GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Alfa Laval AB (OTCPK:ALFVY) » Definitions » Days Inventory

Alfa Laval AB (Alfa Laval AB) Days Inventory : 137.29 (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Alfa Laval AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alfa Laval AB's Average Total Inventories for the three months ended in Mar. 2024 was $1,401 Mil. Alfa Laval AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $931 Mil. Hence, Alfa Laval AB's Days Inventory for the three months ended in Mar. 2024 was 137.29.

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

ALFVY' s Days Inventory Range Over the Past 10 Years
Min: 102.62   Med: 118.95   Max: 132.2
Current: 128.73

During the past 13 years, Alfa Laval AB's highest Days Inventory was 132.20. The lowest was 102.62. And the median was 118.95.

ALFVY's Days Inventory is ranked worse than
53.77% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs ALFVY: 128.73

Alfa Laval AB's Days Inventory declined from Mar. 2023 (144.94) to Mar. 2024 (137.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Alfa Laval AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.66.

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. Alfa Laval AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.98.


Alfa Laval AB Days Inventory Historical Data

The historical data trend for Alfa Laval 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.

Alfa Laval AB Days Inventory Chart

Alfa Laval 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 113.83 118.46 137.58 136.61 120.93

Alfa Laval 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 144.94 133.82 141.13 109.05 137.29

Competitive Comparison of Alfa Laval AB's Days Inventory

For the Specialty Industrial Machinery subindustry, Alfa Laval 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.


Alfa Laval AB's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Alfa Laval AB's Days Inventory distribution charts can be found below:

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



Alfa Laval AB Days Inventory Calculation

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

Alfa Laval 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
=( (1368.375 + 1390.969) / 2 ) / 4164.132*365
=1379.672 / 4164.132*365
=120.93

Alfa Laval 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
=( (1390.969 + 1411.351) / 2 ) / 931.296*365 / 4
=1401.16 / 931.296*365 / 4
=137.29

* 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.


Alfa Laval AB  (OTCPK:ALFVY) 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.

Alfa Laval 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.

Alfa Laval 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.


Alfa Laval AB Days Inventory Related Terms

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


Alfa Laval AB (Alfa Laval AB) Business Description

Traded in Other Exchanges
Address
Rudeboksvagen 1, P.O. Box 73, Lund, SWE, SE-221 00
Alfa Laval is a leading manufacturer of highly engineered equipment, primarily in the areas of separation, heat transfer, and fluid handling used by a diverse range of customers spanning the food, water, energy, and marine industry verticals. These products play a key role in a number of industrial processes, and Alfa Laval enjoys a leading position in all three areas. Alfa Laval's history stretches back 140 years to when its first separator was developed. The company is listed on the Stockholm stock exchange.