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AVTECH Sweden AB (OSTO:AVT B) Days Inventory : 0.00 (As of Mar. 2024)


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What is AVTECH Sweden AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AVTECH Sweden AB's Average Total Inventories for the three months ended in Mar. 2024 was kr0.00 Mil. AVTECH Sweden AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2.50 Mil. Hence, AVTECH Sweden AB's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

OSTO:AVT B's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 145.08
* Ranked among companies with meaningful Days Inventory only.

AVTECH Sweden AB's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. AVTECH Sweden AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


AVTECH Sweden AB Days Inventory Historical Data

The historical data trend for AVTECH Sweden 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.

AVTECH Sweden AB Days Inventory Chart

AVTECH Sweden AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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AVTECH Sweden AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of AVTECH Sweden AB's Days Inventory

For the Aerospace & Defense subindustry, AVTECH Sweden 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.


AVTECH Sweden AB's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVTECH Sweden AB's Days Inventory distribution charts can be found below:

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



AVTECH Sweden AB Days Inventory Calculation

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

AVTECH Sweden 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
=( (0 + 0) / 1 ) / 8.354*365
=0 / 8.354*365
=0.00

AVTECH Sweden AB's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 2.5*365 / 4
=0 / 2.5*365 / 4
=0.00

* 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.


AVTECH Sweden AB  (OSTO:AVT 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.

AVTECH Sweden AB's Inventory Turnover for the three months ended in Mar. 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.

AVTECH Sweden AB's Inventory to Revenue for the three months ended in Mar. 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.


AVTECH Sweden AB Days Inventory Related Terms

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


AVTECH Sweden AB (OSTO:AVT B) Business Description

Traded in Other Exchanges
Address
Färögatan 33, 24th floor, Kista, SWE, 164 51
AVTECH Sweden AB assists the aviation industry to operate with efficiency by offering sustainable solutions within digital Air Traffic Management. Its products and services includes Aventus SIGMA, weather uplink services, Aventus NowCast system providing aviation weather forecasting and Aventus AIR, a solution for sending FMS weather data to aircraft.

AVTECH Sweden AB (OSTO:AVT B) Headlines

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