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Nivika Fastigheter AB (FRA:Y5R) Days Inventory : 3.02 (As of Feb. 2024)


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What is Nivika Fastigheter AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nivika Fastigheter AB's Average Total Inventories for the three months ended in Feb. 2024 was €0.17 Mil. Nivika Fastigheter AB's Cost of Goods Sold for the three months ended in Feb. 2024 was €5.07 Mil. Hence, Nivika Fastigheter AB's Days Inventory for the three months ended in Feb. 2024 was 3.02.

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

FRA:Y5R' s Days Inventory Range Over the Past 10 Years
Min: 1.4   Med: 7.94   Max: 21.29
Current: 17.19

During the past 5 years, Nivika Fastigheter AB's highest Days Inventory was 21.29. The lowest was 1.40. And the median was 7.94.

FRA:Y5R's Days Inventory is ranked better than
88.95% of 1330 companies
in the Real Estate industry
Industry Median: 699.495 vs FRA:Y5R: 17.19

Nivika Fastigheter AB's Days Inventory declined from Feb. 2023 (52.17) to Feb. 2024 (3.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nivika Fastigheter AB's Inventory Turnover for the three months ended in Feb. 2024 was 30.26.

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. Nivika Fastigheter AB's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.01.


Nivika Fastigheter AB Days Inventory Historical Data

The historical data trend for Nivika Fastigheter 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.

Nivika Fastigheter AB Days Inventory Chart

Nivika Fastigheter AB Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
2.95 1.38 7.94 21.41 19.04

Nivika Fastigheter AB Quarterly Data
Aug19 Aug20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 52.17 35.20 3.65 4.15 3.02

Competitive Comparison of Nivika Fastigheter AB's Days Inventory

For the Real Estate Services subindustry, Nivika Fastigheter 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.


Nivika Fastigheter AB's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nivika Fastigheter AB's Days Inventory distribution charts can be found below:

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



Nivika Fastigheter AB Days Inventory Calculation

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

Nivika Fastigheter AB's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (1.567 + 0.173) / 2 ) / 16.682*365
=0.87 / 16.682*365
=19.04

Nivika Fastigheter AB's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0.16 + 0.175) / 2 ) / 5.069*365 / 4
=0.1675 / 5.069*365 / 4
=3.02

* 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.


Nivika Fastigheter AB  (FRA:Y5R) 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.

Nivika Fastigheter AB's Inventory Turnover for the three months ended in Feb. 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.

Nivika Fastigheter AB's Inventory to Revenue for the three months ended in Feb. 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.


Nivika Fastigheter AB Days Inventory Related Terms

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


Nivika Fastigheter AB (FRA:Y5R) Business Description

Traded in Other Exchanges
Address
Ringvagen 38, Värnamo, SWE, 331 32
Nivika Fastigheter AB is a real estate company. Its main objectives is owning, managing, and developing properties.

Nivika Fastigheter AB (FRA:Y5R) Headlines

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