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Sun4Energy Group AB (FRA:N96) Days Inventory : 49.10 (As of Jun. 2024)


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What is Sun4Energy Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sun4Energy Group AB's Average Total Inventories for the three months ended in Jun. 2024 was €3.57 Mil. Sun4Energy Group AB's Cost of Goods Sold for the three months ended in Jun. 2024 was €6.63 Mil. Hence, Sun4Energy Group AB's Days Inventory for the three months ended in Jun. 2024 was 49.10.

The historical rank and industry rank for Sun4Energy Group AB's Days Inventory or its related term are showing as below:

FRA:N96' s Days Inventory Range Over the Past 10 Years
Min: 14.32   Med: 24.65   Max: 88.31
Current: 88.31

During the past 4 years, Sun4Energy Group AB's highest Days Inventory was 88.31. The lowest was 14.32. And the median was 24.65.

FRA:N96's Days Inventory is ranked better than
66.84% of 950 companies
in the Semiconductors industry
Industry Median: 124.975 vs FRA:N96: 88.31

Sun4Energy Group AB's Days Inventory declined from Jun. 2023 (114.83) to Jun. 2024 (49.10).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun4Energy Group AB's Inventory Turnover for the three months ended in Jun. 2024 was 1.86.

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. Sun4Energy Group AB's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.30.


Sun4Energy Group AB Days Inventory Historical Data

The historical data trend for Sun4Energy 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.

Sun4Energy Group AB Days Inventory Chart

Sun4Energy Group AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
14.29 25.07 25.57 68.62

Sun4Energy Group AB Quarterly Data
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 114.83 59.11 - 75.69 49.10

Competitive Comparison of Sun4Energy Group AB's Days Inventory

For the Solar subindustry, Sun4Energy 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.


Sun4Energy Group AB's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sun4Energy Group AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sun4Energy Group AB's Days Inventory falls into.



Sun4Energy Group AB Days Inventory Calculation

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

Sun4Energy Group 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
=( (0.073 + 3.38) / 2 ) / 9.184*365
=1.7265 / 9.184*365
=68.62

Sun4Energy Group 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
=( (3.659 + 3.479) / 2 ) / 6.633*365 / 4
=3.569 / 6.633*365 / 4
=49.10

* 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.


Sun4Energy Group AB  (FRA:N96) 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.

Sun4Energy Group 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.

Sun4Energy Group 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.


Sun4Energy Group AB Days Inventory Related Terms

Thank you for viewing the detailed overview of Sun4Energy Group AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Sun4Energy Group AB Business Description

Traded in Other Exchanges
Address
Skjutbanevagen 11, Orebro, SWE, 703 69
Sun4Energy Group AB is engaged in designing, installing, and commissioning solar cell systems and electric car chargers, both AC and DC chargers for private individuals, companies, and municipalities. The company's goal is to contribute solutions that accelerate the transition to efficient and fossil-free energy solutions.

Sun4Energy Group AB Headlines

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