ES Energyve Holding AB (OSTO:ESGR B) Days Inventory : 287.16 (As of Jan. 2024)

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What is ES Energyve Holding AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ES Energyve Holding AB's Average Total Inventories for the three months ended in Jan. 2024 was kr103.7 Mil. ES Energyve Holding AB's Cost of Goods Sold for the three months ended in Jan. 2024 was kr33.0 Mil. Hence, ES Energyve Holding AB's Days Inventory for the three months ended in Jan. 2024 was 287.16.

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

OSTO:ESGR B' s Days Inventory Range Over the Past 10 Years
Min: 109.47 Med: 162.43 Max: 320.92
Current: 320.92

During the past 5 years, ES Energyve Holding AB's highest Days Inventory was 320.92. The lowest was 109.47. And the median was 162.43.

OSTO:ESGR B's Days Inventory is ranked worse than
90.97% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs OSTO:ESGR B: 320.92

ES Energyve Holding AB's Days Inventory increased from Jan. 2023 (84.05) to Jan. 2024 (287.16). It might indicate that ES Energyve Holding AB's sales slowed down.

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. ES Energyve Holding AB's Inventory Turnover for the three months ended in Jan. 2024 was 0.32.

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. ES Energyve Holding AB's Inventory-to-Revenue for the three months ended in Jan. 2024 was 2.06.

ES Energyve Holding AB Days Inventory Historical Data

The historical data trend for ES Energyve Holding 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.

ES Energyve Holding AB Days Inventory Chart

ES Energyve Holding AB Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

194.15

248.98

162.43

109.47

114.77

ES Energyve Holding AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															84.05	227.02	446.11	436.01	287.16

Competitive Comparison of ES Energyve Holding AB's Days Inventory

For the Specialty Industrial Machinery subindustry, ES Energyve Holding 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.

ES Energyve Holding AB's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ES Energyve Holding AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where ES Energyve Holding AB's Days Inventory falls into.

ES Energyve Holding AB Days Inventory Calculation

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

ES Energyve Holding AB's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (28.606	+	96.981)	/	2 )	/	199.698	*	365
=	62.7935					/	199.698	*	365
=	114.77

ES Energyve Holding AB's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (101.127	+	106.273)	/	2 )	/	32.952	*	365 / 4
=	103.7					/	32.952	*	365 / 4
=	287.16

ES Energyve Holding AB (OSTO:ESGR 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.

ES Energyve Holding AB's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	32.952	/	103.7
	=	0.32

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.

ES Energyve Holding AB's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	103.7	/	50.325
	=	2.06

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.

ES Energyve Holding AB Days Inventory Related Terms

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

ES Energyve Holding AB (OSTO:ESGR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ES Energy Save Holding AB (OSTO:ESGR B) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nitgatan 2, Alingsas, SWE, SE-441 38

Website

https://www.energysave.se

ES Energy Save Holding AB is engaged in the business of developing energy-saving products. The product portfolio includes heat pumps and systems. Also, the company provides heat pump accessories and air management services.

ES Energyve Holding AB (OSTO:ESGR B) Headlines

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