Nattaro Labs AB (XSAT:NATTA) Days Inventory : 1,726.81 (As of Mar. 2024)

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What is Nattaro Labs AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nattaro Labs AB's Average Total Inventories for the three months ended in Mar. 2024 was kr0.87 Mil. Nattaro Labs AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.05 Mil. Hence, Nattaro Labs AB's Days Inventory for the three months ended in Mar. 2024 was 1,726.81.

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

XSAT:NATTA' s Days Inventory Range Over the Past 10 Years
Min: 664.17 Med: 1215.14 Max: 1721.56
Current: 664.17

During the past 5 years, Nattaro Labs AB's highest Days Inventory was 1721.56. The lowest was 664.17. And the median was 1215.14.

XSAT:NATTA's Days Inventory is ranked worse than
98.93% of 1490 companies
in the Chemicals industry
Industry Median: 81.62 vs XSAT:NATTA: 664.17

Nattaro Labs AB's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (1,726.81). It might indicate that Nattaro Labs 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. Nattaro Labs AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.05.

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. Nattaro Labs AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.62.

Nattaro Labs AB Days Inventory Historical Data

The historical data trend for Nattaro Labs 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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Nattaro Labs AB Days Inventory Chart

Nattaro Labs AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

708.71

1,721.56

Nattaro Labs AB Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial								-	2,473.11	-	175.92	1,726.81

Competitive Comparison of Nattaro Labs AB's Days Inventory

For the Specialty Chemicals subindustry, Nattaro Labs 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.

Nattaro Labs AB's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nattaro Labs AB's Days Inventory distribution charts can be found below:

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

Nattaro Labs AB Days Inventory Calculation

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

Nattaro Labs 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
=	( (1.111	+	0.936)	/	2 )	/	0.217	*	365
=	1.0235					/	0.217	*	365
=	1,721.56

Nattaro Labs 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
=	( (0.936	+	0.805)	/	2 )	/	0.046	*	365 / 4
=	0.8705					/	0.046	*	365 / 4
=	1,726.81

Nattaro Labs AB (XSAT:NATTA) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.046	/	0.8705
	=	0.05

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.8705	/	1.408
	=	0.62

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.

Nattaro Labs AB Days Inventory Related Terms

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

Nattaro Labs AB (XSAT:NATTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nattaro Labs AB (XSAT:NATTA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scheelevägen 2, Medicon Village, Lund, SWE, 223 63

Website

https://www.nattarolabs.com

Nattaro Labs AB is a Swedish company that carries out research to develop innovative products and sustainable solutions to combat the growing global problem of bed bugs.

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