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Clas Ohlson AB (LTS:0GQE) Days Inventory : 106.72 (As of Jan. 2024)


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What is Clas Ohlson AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clas Ohlson AB's Average Total Inventories for the three months ended in Jan. 2024 was kr2,459 Mil. Clas Ohlson AB's Cost of Goods Sold for the three months ended in Jan. 2024 was kr2,102 Mil. Hence, Clas Ohlson AB's Days Inventory for the three months ended in Jan. 2024 was 106.72.

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

LTS:0GQE' s Days Inventory Range Over the Past 10 Years
Min: 123.94   Med: 134.35   Max: 142.02
Current: 139.41

During the past 13 years, Clas Ohlson AB's highest Days Inventory was 142.02. The lowest was 123.94. And the median was 134.35.

LTS:0GQE's Days Inventory is ranked worse than
60.97% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.11 vs LTS:0GQE: 139.41

Clas Ohlson AB's Days Inventory declined from Jan. 2023 (123.36) to Jan. 2024 (106.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Clas Ohlson AB's Inventory Turnover for the three months ended in Jan. 2024 was 0.86.

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. Clas Ohlson AB's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.72.


Clas Ohlson AB Days Inventory Historical Data

The historical data trend for Clas Ohlson 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.

Clas Ohlson AB Days Inventory Chart

Clas Ohlson AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.20 131.59 134.89 142.02 141.57

Clas Ohlson AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 123.36 180.47 147.96 152.72 106.72

Competitive Comparison of Clas Ohlson AB's Days Inventory

For the Specialty Retail subindustry, Clas Ohlson 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.


Clas Ohlson AB's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Days Inventory distribution charts can be found below:

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



Clas Ohlson AB Days Inventory Calculation

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

Clas Ohlson AB's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (2198.6 + 2177.1) / 2 ) / 5640.7*365
=2187.85 / 5640.7*365
=141.57

Clas Ohlson AB's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (2614.1 + 2303.1) / 2 ) / 2102.3*365 / 4
=2458.6 / 2102.3*365 / 4
=106.72

* 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.


Clas Ohlson AB  (LTS:0GQE) 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.

Clas Ohlson AB's Inventory Turnover for the three months ended in Jan. 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.

Clas Ohlson AB's Inventory to Revenue for the three months ended in Jan. 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.


Clas Ohlson AB Days Inventory Related Terms

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


Clas Ohlson AB (LTS:0GQE) Business Description

Traded in Other Exchanges
Address
Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main markets by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.

Clas Ohlson AB (LTS:0GQE) Headlines

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