Wastbygg Gruppen AB (OSTO:WBGR B) Days Inventory : 214.93 (As of Mar. 2024)

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What is Wastbygg Gruppen AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wastbygg Gruppen AB's Average Total Inventories for the three months ended in Mar. 2024 was kr2,028 Mil. Wastbygg Gruppen AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr861 Mil. Hence, Wastbygg Gruppen AB's Days Inventory for the three months ended in Mar. 2024 was 214.93.

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

OSTO:WBGR B' s Days Inventory Range Over the Past 10 Years
Min: 10.61 Med: 83.44 Max: 137.42
Current: 133.58

During the past 8 years, Wastbygg Gruppen AB's highest Days Inventory was 137.42. The lowest was 10.61. And the median was 83.44.

OSTO:WBGR B's Days Inventory is ranked worse than
78.15% of 1396 companies
in the Construction industry
Industry Median: 49.04 vs OSTO:WBGR B: 133.58

Wastbygg Gruppen AB's Days Inventory increased from Mar. 2023 (87.43) to Mar. 2024 (214.93). It might indicate that Wastbygg Gruppen 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. Wastbygg Gruppen AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.42.

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. Wastbygg Gruppen AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.26.

Wastbygg Gruppen AB Days Inventory Historical Data

The historical data trend for Wastbygg Gruppen 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.

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Wastbygg Gruppen AB Days Inventory Chart

Wastbygg Gruppen AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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51.18

83.44

105.88

112.35

137.42

Wastbygg Gruppen AB Quarterly Data
	Dec18	Jun19	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															87.43	69.23	206.78	141.88	214.93

Competitive Comparison of Wastbygg Gruppen AB's Days Inventory

For the Engineering & Construction subindustry, Wastbygg Gruppen 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.

Wastbygg Gruppen AB's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wastbygg Gruppen AB's Days Inventory distribution charts can be found below:

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

Wastbygg Gruppen AB Days Inventory Calculation

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

Wastbygg Gruppen 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
=	( (1828	+	1949)	/	2 )	/	5016	*	365
=	1888.5					/	5016	*	365
=	137.42

Wastbygg Gruppen 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
=	( (1949	+	2107)	/	2 )	/	861	*	365 / 4
=	2028					/	861	*	365 / 4
=	214.93

Wastbygg Gruppen AB (OSTO:WBGR 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.

Wastbygg Gruppen AB's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	861	/	2028
	=	0.42

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.

Wastbygg Gruppen AB's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2028	/	896
	=	2.26

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.

Wastbygg Gruppen AB Days Inventory Related Terms

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

Wastbygg Gruppen AB (OSTO:WBGR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wastbygg Gruppen AB (OSTO:WBGR B) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sofierogatan 3B, Goteborg, SWE, 412 51

Website

https://www.wastbygg.se

Wastbygg Gruppen AB is a construction and project development company in Sweden. The company builds and develops homes, commercial buildings, community service properties, logistics and industrial facilities. Its segments include Residential, Commercial and Logistics and Industry. It builds apartment buildings for external clients, both municipal and private. It also develops and builds its own housing projects.

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