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Ratos AB (LTS:0GWP) Days Inventory : 39.37 (As of Dec. 2023)


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What is Ratos AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ratos AB's Average Total Inventories for the three months ended in Dec. 2023 was kr1,980 Mil. Ratos AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr4,589 Mil. Hence, Ratos AB's Days Inventory for the three months ended in Dec. 2023 was 39.37.

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

LTS:0GWP' s Days Inventory Range Over the Past 10 Years
Min: 22.51   Med: 39.32   Max: 62.74
Current: 43.69

During the past 13 years, Ratos AB's highest Days Inventory was 62.74. The lowest was 22.51. And the median was 39.32.

LTS:0GWP's Days Inventory is ranked better than
52.26% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs LTS:0GWP: 43.69

Ratos AB's Days Inventory declined from Dec. 2022 (45.61) to Dec. 2023 (39.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ratos AB's Inventory Turnover for the three months ended in Dec. 2023 was 2.32.

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. Ratos AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


Ratos AB Days Inventory Historical Data

The historical data trend for Ratos AB'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.

Ratos AB Days Inventory Chart

Ratos AB 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 29.03 30.24 38.09 42.11 40.46

Ratos AB 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 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 45.61 52.67 41.06 46.03 39.37

Competitive Comparison of Ratos AB's Days Inventory

For the Engineering & Construction subindustry, Ratos AB'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.


Ratos AB's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ratos AB's Days Inventory distribution charts can be found below:

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



Ratos AB Days Inventory Calculation

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

Ratos AB'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
=( (2410 + 1825) / 2 ) / 19102*365
=2117.5 / 19102*365
=40.46

Ratos AB'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
=( (2135 + 1825) / 2 ) / 4589*365 / 4
=1980 / 4589*365 / 4
=39.37

* 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.


Ratos AB  (LTS:0GWP) 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.

Ratos AB's Inventory Turnover for the three months ended in Dec. 2023 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.

Ratos AB's Inventory to Revenue for the three months ended in Dec. 2023 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.


Ratos AB Days Inventory Related Terms

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


Ratos AB (LTS:0GWP) Business Description

Address
Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11
Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.

Ratos AB (LTS:0GWP) Headlines

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