Vimab Group AB (FRA:NM4) Days Inventory

: 71.88 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Vimab Group AB's Average Total Inventories for the three months ended in Sep. 2023 was €3.82 Mil. Vimab Group AB's Cost of Goods Sold for the three months ended in Sep. 2023 was €4.85 Mil. Hence, Vimab Group AB's Days Inventory for the three months ended in Sep. 2023 was 71.88.

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

FRA:NM4' s Days Inventory Range Over the Past 10 Years
Min: 181.2 Med: 197.45 Max: 213.7
Current: 207.23

During the past 12 years, Vimab Group AB's highest Days Inventory was 213.70. The lowest was 181.20. And the median was 197.45.

FRA:NM4's Days Inventory is ranked worse than
89.85% of 680 companies
in the Business Services industry
Industry Median: 29.14 vs FRA:NM4: 207.23

Vimab Group AB's Days Inventory declined from Sep. 2022 (106.93) to Sep. 2023 (71.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vimab Group AB's Inventory Turnover for the three months ended in Sep. 2023 was 1.27.

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. Vimab Group AB's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.46.

Vimab Group AB Days Inventory Historical Data

The historical data trend for Vimab Group 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.

Vimab Group AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

213.72

187.67

Vimab Group AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory																106.93	-	-	59.99	71.88

Competitive Comparison

For the Consulting Services subindustry, Vimab Group 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.

Vimab Group AB Days Inventory Distribution

For the Business Services industry and Industrials sector, Vimab Group AB's Days Inventory distribution charts can be found below:

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

Vimab Group AB Days Inventory Calculation

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

Vimab Group 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
=	( (2.824	+	2.546)	/	2 )	/	5.222	*	365
=	2.685					/	5.222	*	365
=	187.67

Vimab Group AB's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3.457	+	4.178)	/	2 )	/	4.846	*	365 / 4
=	3.8175					/	4.846	*	365 / 4
=	71.88

Vimab Group AB (FRA:NM4) 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.

Vimab Group AB's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.846	/	3.8175
	=	1.27

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.

Vimab Group AB's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.8175	/	8.368
	=	0.46

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.

Vimab Group AB Days Inventory Related Terms

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

Vimab Group AB (FRA:NM4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vimab Group AB (FRA:NM4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VIMAB:Sweden

Address

Malmskillnadsgatan 40A, Stockholm, SWE, 111 57

Website

https://www.vimabgroup.com

Vimab Group AB is a Nordic company helping companies with transformation and improvement initiatives. It offers services including Interim management, Executive search.

Vimab Group AB (FRA:NM4) Headlines

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