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Lindab International AB (CHIX:LIABS) Days Inventory : 99.15 (As of Mar. 2024)


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What is Lindab International AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lindab International AB's Average Total Inventories for the three months ended in Mar. 2024 was kr2,473 Mil. Lindab International AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr2,276 Mil. Hence, Lindab International AB's Days Inventory for the three months ended in Mar. 2024 was 99.15.

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

CHIX:LIABs' s Days Inventory Range Over the Past 10 Years
Min: 68.98   Med: 73.84   Max: 99.2
Current: 98.71

During the past 13 years, Lindab International AB's highest Days Inventory was 99.20. The lowest was 68.98. And the median was 73.84.

CHIX:LIABs's Days Inventory is ranked worse than
69.54% of 1392 companies
in the Construction industry
Industry Median: 49.18 vs CHIX:LIABs: 98.71

Lindab International AB's Days Inventory declined from Mar. 2023 (102.90) to Mar. 2024 (99.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lindab International AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.92.

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. Lindab International AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.79.


Lindab International AB Days Inventory Historical Data

The historical data trend for Lindab International 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.

Lindab International AB Days Inventory Chart

Lindab International 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 71.94 90.55 95.74 99.20 97.95

Lindab International AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 102.90 97.56 102.64 95.03 99.15

Competitive Comparison of Lindab International AB's Days Inventory

For the Building Products & Equipment subindustry, Lindab International 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.


Lindab International AB's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lindab International AB's Days Inventory distribution charts can be found below:

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



Lindab International AB Days Inventory Calculation

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

Lindab International 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
=( (2752 + 2377) / 2 ) / 9556*365
=2564.5 / 9556*365
=97.95

Lindab International AB's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2377 + 2569) / 2 ) / 2276*365 / 4
=2473 / 2276*365 / 4
=99.15

* 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.


Lindab International AB  (CHIX:LIABs) 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.

Lindab International AB's Inventory Turnover for the three months ended in Mar. 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.

Lindab International AB's Inventory to Revenue for the three months ended in Mar. 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.


Lindab International AB Days Inventory Related Terms

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


Lindab International AB (CHIX:LIABS) Business Description

Traded in Other Exchanges
Address
Stalhogavagen 115, Bastad, SWE, SE-269 82
Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.

Lindab International AB (CHIX:LIABS) Headlines

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