RanLOS AB (OSTO:RLOS B) Days Inventory : 0.00 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is RanLOS AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RanLOS AB's Average Total Inventories for the six months ended in Jun. 2023 was kr0.17 Mil. RanLOS AB's Cost of Goods Sold for the six months ended in Jun. 2023 was kr-0.56 Mil.

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

OSTO:RLOS B' s Days Inventory Range Over the Past 10 Years
Min: 166.09 Med: 1093.75 Max: 1984.69
Current: 166.09

During the past 2 years, RanLOS AB's highest Days Inventory was 1984.69. The lowest was 166.09. And the median was 1093.75.

OSTO:RLOS B's Days Inventory is ranked worse than
73.17% of 2408 companies
in the Hardware industry
Industry Median: 102.415 vs OSTO:RLOS B: 166.09

RanLOS AB's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

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. RanLOS AB's Inventory Turnover for the six months ended in Jun. 2023 was -3.35.

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. RanLOS AB's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.02.

RanLOS AB Days Inventory Historical Data

The historical data trend for RanLOS 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.

RanLOS AB Days Inventory Chart

RanLOS AB Annual Data

Trend

Dec21

Dec22

Days Inventory

1,984.69

202.81

RanLOS AB Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Days Inventory	-	-	32.88	-

Competitive Comparison of RanLOS AB's Days Inventory

For the Scientific & Technical Instruments subindustry, RanLOS 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.

RanLOS AB's Days Inventory Distribution in the Hardware Industry

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

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

RanLOS AB Days Inventory Calculation

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

RanLOS AB's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.522	+	0.167)	/	2 )	/	0.62	*	365
=	0.3445					/	0.62	*	365
=	202.81

RanLOS AB's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.167	+	0.167)	/	2 )	/	-0.56	*	365 / 2
=	0.167					/	-0.56	*	365 / 2
=	N/A

RanLOS AB (OSTO:RLOS 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.

RanLOS AB's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-0.56	/	0.167
	=	-3.35

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.

RanLOS AB's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.167	/	0.163
	=	1.02

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.

RanLOS AB Days Inventory Related Terms

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

RanLOS AB (OSTO:RLOS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RanLOS AB (OSTO:RLOS B) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flojelbergsgatan 20 C, Molndal, SWE, 431 37

Website

https://www.ranlos.com

RanLOS AB develops measurement technologies for testing and verifying antennas and systems used in connected vehicles and other wireless devices.

RanLOS AB (OSTO:RLOS B) Headlines

No Headlines