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Hoi Publishing AB (NGM:HOI B) Days Inventory : 200.80 (As of Dec. 2023)


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What is Hoi Publishing AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hoi Publishing AB's Average Total Inventories for the three months ended in Dec. 2023 was kr4.50 Mil. Hoi Publishing AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr2.04 Mil. Hence, Hoi Publishing AB's Days Inventory for the three months ended in Dec. 2023 was 200.80.

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

NGM:HOI B' s Days Inventory Range Over the Past 10 Years
Min: 272.93   Med: 334.53   Max: 421.24
Current: 275.52

During the past 4 years, Hoi Publishing AB's highest Days Inventory was 421.24. The lowest was 272.93. And the median was 334.53.

NGM:HOI B's Days Inventory is ranked worse than
91.32% of 657 companies
in the Media - Diversified industry
Industry Median: 25.37 vs NGM:HOI B: 275.52

Hoi Publishing AB's Days Inventory declined from Dec. 2022 (381.89) to Dec. 2023 (200.80).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hoi Publishing AB's Inventory Turnover for the three months ended in Dec. 2023 was 0.45.

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. Hoi Publishing AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.87.


Hoi Publishing AB Days Inventory Historical Data

The historical data trend for Hoi Publishing 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.

Hoi Publishing AB Days Inventory Chart

Hoi Publishing AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
421.24 358.11 310.94 272.93

Hoi Publishing AB Quarterly Data
Dec20 Mar21 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 381.89 362.98 463.61 221.42 200.80

Competitive Comparison of Hoi Publishing AB's Days Inventory

For the Publishing subindustry, Hoi Publishing 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.


Hoi Publishing AB's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hoi Publishing AB's Days Inventory distribution charts can be found below:

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



Hoi Publishing AB Days Inventory Calculation

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

Hoi Publishing 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
=( (4.28 + 4.427) / 2 ) / 5.822*365
=4.3535 / 5.822*365
=272.93

Hoi Publishing 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
=( (4.569 + 4.427) / 2 ) / 2.044*365 / 4
=4.498 / 2.044*365 / 4
=200.80

* 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.


Hoi Publishing AB  (NGM:HOI B) 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.

Hoi Publishing 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.

Hoi Publishing 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.


Hoi Publishing AB Days Inventory Related Terms

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


Hoi Publishing AB (NGM:HOI B) Business Description

Traded in Other Exchanges
N/A
Address
Johannesgrand 1, Stockholm, SWE, 111 30
Hoi Publishing AB operates as a publishing company. The company publishes books and periodicals.

Hoi Publishing AB (NGM:HOI B) Headlines

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