Days Inventory is also known as Days Sales of Inventory (DSI). Scana ASA's Average Total Inventories for the
three
months ended in Mar. 2024 was kr74 Mil. Scana ASA's Cost of Goods Sold for the
three
months ended in Mar. 2024 was kr267 Mil.
Hence, Scana ASA's Days Inventory for the
three
months ended in Mar. 2024 was 25.17.
The historical rank and industry rank for Scana ASA's Days Inventory or its related term are showing as below:
CHIX:SCANAo'
s Days Inventory Range Over the Past 10 Years
Min: 25.93 Med: 99.11 Max: 481.7
Current: 27.65
During the past 13 years, Scana ASA's highest Days Inventory was 481.70. The lowest was 25.93. And the median was 99.11.
CHIX:SCANAo's Days Inventory is ranked better than 84.51% of 142
companies
in the Industrial Distribution industry
Industry Median: 87.3
vs CHIX:SCANAo: 27.65
Scana ASA's Days Inventory
declined
from Mar. 2023 (26.04) to Mar. 2024 (25.17).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Scana ASA's Inventory Turnover for the
three
months ended in Mar. 2024 was 3.63.
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.
Scana ASA's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.14.
Scana ASA Days Inventory Historical Data
The historical data trend for Scana ASA'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.
Competitive Comparison of Scana ASA's Days Inventory
For the Industrial Distribution subindustry, Scana ASA'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.
Scana ASA's Days Inventory Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Scana ASA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Scana ASA's Days Inventory falls into.
Scana ASA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Scana ASA's Days Inventory for the fiscal year that 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.
Scana ASA (CHIX:SCANAo) 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.
Scana ASA'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.
Scana ASA'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.
Scana ASA Days Inventory Related Terms
Thank you for viewing the detailed overview of Scana ASA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Scana ASA is the parent company for a group of strong equipment and service suppliers to the marine industry. Scana owns several renowned portfolio companies such as Skarpenord, Seasystems, and Subseatec. Seasystems delivers system solutions in offloading, anchoring, turrets, and swivels to segments such as oil and gas, fish farming, and floating wind power. Skarpenord is a supplier of valve control systems whereas, Subseatec delivers steel products specially adapted to the customer's needs in oil and gas.
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