Andfjordlmon AS (OSL:ANDF) Days Inventory : 75.26 (As of Dec. 2023)

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What is Andfjordlmon AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Andfjordlmon AS's Average Total Inventories for the three months ended in Dec. 2023 was kr1.86 Mil. Andfjordlmon AS's Cost of Goods Sold for the three months ended in Dec. 2023 was kr2.26 Mil. Hence, Andfjordlmon AS's Days Inventory for the three months ended in Dec. 2023 was 75.26.

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

OSL:ANDF' s Days Inventory Range Over the Past 10 Years
Min: 84.74 Med: 84.74 Max: 151.91
Current: 151.91

During the past 7 years, Andfjordlmon AS's highest Days Inventory was 151.91. The lowest was 84.74. And the median was 84.74.

OSL:ANDF's Days Inventory is ranked worse than
77.93% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs OSL:ANDF: 151.91

Andfjordlmon AS's Days Inventory declined from Dec. 2022 (1,205.62) to Dec. 2023 (75.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Andfjordlmon AS's Inventory Turnover for the three months ended in Dec. 2023 was 1.21.

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. Andfjordlmon AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1,864.00.

Andfjordlmon AS Days Inventory Historical Data

The historical data trend for Andfjordlmon AS'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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Andfjordlmon AS Days Inventory Chart

Andfjordlmon AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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84.74

Andfjordlmon AS Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															1,205.62	-	435.06	39.88	75.26

Competitive Comparison of Andfjordlmon AS's Days Inventory

For the Farm Products subindustry, Andfjordlmon AS'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.

Andfjordlmon AS's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Andfjordlmon AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Andfjordlmon AS's Days Inventory falls into.

Andfjordlmon AS Days Inventory Calculation

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

Andfjordlmon AS'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
=	( (15.447	+	1.697)	/	2 )	/	36.924	*	365
=	8.572					/	36.924	*	365
=	84.74

Andfjordlmon AS'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
=	( (2.031	+	1.697)	/	2 )	/	2.26	*	365 / 4
=	1.864					/	2.26	*	365 / 4
=	75.26

Andfjordlmon AS (OSL:ANDF) 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.

Andfjordlmon AS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.26	/	1.864
	=	1.21

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.

Andfjordlmon AS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.864	/	0.001
	=	1,864.00

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.

Andfjordlmon AS Days Inventory Related Terms

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

Andfjordlmon AS (OSL:ANDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Andfjord Salmon AS (OSL:ANDF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

50R:Germany

Address

Kvalnesveien 69, Dverberg, Vesterålen, NOR, 8485

Website

https://www.andfjordsalmon.com

Andfjord Salmon AS is a Norwegian company engaged in salmon farming. The company's farming facility is located on Andoya, the northernmost island in the Arctic Archipelago of Lofoten, Vesteralen.

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