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Electrolux AB (Electrolux AB) Days Inventory : 59.30 (As of Dec. 2023)


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What is Electrolux AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Electrolux AB's Average Total Inventories for the three months ended in Dec. 2023 was $2,065 Mil. Electrolux AB's Cost of Goods Sold for the three months ended in Dec. 2023 was $3,178 Mil. Hence, Electrolux AB's Days Inventory for the three months ended in Dec. 2023 was 59.30.

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

ELRXF' s Days Inventory Range Over the Past 10 Years
Min: 51.92   Med: 58.57   Max: 73.47
Current: 73.47

During the past 13 years, Electrolux AB's highest Days Inventory was 73.47. The lowest was 51.92. And the median was 58.57.

ELRXF's Days Inventory is ranked better than
69.46% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 105.895 vs ELRXF: 73.47

Electrolux AB's Days Inventory declined from Dec. 2022 (76.31) to Dec. 2023 (59.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Electrolux AB's Inventory Turnover for the three months ended in Dec. 2023 was 1.54.

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. Electrolux AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.


Electrolux AB Days Inventory Historical Data

The historical data trend for Electrolux 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.

Electrolux AB Days Inventory Chart

Electrolux 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 61.91 53.62 62.42 74.26 68.50

Electrolux AB Quarterly Data
Mar19 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 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 76.31 78.75 83.00 79.53 59.30

Competitive Comparison of Electrolux AB's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Electrolux 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.


Electrolux AB's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Electrolux AB's Days Inventory distribution charts can be found below:

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



Electrolux AB Days Inventory Calculation

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

Electrolux 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
=( (2346.695 + 1945.972) / 2 ) / 11436.983*365
=2146.3335 / 11436.983*365
=68.50

Electrolux AB'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
=( (2184.433 + 1945.972) / 2 ) / 3177.741*365 / 4
=2065.2025 / 3177.741*365 / 4
=59.30

* 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.


Electrolux AB  (OTCPK:ELRXF) 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.

Electrolux AB'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.

Electrolux AB'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.


Electrolux AB Days Inventory Related Terms

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


Electrolux AB (Electrolux AB) Business Description

Address
Street Goransgatan 143, Stadshagen, Stockholm, SWE, SE-105 45
Electrolux AB is a Sweden-based company that is principally engaged in manufacturing home appliances and appliances for professional use. Its products are categorized into kitchen products, laundry products, small appliances, professional kitchen products, professional laundry products, and adjacent products, with kitchen products accounting for more than half of total revenue. The company's brands include Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company has a business presence, including North America, Europe, Latin America, Africa, the Middle East, and Asia, with North America and Europe jointly contributing over half of the total revenue.

Electrolux AB (Electrolux AB) Headlines