Northern Data AG (MIL:1NB) Days Inventory : 195.48 (As of Dec. 2023)

Northern Data AG Days Inventory Chart

Northern Data AG Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Inventory		Get a 7-Day Free Trial					2.47	150.02	34.31	16.82	195.48

Northern Data AG Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Inventory	Get a 7-Day Free Trial					2.47	150.02	34.31	16.82	195.48

Competitive Comparison of Northern Data AG's Days Inventory

For the Information Technology Services subindustry, Northern Data AG'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.

Northern Data AG's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Northern Data AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Northern Data AG's Days Inventory falls into.

Northern Data AG Days Inventory Calculation

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

Northern Data AG's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Northern Data AG's Days Inventory for the quarter that ended in Dec. 2023 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.

Northern Data AG  (MIL:1NB) 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.

Northern Data AG's Inventory Turnover for the six months ended in Dec. 2023 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.

Northern Data AG's Inventory to Revenue for the six months ended in Dec. 2023 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.

Northern Data AG Days Inventory Related Terms

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Northern Data AG Business Description