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Sitowise Group (OHEL:SITOWS) Days Inventory : 0.00 (As of Dec. 2023)


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What is Sitowise Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sitowise Group's Average Total Inventories for the three months ended in Dec. 2023 was €0.0 Mil. Sitowise Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €6.0 Mil. Hence, Sitowise Group's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

OHEL:SITOWS's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 48.8
* Ranked among companies with meaningful Days Inventory only.

Sitowise Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Sitowise Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Sitowise Group Days Inventory Historical Data

The historical data trend for Sitowise Group'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.

Sitowise Group Days Inventory Chart

Sitowise Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Sitowise Group Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Sitowise Group's Days Inventory

For the Engineering & Construction subindustry, Sitowise Group'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.


Sitowise Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sitowise Group's Days Inventory distribution charts can be found below:

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



Sitowise Group Days Inventory Calculation

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

Sitowise Group'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
=( (0 + 0) / 1 ) / 21.493*365
=0 / 21.493*365
=0.00

Sitowise Group's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 5.997*365 / 4
=0 / 5.997*365 / 4
=0.00

* 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.


Sitowise Group  (OHEL:SITOWS) 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.

Sitowise Group's Inventory Turnover for the three months ended in Dec. 2023 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.

Sitowise Group's Inventory to Revenue for the three months ended in Dec. 2023 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.


Sitowise Group Days Inventory Related Terms

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


Sitowise Group (OHEL:SITOWS) Business Description

Traded in Other Exchanges
Address
Linnoitustie 6 D, Espoo, FIN, 02600
Sitowise Group PLC is a Nordic expert in the built environment that offers sustainable design and consulting services. The company operates in various size projects to enable more responsible and smarter urban development as well as smooth transportation. Sitowise offers its services in Buildings, Infrastructure and Digital Solution areas.

Sitowise Group (OHEL:SITOWS) Headlines

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