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Concejo AB (FRA:3W1) Days Inventory : 105.07 (As of Jun. 2024)


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What is Concejo AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Concejo AB's Average Total Inventories for the three months ended in Jun. 2024 was €8.20 Mil. Concejo AB's Cost of Goods Sold for the three months ended in Jun. 2024 was €7.12 Mil. Hence, Concejo AB's Days Inventory for the three months ended in Jun. 2024 was 105.07.

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

FRA:3W1' s Days Inventory Range Over the Past 10 Years
Min: 37.65   Med: 96.86   Max: 335.48
Current: 97.56

During the past 13 years, Concejo AB's highest Days Inventory was 335.48. The lowest was 37.65. And the median was 96.86.

FRA:3W1's Days Inventory is ranked worse than
69.55% of 1432 companies
in the Construction industry
Industry Median: 46.52 vs FRA:3W1: 97.56

Concejo AB's Days Inventory increased from Jun. 2023 (103.82) to Jun. 2024 (105.07). It might indicate that Concejo AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Concejo AB's Inventory Turnover for the three months ended in Jun. 2024 was 0.87.

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. Concejo AB's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.72.


Concejo AB Days Inventory Historical Data

The historical data trend for Concejo 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.

Concejo AB Days Inventory Chart

Concejo 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 209.78 37.19 51.93 109.31 100.70

Concejo AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 103.82 99.84 82.99 101.70 105.07

Competitive Comparison of Concejo AB's Days Inventory

For the Building Products & Equipment subindustry, Concejo 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.


Concejo AB's Days Inventory Distribution in the Construction Industry

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

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



Concejo AB Days Inventory Calculation

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

Concejo 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
=( (7.695 + 7.661) / 2 ) / 27.829*365
=7.678 / 27.829*365
=100.70

Concejo AB's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (8.315 + 8.088) / 2 ) / 7.123*365 / 4
=8.2015 / 7.123*365 / 4
=105.07

* 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.


Concejo AB  (FRA:3W1) 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.

Concejo AB's Inventory Turnover for the three months ended in Jun. 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.

Concejo AB's Inventory to Revenue for the three months ended in Jun. 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.


Concejo AB Days Inventory Related Terms

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


Concejo AB Business Description

Traded in Other Exchanges
Address
Vastra Finnbodavagen 2-4, P.O. Box 5028, Nacka, SWE, 131 05
Concejo AB is a mixed investment company with operations conducted in three business areas. Concejo Industrier, SBF Fonder, and Concejo Ventures. The company's segments include Concejo Industrier - Industrial operations, SBF Funder - Fund operations, and Ventures Council - The investment business. It derives revenue from Concejo Industrier which further includes Firenor Internationa, Optronics Technology, ACAF Systems, and SAL Navigation; which offer security systems for firefighting, provides optical gas detectors for various industrial applications.

Concejo AB Headlines

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