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Exsitec Holding AB (OSTO:EXS) Days Inventory : 0.73 (As of Mar. 2024)


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What is Exsitec Holding AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Exsitec Holding AB's Average Total Inventories for the three months ended in Mar. 2024 was kr1.2 Mil. Exsitec Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr147.9 Mil. Hence, Exsitec Holding AB's Days Inventory for the three months ended in Mar. 2024 was 0.73.

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

OSTO:EXS' s Days Inventory Range Over the Past 10 Years
Min: 0.47   Med: 0.78   Max: 1.15
Current: 0.98

During the past 6 years, Exsitec Holding AB's highest Days Inventory was 1.15. The lowest was 0.47. And the median was 0.78.

OSTO:EXS's Days Inventory is ranked better than
87.52% of 1562 companies
in the Software industry
Industry Median: 19.48 vs OSTO:EXS: 0.98

Exsitec Holding AB's Days Inventory declined from Mar. 2023 (0.99) to Mar. 2024 (0.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Exsitec Holding AB's Inventory Turnover for the three months ended in Mar. 2024 was 124.38.

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. Exsitec Holding AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Exsitec Holding AB Days Inventory Historical Data

The historical data trend for Exsitec 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.

Exsitec Holding AB Days Inventory Chart

Exsitec Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 0.47 0.80 1.15 0.99 0.66

Exsitec Holding AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.99 1.31 1.23 0.56 0.73

Competitive Comparison of Exsitec Holding AB's Days Inventory

For the Information Technology Services subindustry, Exsitec 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.


Exsitec Holding AB's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Exsitec Holding AB's Days Inventory distribution charts can be found below:

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



Exsitec Holding AB Days Inventory Calculation

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

Exsitec Holding 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
=( (1.24 + 0.635) / 2 ) / 522.377*365
=0.9375 / 522.377*365
=0.66

Exsitec Holding 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
=( (0.635 + 1.743) / 2 ) / 147.89*365 / 4
=1.189 / 147.89*365 / 4
=0.73

* 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.


Exsitec Holding AB  (OSTO:EXS) 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.

Exsitec Holding 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.

Exsitec Holding 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.


Exsitec Holding AB Days Inventory Related Terms

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Exsitec Holding AB (OSTO:EXS) Business Description

Traded in Other Exchanges
N/A
Address
Snickaregatan 40, Linkoping, SWE, 582 26
Exsitec Holding AB provides information technology services. The business activities of the company include IT support by providing support, management, and further development of the IT systems of the customers. The company offers e-commerce solutions, software development, IT training, and other related services. The group's operations are managed and reported based on the three operating segments: Sweden, Norway, and Denmark. The majority of its revenue is derived from Sweden.

Exsitec Holding AB (OSTO:EXS) Headlines

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