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Sarsys AB (NGM:SARS) Days Inventory : 178.80 (As of Dec. 2023)


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What is Sarsys AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sarsys AB's Average Total Inventories for the three months ended in Dec. 2023 was kr11.06 Mil. Sarsys AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr5.64 Mil. Hence, Sarsys AB's Days Inventory for the three months ended in Dec. 2023 was 178.80.

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

NGM:SARS' s Days Inventory Range Over the Past 10 Years
Min: 55.3   Med: 128.71   Max: 360.92
Current: 239.25

During the past 13 years, Sarsys AB's highest Days Inventory was 360.92. The lowest was 55.30. And the median was 128.71.

NGM:SARS's Days Inventory is ranked worse than
85.92% of 2408 companies
in the Hardware industry
Industry Median: 102.555 vs NGM:SARS: 239.25

Sarsys AB's Days Inventory declined from Dec. 2022 (340.28) to Dec. 2023 (178.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sarsys AB's Inventory Turnover for the three months ended in Dec. 2023 was 0.51.

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. Sarsys AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.96.


Sarsys AB Days Inventory Historical Data

The historical data trend for Sarsys 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.

Sarsys AB Days Inventory Chart

Sarsys 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 120.74 216.39 326.18 360.92 213.75

Sarsys 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 340.28 447.78 195.18 281.74 178.80

Competitive Comparison of Sarsys AB's Days Inventory

For the Scientific & Technical Instruments subindustry, Sarsys 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.


Sarsys AB's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sarsys AB's Days Inventory distribution charts can be found below:

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



Sarsys AB Days Inventory Calculation

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

Sarsys 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
=( (12.311 + 9.637) / 2 ) / 18.739*365
=10.974 / 18.739*365
=213.75

Sarsys 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
=( (12.477 + 9.637) / 2 ) / 5.643*365 / 4
=11.057 / 5.643*365 / 4
=178.80

* 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.


Sarsys AB  (NGM:SARS) 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.

Sarsys 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.

Sarsys 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.


Sarsys AB Days Inventory Related Terms

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


Sarsys AB (NGM:SARS) Business Description

Traded in Other Exchanges
N/A
Address
Piledalsvagen 51, Box 31, Kopingebro, SWE, 271 73
Sarsys AB formerly SARSYS-ASFT AB is a developer and manufacturer of Continuous Friction Measuring Equipment and provider of cutting-edge ITS and Road/Runway Weather Information System. ASTF products include Volvo XC60/V90 Friction Tester, VW Sharan Friction, Skoda Octavia Friction, T-5 Trailer Friction, and T2GO Friction Tester. SARSYS products include Sarsys Volvo Friction Tester (V90), Sarsys Opel Friction, Sarsys Friction Tester Transporter, and Sarsys Trailer Friction Tester. The products include computerized technology for monitoring factors such as friction, freezing points, early ice warning-systems, precipitation, groundfrost, ice deposit growth, camera-surveillance systems among others.

Sarsys AB (NGM:SARS) Headlines

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