Holding Nov Vek AD (XBUL:HNVK) Days Inventory : 116.07 (As of Dec. 2024)

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What is Holding Nov Vek AD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Holding Nov Vek AD's Average Total Inventories for the three months ended in Dec. 2024 was лв11.17 Mil. Holding Nov Vek AD's Cost of Goods Sold for the three months ended in Dec. 2024 was лв8.78 Mil. Hence, Holding Nov Vek AD's Days Inventory for the three months ended in Dec. 2024 was 116.07.

The historical rank and industry rank for Holding Nov Vek AD's Days Inventory or its related term are showing as below:

XBUL:HNVK' s Days Inventory Range Over the Past 10 Years
Min: 39.73 Med: 114.27 Max: 189.32
Current: 189.32

During the past 13 years, Holding Nov Vek AD's highest Days Inventory was 189.32. The lowest was 39.73. And the median was 114.27.

XBUL:HNVK's Days Inventory is ranked worse than
69.87% of 156 companies
in the Asset Management industry
Industry Median: 82.3 vs XBUL:HNVK: 189.32

Holding Nov Vek AD's Days Inventory increased from Dec. 2023 (111.34) to Dec. 2024 (116.07). It might indicate that Holding Nov Vek AD's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Holding Nov Vek AD's Inventory Turnover for the three months ended in Dec. 2024 was 0.79.

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. Holding Nov Vek AD's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.69.

Holding Nov Vek AD Days Inventory Historical Data

The historical data trend for Holding Nov Vek AD'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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Holding Nov Vek AD Days Inventory Chart

Holding Nov Vek AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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114.27

138.81

138.99

146.47

165.80

Holding Nov Vek AD Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															111.34	294.13	272.32	194.38	116.07

Competitive Comparison of Holding Nov Vek AD's Days Inventory

For the Asset Management subindustry, Holding Nov Vek AD'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.

Holding Nov Vek AD's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Holding Nov Vek AD's Days Inventory distribution charts can be found below:

* The bar in red indicates where Holding Nov Vek AD's Days Inventory falls into.

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Holding Nov Vek AD Days Inventory Calculation

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

Holding Nov Vek AD's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (11.042	+	9.762)	/	2 )	/	22.899	*	365
=	10.402					/	22.899	*	365
=	165.80

Holding Nov Vek AD's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (12.584	+	9.762)	/	2 )	/	8.784	*	365 / 4
=	11.173					/	8.784	*	365 / 4
=	116.07

Holding Nov Vek AD (XBUL:HNVK) 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.

Holding Nov Vek AD's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.784	/	11.173
	=	0.79

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.

Holding Nov Vek AD's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.173	/	6.623
	=	1.69

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.

Holding Nov Vek AD Days Inventory Related Terms

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

Holding Nov Vek AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Holding Nov Vek AD (XBUL:HNVK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gr. 13 Ship Mountain Street, Sofia, BGR

Website

http://www.holdingnovvek.com

Holding Nov Vek AD is engaged in the acquisition, appraisal and managing of shares, bonds, as well as the cession of licenses for patents. Its activities are: securities acquiring, management and sale, evaluation and sale of patent rights.

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