Securitas AB (Securitas AB) Days Inventory : 4.20 (As of Dec. 2023)

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What is Securitas AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Securitas AB's Average Total Inventories for the three months ended in Dec. 2023 was $141 Mil. Securitas AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,054 Mil. Hence, Securitas AB's Days Inventory for the three months ended in Dec. 2023 was 4.20.

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

SCTBF' s Days Inventory Range Over the Past 10 Years
Min: 0.83 Med: 1.75 Max: 4.47
Current: 4.47

During the past 13 years, Securitas AB's highest Days Inventory was 4.47. The lowest was 0.83. And the median was 1.75.

SCTBF's Days Inventory is ranked better than
78.38% of 680 companies
in the Business Services industry
Industry Median: 29.11 vs SCTBF: 4.47

Securitas AB's Days Inventory declined from Dec. 2022 (4.91) to Dec. 2023 (4.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Securitas AB's Inventory Turnover for the three months ended in Dec. 2023 was 21.71.

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. Securitas AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.

Securitas AB Days Inventory Historical Data

The historical data trend for Securitas 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.

Securitas AB Days Inventory Chart

Securitas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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1.84

1.63

1.88

3.73

4.45

Securitas 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															4.91	4.96	-	-	4.20

Competitive Comparison of Securitas AB's Days Inventory

For the Security & Protection Services subindustry, Securitas 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.

Securitas AB's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Securitas AB's Days Inventory distribution charts can be found below:

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

Securitas AB Days Inventory Calculation

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

Securitas 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
=	( (156.581	+	140.676)	/	2 )	/	12198.077	*	365
=	148.6285					/	12198.077	*	365
=	4.45

Securitas 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
=	( (0	+	140.676)	/	1 )	/	3053.541	*	365 / 4
=	140.676					/	3053.541	*	365 / 4
=	4.20

Securitas AB (OTCPK:SCTBF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3053.541	/	140.676
	=	21.71

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	140.676	/	3854.898
	=	0.04

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.

Securitas AB Days Inventory Related Terms

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

Securitas AB (Securitas AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Securitas AB (OTCPK:SCTBF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SCTBY:USA SECU B:Sweden SECUBs:UK 0IAH:UK S7MB:Germany

Address

Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28

Website

https://www.securitas.com

Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.