Lumi Gruppen AS (FRA:8KS) Days Inventory : 0.00 (As of Dec. 2023)

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What is Lumi Gruppen AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lumi Gruppen AS's Average Total Inventories for the three months ended in Dec. 2023 was €0.00 Mil. Lumi Gruppen AS's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.00 Mil.

The historical rank and industry rank for Lumi Gruppen AS's Days Inventory or its related term are showing as below:

FRA:8KS's Days Inventory is not ranked ^*
in the Education industry.
Industry Median: 8.13
* Ranked among companies with meaningful Days Inventory only.

Lumi Gruppen AS's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Lumi Gruppen AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Lumi Gruppen AS Days Inventory Historical Data

The historical data trend for Lumi Gruppen AS'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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Lumi Gruppen AS Days Inventory Chart

Lumi Gruppen AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

Lumi Gruppen AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Lumi Gruppen AS's Days Inventory

For the Education & Training Services subindustry, Lumi Gruppen AS'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.

Lumi Gruppen AS's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Lumi Gruppen AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lumi Gruppen AS's Days Inventory falls into.

Lumi Gruppen AS Days Inventory Calculation

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

Lumi Gruppen AS'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
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Lumi Gruppen AS's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Lumi Gruppen AS (FRA:8KS) 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.

Lumi Gruppen AS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Lumi Gruppen AS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	9.219
	=	0.00

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.

Lumi Gruppen AS Days Inventory Related Terms

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

Lumi Gruppen AS (FRA:8KS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lumi Gruppen AS (FRA:8KS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

LUMI:Norway

Address

Sandakerveien 116, Oslo, NOR, 0484

Website

https://www.lumigruppen.no

Lumi Gruppen AS is a private educational institution. Its focuses on each student and have a broad range of education programs both on-campus and online, from high school to vocational and university college. The company's segment includes Sonans; Oslo Nye Hoyskole; Ntech and others. It generates maximum revenue from the Sonans segment.

Lumi Gruppen AS (FRA:8KS) Headlines

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