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Schibsted ASA (Schibsted ASA) Days Inventory : 18.56 (As of Mar. 2024)


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What is Schibsted ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Schibsted ASA's Average Total Inventories for the three months ended in Mar. 2024 was $2 Mil. Schibsted ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was $8 Mil. Hence, Schibsted ASA's Days Inventory for the three months ended in Mar. 2024 was 18.56.

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

SBSNY' s Days Inventory Range Over the Past 10 Years
Min: 8.76   Med: 14.24   Max: 28.06
Current: 24.33

During the past 13 years, Schibsted ASA's highest Days Inventory was 28.06. The lowest was 8.76. And the median was 14.24.

SBSNY's Days Inventory is ranked better than
50.91% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs SBSNY: 24.33

Schibsted ASA's Days Inventory declined from Mar. 2023 (26.46) to Mar. 2024 (18.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Schibsted ASA's Inventory Turnover for the three months ended in Mar. 2024 was 4.92.

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. Schibsted ASA's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Schibsted ASA Days Inventory Historical Data

The historical data trend for Schibsted 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.

Schibsted ASA Days Inventory Chart

Schibsted ASA 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 14.34 13.03 14.61 20.81 23.26

Schibsted 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 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 26.46 - - 17.85 18.56

Competitive Comparison of Schibsted ASA's Days Inventory

For the Publishing subindustry, Schibsted 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.


Schibsted ASA's Days Inventory Distribution in the Media - Diversified Industry

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

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



Schibsted ASA Days Inventory Calculation

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

Schibsted 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
=( (3.441 + 1.706) / 2 ) / 40.382*365
=2.5735 / 40.382*365
=23.26

Schibsted 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
=( (1.706 + 0) / 1 ) / 8.386*365 / 4
=1.706 / 8.386*365 / 4
=18.56

* 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.


Schibsted ASA  (OTCPK:SBSNY) 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.

Schibsted ASA'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.

Schibsted ASA'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.


Schibsted ASA Days Inventory Related Terms

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


Schibsted ASA (Schibsted ASA) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (Schibsted ASA) Headlines

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