The historical rank and industry rank for GomSpace Group AB's Days Inventory or its related term are showing as below:
OSTO:GOMX'
s Days Inventory Range Over the Past 10 Years
Min: 36.83 Med: 62.83 Max: 83.61
Current: 71.67
During the past 9 years, GomSpace Group AB's highest Days Inventory was 83.61. The lowest was 36.83. And the median was 62.83.
OSTO:GOMX's Days Inventory is ranked better than 76.82% of 289
companies
in the Aerospace & Defense industry
Industry Median: 142.68
vs OSTO:GOMX: 71.67
GomSpace Group AB's Days Inventory
increased
from Sep. 2022 (51.54) to Sep. 2023 (104.99).
It might indicate that GomSpace Group AB's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
GomSpace Group AB's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.87.
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.
GomSpace Group AB's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.98.
GomSpace Group AB Days Inventory Historical Data
The historical data trend for GomSpace Group 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.
Competitive Comparison of GomSpace Group AB's Days Inventory
For the Aerospace & Defense subindustry, GomSpace Group 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.
GomSpace Group AB's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, GomSpace Group AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where GomSpace Group AB's Days Inventory falls into.
GomSpace Group AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
GomSpace Group AB's Days Inventory for the fiscal year that ended in Dec. 2022 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.
GomSpace Group AB (OSTO:GOMX) 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.
GomSpace Group AB's Inventory Turnover for the
three
months ended in Sep. 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.
GomSpace Group AB's Inventory to Revenue for the
three
months ended in Sep. 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.
GomSpace Group AB Days Inventory Related Terms
Thank you for viewing the detailed overview of GomSpace Group AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
GomSpace Group AB (OSTO:GOMX) Business Description
GomSpace Group AB develops and commercializes nano-satellites. It provides turn-key solutions to enable space-based businesses including solutions for IoT, communication, tracking, surveillance, and remote sensing. The company also offers professional nano-satellite turn-key solutions, platforms, commercial off the shelf sub-systems, software modules, and off-the-shelf payloads for tracking or deliver payloads to customer requirements based on radio technology building blocks. Its business areas are Academia, Commercial, Defense, and Science operating geographically in Sweden, Denmark, other parts of Europe, the United States, Asia and Rest of the world. The company earns Majority of its revenue comes from Denmark.
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