INVL Baltic Real Estate (OVSE:INR1L) Days Inventory : 64.45 (As of Dec. 2023)

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What is INVL Baltic Real Estate Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). INVL Baltic Real Estate's Average Total Inventories for the six months ended in Dec. 2023 was €0.21 Mil. INVL Baltic Real Estate's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.59 Mil. Hence, INVL Baltic Real Estate's Days Inventory for the six months ended in Dec. 2023 was 64.45.

The historical rank and industry rank for INVL Baltic Real Estate's Days Inventory or its related term are showing as below:

OVSE:INR1L' s Days Inventory Range Over the Past 10 Years
Min: 0.56 Med: 15.48 Max: 64.01
Current: 64.01

During the past 11 years, INVL Baltic Real Estate's highest Days Inventory was 64.01. The lowest was 0.56. And the median was 15.48.

OVSE:INR1L's Days Inventory is ranked better than
82.84% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs OVSE:INR1L: 64.01

INVL Baltic Real Estate's Days Inventory increased from Dec. 2022 (39.12) to Dec. 2023 (64.45). It might indicate that INVL Baltic Real Estate'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. INVL Baltic Real Estate's Inventory Turnover for the six months ended in Dec. 2023 was 2.83.

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. INVL Baltic Real Estate's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.

INVL Baltic Real Estate Days Inventory Historical Data

The historical data trend for INVL Baltic Real Estate'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.

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INVL Baltic Real Estate Days Inventory Chart

INVL Baltic Real Estate Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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11.92

25.37

18.47

33.00

61.54

INVL Baltic Real Estate Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															15.77	36.63	39.12	66.13	64.45

Competitive Comparison of INVL Baltic Real Estate's Days Inventory

For the Real Estate Services subindustry, INVL Baltic Real Estate'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.

INVL Baltic Real Estate's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, INVL Baltic Real Estate's Days Inventory distribution charts can be found below:

* The bar in red indicates where INVL Baltic Real Estate's Days Inventory falls into.

INVL Baltic Real Estate Days Inventory Calculation

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

INVL Baltic Real Estate'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
=	( (0.169	+	0.206)	/	2 )	/	1.112	*	365
=	0.1875					/	1.112	*	365
=	61.54

INVL Baltic Real Estate'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
=	( (0.21	+	0.206)	/	2 )	/	0.589	*	365 / 2
=	0.208					/	0.589	*	365 / 2
=	64.45

INVL Baltic Real Estate (OVSE:INR1L) 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.

INVL Baltic Real Estate's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.589	/	0.208
	=	2.83

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.

INVL Baltic Real Estate's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.208	/	1.915
	=	0.11

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.

INVL Baltic Real Estate Days Inventory Related Terms

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

INVL Baltic Real Estate (OVSE:INR1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » INVL Baltic Real Estate (OVSE:INR1L) » Definitions » Days Inventory

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Address

Gyneju Street 14, Vilnius, LTU, 01109

Website

https://www.invlbalticrealestate.lt

INVL Baltic Real Estate is a real estate investment company seeks to ensure the growth of rental income and earn from investments in commercial real estate. The companies owned by INVL Baltic Real Estate invested in commercial real estate: business centers, manufacturing and warehouse properties in Lithuania and Latvia. All the properties are characterized by high occupancy rates and generate stable financial flows, most of them has further development potential. INVL Baltic Real Estate is operating as a closed-end investment company. Management of the company was assumed by INVL Asset Management, the leading alternative asset manager in the Baltics, a part of the leading Baltic asset management group Invalda INVL. The company will operate as a closed-end investment company until 2046.

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