AIK Fotboll AB (NGM:AIK B) Days Inventory : 35.24 (As of Sep. 2023)

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What is AIK Fotboll AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AIK Fotboll AB's Average Total Inventories for the three months ended in Sep. 2023 was kr8.5 Mil. AIK Fotboll AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr21.9 Mil. Hence, AIK Fotboll AB's Days Inventory for the three months ended in Sep. 2023 was 35.24.

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

NGM:AIK B' s Days Inventory Range Over the Past 10 Years
Min: 21.83 Med: 38.19 Max: 64.65
Current: 30.25

During the past 13 years, AIK Fotboll AB's highest Days Inventory was 64.65. The lowest was 21.83. And the median was 38.19.

NGM:AIK B's Days Inventory is ranked worse than
52.66% of 657 companies
in the Media - Diversified industry
Industry Median: 25.37 vs NGM:AIK B: 30.25

AIK Fotboll AB's Days Inventory increased from Sep. 2022 (12.45) to Sep. 2023 (35.24). It might indicate that AIK Fotboll AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AIK Fotboll AB's Inventory Turnover for the three months ended in Sep. 2023 was 2.59.

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. AIK Fotboll AB's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.12.

AIK Fotboll AB Days Inventory Historical Data

The historical data trend for AIK Fotboll 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.

AIK Fotboll AB Days Inventory Chart

AIK Fotboll AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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29.30

37.53

64.65

33.52

21.83

AIK Fotboll AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															12.45	17.71	53.76	30.62	35.24

Competitive Comparison of AIK Fotboll AB's Days Inventory

For the Entertainment subindustry, AIK Fotboll 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.

AIK Fotboll AB's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AIK Fotboll AB's Days Inventory distribution charts can be found below:

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

AIK Fotboll AB Days Inventory Calculation

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

AIK Fotboll AB's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (3.205	+	5.112)	/	2 )	/	69.533	*	365
=	4.1585					/	69.533	*	365
=	21.83

AIK Fotboll AB's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (9.313	+	7.632)	/	2 )	/	21.938	*	365 / 4
=	8.4725					/	21.938	*	365 / 4
=	35.24

AIK Fotboll AB (NGM:AIK B) 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.

AIK Fotboll AB's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.938	/	8.4725
	=	2.59

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.

AIK Fotboll AB's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.4725	/	69.992
	=	0.12

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.

AIK Fotboll AB Days Inventory Related Terms

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

AIK Fotboll AB (NGM:AIK B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AIK Fotboll AB (NGM:AIK B) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Evenemangsgatan 31, Solna, SWE, 169 79

Website

http://www.aikfotboll.se

AIK Fotboll AB operates a football club. The company conducts AIK Football Association's elite football activities through a men's team, a women's team and a junior team for men.

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