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Bang & Olufsen A/S (LTS:0MRM) Days Inventory

: 147.17 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Bang & Olufsen A/S's Average Total Inventories for the three months ended in Feb. 2024 was kr465 Mil. Bang & Olufsen A/S's Cost of Goods Sold for the three months ended in Feb. 2024 was kr288 Mil. Hence, Bang & Olufsen A/S's Days Inventory for the three months ended in Feb. 2024 was 147.17.

The historical rank and industry rank for Bang & Olufsen A/S's Days Inventory or its related term are showing as below:

LTS:0MRM' s Days Inventory Range Over the Past 10 Years
Min: 68.91   Med: 115.17   Max: 169.65
Current: 143.44

During the past 13 years, Bang & Olufsen A/S's highest Days Inventory was 169.65. The lowest was 68.91. And the median was 115.17.

LTS:0MRM's Days Inventory is ranked worse than
65.52% of 2404 companies
in the Hardware industry
Industry Median: 104.035 vs LTS:0MRM: 143.44

Bang & Olufsen A/S's Days Inventory increased from Feb. 2023 (135.98) to Feb. 2024 (147.17). It might indicate that Bang & Olufsen A/S's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bang & Olufsen A/S's Inventory Turnover for the three months ended in Feb. 2024 was 0.62.

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. Bang & Olufsen A/S's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.76.


Bang & Olufsen A/S Days Inventory Historical Data

The historical data trend for Bang & Olufsen A/S'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.

Bang & Olufsen A/S Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.42 160.41 101.17 109.82 130.61

Bang & Olufsen A/S Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 135.98 145.01 151.62 130.48 147.17

Competitive Comparison

For the Consumer Electronics subindustry, Bang & Olufsen A/S'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.


Bang & Olufsen A/S Days Inventory Distribution

For the Hardware industry and Technology sector, Bang & Olufsen A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bang & Olufsen A/S's Days Inventory falls into.



Bang & Olufsen A/S Days Inventory Calculation

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

Bang & Olufsen A/S's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

Days Inventory (A: May. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2022 ) + Total Inventories (A: May. 2023 )) / count ) / Cost of Goods Sold (A: May. 2023 )*Days in Period
=( (601 + 499) / 2 ) / 1537*365
=550 / 1537*365
=130.61

Bang & Olufsen A/S's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (460 + 469) / 2 ) / 288*365 / 4
=464.5 / 288*365 / 4
=147.17

* 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.


Bang & Olufsen A/S  (LTS:0MRM) 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.

Bang & Olufsen A/S's Inventory Turnover for the three months ended in Feb. 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.

Bang & Olufsen A/S's Inventory to Revenue for the three months ended in Feb. 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.


Bang & Olufsen A/S Days Inventory Related Terms

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Bang & Olufsen A/S (LTS:0MRM) Business Description

Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen A/S designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA) and also has a presence in the Americas and Asia. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen A/S (LTS:0MRM) Headlines

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