfs Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23
Days Inventory	-	-	-	85.27	229.12

Competitive Comparison of Isfelag hfs's Days Inventory

For the Packaged Foods subindustry, Isfelag hfs'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.

Isfelag hfs's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Isfelag hfs's Days Inventory distribution charts can be found below:

* The bar in red indicates where Isfelag hfs's Days Inventory falls into.

Isfelag hfs Days Inventory Calculation

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

Isfelag hfs'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
=	( (3362.218	+	8555.899)	/	2 )	/	17454.928	*	365
=	5959.0585					/	17454.928	*	365
=	124.61

Isfelag hfs'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
=	( (7116.683	+	8555.899)	/	2 )	/	6241.766	*	365 / 2
=	7836.291					/	6241.766	*	365 / 2
=	229.12

Isfelag hfs (OISE:ISF) 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.

Isfelag hfs's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6241.766	/	7836.291
	=	0.80

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.

Isfelag hfs's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7836.291	/	10330.43
	=	0.76

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.

Isfelag hfs Days Inventory Related Terms

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

Isfelag hfs (OISE:ISF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Isfelag hfs (OISE:ISF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tangagata 1, Vestmannaeyjar, ISL, 900

Website

https://www.isfelag.is

Isfelag is engaged in fishing and the processing of marine products. It is active in Iceland in the field of fishing and processing of pelagic species and production of fishmeal and fish oil and also produces sea-frozen seafood. Its products include COD fish, HADDOCK fish, SAITHE fish, CAPELIN fish, MACKEREL fish, HERRING fish etc.

Isfelag hfs (OISE:ISF) Headlines

No Headlines