NCC AB (NCC AB) Days Inventory : 94.85 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is NCC AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NCC AB's Average Total Inventories for the three months ended in Mar. 2024 was $1,085 Mil. NCC AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,044 Mil. Hence, NCC AB's Days Inventory for the three months ended in Mar. 2024 was 94.85.

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

NCCBF' s Days Inventory Range Over the Past 10 Years
Min: 31.42 Med: 58.63 Max: 136.7
Current: 75.68

During the past 13 years, NCC AB's highest Days Inventory was 136.70. The lowest was 31.42. And the median was 58.63.

NCCBF's Days Inventory is ranked worse than
61.59% of 1393 companies
in the Construction industry
Industry Median: 48.55 vs NCCBF: 75.68

NCC AB's Days Inventory increased from Mar. 2023 (75.91) to Mar. 2024 (94.85). It might indicate that NCC AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NCC AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.96.

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. NCC AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.98.

NCC AB Days Inventory Historical Data

The historical data trend for NCC 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.

NCC AB Days Inventory Chart

NCC AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

39.58

48.60

58.38

65.14

71.56

NCC 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															75.91	68.85	76.97	67.51	94.85

Competitive Comparison of NCC AB's Days Inventory

For the Engineering & Construction subindustry, NCC 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.

NCC AB's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, NCC AB's Days Inventory distribution charts can be found below:

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

NCC AB Days Inventory Calculation

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

NCC 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
=	( (908.557	+	1088.559)	/	2 )	/	5093.297	*	365
=	998.558					/	5093.297	*	365
=	71.56

NCC 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
=	( (1088.559	+	1081.229)	/	2 )	/	1043.77	*	365 / 4
=	1084.894					/	1043.77	*	365 / 4
=	94.85

NCC AB (OTCPK:NCCBF) 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.

NCC AB's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1043.77	/	1084.894
	=	0.96

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.

NCC AB's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1084.894	/	1110.428
	=	0.98

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.

NCC AB Days Inventory Related Terms

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

NCC AB (NCC AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NCC AB (OTCPK:NCCBF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NCC B:Sweden NCC A:Sweden NCCBs:UK 0OFP:UK NCGB:Germany

Address

Herrjarva Torg 4, Solna, SWE, SE-170 80

Website

https://www.ncc.com

NCC AB is a leading construction and property development company in the Nordic region. Its business operations are divided into five operating segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordics, NCC Industry, and NCC Property Development in descending order of total net sales. The company's major projects include entire infrastructure build-outs such as tunnels, roads and railways, housing, office buildings, school and hospital construction, production of asphalt and stone materials, and commercial property development.