Autoliv (Autoliv) Days Inventory : 40.98 (As of Dec. 2023)

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What is Autoliv Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Autoliv's Average Total Inventories for the three months ended in Dec. 2023 was $997 Mil. Autoliv's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,220 Mil. Hence, Autoliv's Days Inventory for the three months ended in Dec. 2023 was 40.98.

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

ALV' s Days Inventory Range Over the Past 10 Years
Min: 32.82 Med: 41.77 Max: 45.3
Current: 41.3

During the past 13 years, Autoliv's highest Days Inventory was 45.30. The lowest was 32.82. And the median was 41.77.

ALV's Days Inventory is ranked better than
83.51% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.77 vs ALV: 41.30

Autoliv's Days Inventory declined from Dec. 2022 (44.59) to Dec. 2023 (40.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Autoliv's Inventory Turnover for the three months ended in Dec. 2023 was 2.23.

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. Autoliv's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.36.

Autoliv Days Inventory Historical Data

The historical data trend for Autoliv'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.

Autoliv Days Inventory Chart

Autoliv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

39.28

45.30

42.78

42.79

41.78

Autoliv 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															44.59	42.19	40.31	41.30	40.98

Competitive Comparison of Autoliv's Days Inventory

For the Auto Parts subindustry, Autoliv'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.

Autoliv's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoliv's Days Inventory distribution charts can be found below:

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

Autoliv Days Inventory Calculation

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

Autoliv'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
=	( (969	+	1012)	/	2 )	/	8653	*	365
=	990.5					/	8653	*	365
=	41.78

Autoliv'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
=	( (982	+	1012)	/	2 )	/	2220	*	365 / 4
=	997					/	2220	*	365 / 4
=	40.98

Autoliv (NYSE:ALV) 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.

Autoliv's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2220	/	997
	=	2.23

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.

Autoliv's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	997	/	2751
	=	0.36

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.

Autoliv Days Inventory Related Terms

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

Autoliv (Autoliv) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autoliv Inc (NYSE:ALV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ALIV SDB:Sweden ALIVs:UK 0MI0:UK LIVS:Germany

Address

Klarabergsviadukten 70, P.O. Box 70381, Section B7, Stockholm, SWE, SE-107 24

Website

https://www.autoliv.com

Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 11% of 2022 revenue, with Stellantis accounting for 11% and Volkswagen 10%. At 34% of 2022 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 21%, and Japan at 8%.

Executives

Leif Johansson	director	C/O AB VOLVO, SE 4050B, GOTEBORG, SWEDEN V7 4050B
Jan Carlson	director, officer: President and CEO	C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Fredrik Westin	officer: See Remarks	C/O AUTOLIV, INC. KLABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 11 64
Frithjof Oldorff	officer: President, Autoliv Europe	21680 HAGGERTY ROAD, SUITE 101, NORTHVILLE MI 48167
Christian Swahn	officer: EVP, Supply Chain Management	C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Mikael Bratt	officer: President, Passive Safety	C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Magnus Jarlegren	officer: EVP, Operations	C/O AUTOLIV, INC.,KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 111 64
Jordi Lombarte	officer: Chief Technology Officer	C/O AUTOLIV, INC., BOX 70381, STOCKHOLM V7 SE 107 24
Naughton Colin	officer: President, Asia	C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Per Jonas Jademyr	officer: See Remarks	C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Svante Mogefors	officer: Group VP, Quality	C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Cevian Capital Ii Gp Ltd	10 percent owner	C/O HIGHVERN FUND ADMINISTRATORS LIMITED, WHITELEY CHAMBERS, DON STREET, St. Helier Y9 JE2 4TR
Gustav Lundgren	director	RINGVAGEN 32, LIDINGO V7 181 51
Sng Yih	officer: President, Autoliv China	C/O AUTOLIV, INC. KLARABERGSVIADUKTEN 70, STOCKHOLM V7 11164
Martin Lundstedt	director	NORRSKOGSGATAN 14, STOCKHOLM V7 11264