Rautaruukki Oyj (OHEL:RTRKS) Days Inventory : 89.01 (As of Sep. 2014)

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What is Rautaruukki Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rautaruukki Oyj's Average Total Inventories for the three months ended in Sep. 2014 was €517 Mil. Rautaruukki Oyj's Cost of Goods Sold for the three months ended in Sep. 2014 was €530 Mil. Hence, Rautaruukki Oyj's Days Inventory for the three months ended in Sep. 2014 was 89.01.

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

OHEL:RTRKS' s Days Inventory Range Over the Past 10 Years
Min: 83.53 Med: 104.1 Max: 378.24
Current: 91.18

During the past 13 years, Rautaruukki Oyj's highest Days Inventory was 378.24. The lowest was 83.53. And the median was 104.10.

OHEL:RTRKS's Days Inventory is not ranked
in the Steel industry.
Industry Median: 85.66 vs OHEL:RTRKS: 91.18

Rautaruukki Oyj's Days Inventory declined from Sep. 2013 (94.05) to Sep. 2014 (89.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rautaruukki Oyj's Inventory Turnover for the three months ended in Sep. 2014 was 1.03.

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. Rautaruukki Oyj's Inventory-to-Revenue for the three months ended in Sep. 2014 was 0.89.

Rautaruukki Oyj Days Inventory Historical Data

The historical data trend for Rautaruukki Oyj'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.

Rautaruukki Oyj Days Inventory Chart

Rautaruukki Oyj Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Inventory

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133.97

142.18

121.40

90.01

96.29

Rautaruukki Oyj Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Inventory	Get a 7-Day Free Trial															94.05	93.53	95.40	88.45	89.01

Competitive Comparison of Rautaruukki Oyj's Days Inventory

For the Steel subindustry, Rautaruukki Oyj'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.

Rautaruukki Oyj's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rautaruukki Oyj's Days Inventory distribution charts can be found below:

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

Rautaruukki Oyj Days Inventory Calculation

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

Rautaruukki Oyj's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

	Days Inventory (A: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (590	+	557)	/	2 )	/	2174	*	365
=	573.5					/	2174	*	365
=	96.29

Rautaruukki Oyj's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

	Days Inventory (Q: Sep. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2014 )	+	Total Inventories (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (529	+	505)	/	2 )	/	530	*	365 / 4
=	517					/	530	*	365 / 4
=	89.01

Rautaruukki Oyj (OHEL:RTRKS) 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.

Rautaruukki Oyj's Inventory Turnover for the three months ended in Sep. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	530	/	517
	=	1.03

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.

Rautaruukki Oyj's Inventory to Revenue for the three months ended in Sep. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	517	/	581
	=	0.89

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.

Rautaruukki Oyj Days Inventory Related Terms

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

Rautaruukki Oyj (OHEL:RTRKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rautaruukki Oyj (OHEL:RTRKS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.ruukki.com

Rautaruukki Oyj supplies metal-based components, systems and integrated systems to construction and the engineering industry. The company's operations are structured into three divisions: construction, engineering, and steel business. Its construction division supplies steel construction solutions for commercial and industrial construction, as well as for infrastructure foundation and transport infrastructure projects. The divisions' product portfolio includes building frames, wall and roofing products, integrated systems for single and multi-story construction, bridges, traffic noise barriers and highway guard rails, piles, retaining wall structures and foundations for harbor construction. Its customers include developers, designs and builders of commercial, industrial and office premises, logistics and sports complexes and infrastructure services as well as roofing suppliers. Its engineering division supplies systems and components to the engineering industry, such as cabins, booms, masts and frames for goods and container handling, the construction industry and mining and forestry, telescopic booms, frames and parts; windmill components and oil sumps. Main markets serve international European companies, specifically the lifting, handling, and transportation equipment industry, the energy industry, the marine and offshore industry and the paper and wood industry. The Metals division supplies steel products associated with prefabrication, logistics and storage services. The division's product portfolio consists of hot and cold-rolled steels, metal and color-coated steels, tubes and profiles and stainless steel and aluminum sold as trading products. Its customers include the transportation equipment, construction, engineering and electronics industries in Europe and Russia.

Rautaruukki Oyj (OHEL:RTRKS) Headlines

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