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InfraCom Group AB (FRA:8HG) Days Inventory : 13.67 (As of Mar. 2024)


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What is InfraCom Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). InfraCom Group AB's Average Total Inventories for the three months ended in Mar. 2024 was €2.07 Mil. InfraCom Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.81 Mil. Hence, InfraCom Group AB's Days Inventory for the three months ended in Mar. 2024 was 13.67.

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

FRA:8HG' s Days Inventory Range Over the Past 10 Years
Min: 0.91   Med: 4.63   Max: 87.59
Current: 10.82

During the past 10 years, InfraCom Group AB's highest Days Inventory was 87.59. The lowest was 0.91. And the median was 4.63.

FRA:8HG's Days Inventory is ranked better than
59.04% of 1560 companies
in the Software industry
Industry Median: 18.89 vs FRA:8HG: 10.82

InfraCom Group AB's Days Inventory increased from Mar. 2023 (8.38) to Mar. 2024 (13.67). It might indicate that InfraCom Group AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. InfraCom Group AB's Inventory Turnover for the three months ended in Mar. 2024 was 6.68.

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. InfraCom Group AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


InfraCom Group AB Days Inventory Historical Data

The historical data trend for InfraCom Group 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.

InfraCom Group AB Days Inventory Chart

InfraCom Group AB Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 - 1.04 0.91 4.70

InfraCom Group AB Quarterly Data
Mar19 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 8.38 8.32 12.81 10.41 13.67

Competitive Comparison of InfraCom Group AB's Days Inventory

For the Software - Infrastructure subindustry, InfraCom Group 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.


InfraCom Group AB's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, InfraCom Group AB's Days Inventory distribution charts can be found below:

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



InfraCom Group AB Days Inventory Calculation

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

InfraCom Group AB's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.044 + 0.536) / 2 ) / 22.538*365
=0.29 / 22.538*365
=4.70

InfraCom Group 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
=( (1.984 + 2.154) / 2 ) / 13.814*365 / 4
=2.069 / 13.814*365 / 4
=13.67

* 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.


InfraCom Group AB  (FRA:8HG) 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.

InfraCom Group 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.

InfraCom Group 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.


InfraCom Group AB Days Inventory Related Terms

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


InfraCom Group AB (FRA:8HG) Business Description

Traded in Other Exchanges
Address
Gamlestadsvagen 1, Gothenburg, SWE, 415 02
InfraCom Group AB owns, operates and develops cloud-based IT (information technology) services. Its business activities are divided into four divisions including cloud-based telephony, cloud-based IT operations, hosting and data communications and internet access. The Cloud-based Telephony business area offers a broad spectrum of Cloud-based telephony services through the proprietary Weblink Unified 2.0 platform. Cloud-based IT operations connect IT infrastructure as a service and offer customers login and control through a web portal. Hosting offers InfraCom infrastructure for server and data management. Data communication and Internet access offer connections to the Internet between geographical locations and premises.

InfraCom Group AB (FRA:8HG) Headlines

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