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Rolling Optics Holding AB (LTS:0RVF) Days Inventory : 61.54 (As of Mar. 2024)


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What is Rolling Optics Holding AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rolling Optics Holding AB's Average Total Inventories for the three months ended in Mar. 2024 was kr2.03 Mil. Rolling Optics Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr3.01 Mil. Hence, Rolling Optics Holding AB's Days Inventory for the three months ended in Mar. 2024 was 61.54.

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

LTS:0RVF' s Days Inventory Range Over the Past 10 Years
Min: 97.8   Med: 125   Max: 362.1
Current: 108.05

During the past 13 years, Rolling Optics Holding AB's highest Days Inventory was 362.10. The lowest was 97.80. And the median was 125.00.

LTS:0RVF's Days Inventory is ranked worse than
52.97% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs LTS:0RVF: 108.05

Rolling Optics Holding AB's Days Inventory declined from Mar. 2023 (233.98) to Mar. 2024 (61.54).

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. Rolling Optics Holding AB's Inventory Turnover for the three months ended in Mar. 2024 was 1.48.

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. Rolling Optics Holding AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.23.


Rolling Optics Holding AB Days Inventory Historical Data

The historical data trend for Rolling Optics Holding 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.

Rolling Optics Holding AB Days Inventory Chart

Rolling Optics Holding 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 149.91 97.80 99.34 108.70 118.62

Rolling Optics Holding 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 233.98 629.49 301.34 73.90 61.54

Competitive Comparison of Rolling Optics Holding AB's Days Inventory

For the Scientific & Technical Instruments subindustry, Rolling Optics Holding 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.


Rolling Optics Holding AB's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rolling Optics Holding AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rolling Optics Holding AB's Days Inventory falls into.



Rolling Optics Holding AB Days Inventory Calculation

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

Rolling Optics Holding 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
=( (1.269 + 2.74) / 2 ) / 6.168*365
=2.0045 / 6.168*365
=118.62

Rolling Optics Holding 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
=( (2.74 + 1.324) / 2 ) / 3.013*365 / 4
=2.032 / 3.013*365 / 4
=61.54

* 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.


Rolling Optics Holding AB  (LTS:0RVF) 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.

Rolling Optics Holding 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.

Rolling Optics Holding 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.


Rolling Optics Holding AB Days Inventory Related Terms

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


Rolling Optics Holding AB (LTS:0RVF) Business Description

Traded in Other Exchanges
Address
Strandvag 3, Solna, Stockholm, SWE, 171 54
Rolling Optics Holding AB is engaged in the business of supplying micro optical security materials and anti-counterfeit solutions for brand protection. The company operates in two areas - Brand Security, which protects companies and brands from counterfeits and High Security, which includes bank notes, ID cards and passports.

Rolling Optics Holding AB (LTS:0RVF) Headlines

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