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Invisio AB (OSTO:IVSO) Days Inventory : 186.07 (As of Mar. 2024)


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What is Invisio AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Invisio AB's Average Total Inventories for the three months ended in Mar. 2024 was kr245 Mil. Invisio AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr120 Mil. Hence, Invisio AB's Days Inventory for the three months ended in Mar. 2024 was 186.07.

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

OSTO:IVSO' s Days Inventory Range Over the Past 10 Years
Min: 43.8   Med: 144.43   Max: 179.22
Current: 155.15

During the past 13 years, Invisio AB's highest Days Inventory was 179.22. The lowest was 43.80. And the median was 144.43.

OSTO:IVSO's Days Inventory is ranked worse than
69.93% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs OSTO:IVSO: 155.15

Invisio AB's Days Inventory increased from Mar. 2023 (114.12) to Mar. 2024 (186.07). It might indicate that Invisio AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Invisio AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.49.

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. Invisio AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.80.


Invisio AB Days Inventory Historical Data

The historical data trend for Invisio 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.

Invisio AB Days Inventory Chart

Invisio 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 179.22 172.92 168.48 146.71 142.15

Invisio 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 114.12 147.46 156.30 141.03 186.07

Competitive Comparison of Invisio AB's Days Inventory

For the Communication Equipment subindustry, Invisio 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.


Invisio AB's Days Inventory Distribution in the Hardware Industry

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

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



Invisio AB Days Inventory Calculation

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

Invisio 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
=( (144.4 + 238.2) / 2 ) / 491.2*365
=191.3 / 491.2*365
=142.15

Invisio 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
=( (238.2 + 252) / 2 ) / 120.2*365 / 4
=245.1 / 120.2*365 / 4
=186.07

* 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.


Invisio AB  (OSTO:IVSO) 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.

Invisio 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.

Invisio 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.


Invisio AB Days Inventory Related Terms

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


Invisio AB (OSTO:IVSO) Business Description

Traded in Other Exchanges
Address
Stamholmen 157, Hvidovre, DNK, DK-2650
Invisio AB develops and sells advanced communications and hearing protection systems for professional users. The product portfolio includes the control units INVISIO V20, INVISIO V50, and INVISIO V60, with one, two or three connection ports. The company offers headsets, control units, intercom systems, accessories and remote push-to-talk units, and cables. Its customers are in defense and security. The company operates in Sweden, Europe, North America, and the Rest of the world.

Invisio AB (OSTO:IVSO) Headlines

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