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Husqvarna AB (Husqvarna AB) Days Inventory : 161.56 (As of Mar. 2024)


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What is Husqvarna AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Husqvarna AB's Average Total Inventories for the three months ended in Mar. 2024 was $1,659 Mil. Husqvarna AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $937 Mil. Hence, Husqvarna AB's Days Inventory for the three months ended in Mar. 2024 was 161.56.

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

HUSQF' s Days Inventory Range Over the Past 10 Years
Min: 109.4   Med: 126.68   Max: 181.39
Current: 181.39

During the past 13 years, Husqvarna AB's highest Days Inventory was 181.39. The lowest was 109.40. And the median was 126.68.

HUSQF's Days Inventory is ranked worse than
71.6% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs HUSQF: 181.39

Husqvarna AB's Days Inventory increased from Mar. 2023 (151.81) to Mar. 2024 (161.56). It might indicate that Husqvarna AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Husqvarna AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.56.

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. Husqvarna AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.17.


Husqvarna AB Days Inventory Historical Data

The historical data trend for Husqvarna 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.

Husqvarna AB Days Inventory Chart

Husqvarna 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 137.53 120.32 142.38 163.66 178.37

Husqvarna AB Quarterly Data
Jun19 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 151.81 148.27 219.49 220.24 161.56

Competitive Comparison of Husqvarna AB's Days Inventory

For the Tools & Accessories subindustry, Husqvarna 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.


Husqvarna AB's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Husqvarna AB's Days Inventory distribution charts can be found below:

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



Husqvarna AB Days Inventory Calculation

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

Husqvarna 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
=( (1862.979 + 1675.246) / 2 ) / 3620.243*365
=1769.1125 / 3620.243*365
=178.37

Husqvarna 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
=( (1675.246 + 1641.87) / 2 ) / 936.77*365 / 4
=1658.558 / 936.77*365 / 4
=161.56

* 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.


Husqvarna AB  (OTCPK:HUSQF) 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.

Husqvarna 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.

Husqvarna 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.


Husqvarna AB Days Inventory Related Terms

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


Husqvarna AB (Husqvarna AB) Business Description

Address
Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53
Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.

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