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eBlitz Group AB (NGM:EBLITZ) Days Inventory : 100.35 (As of Oct. 2024)


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What is eBlitz Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). eBlitz Group AB's Average Total Inventories for the six months ended in Oct. 2024 was kr1.21 Mil. eBlitz Group AB's Cost of Goods Sold for the six months ended in Oct. 2024 was kr2.21 Mil. Hence, eBlitz Group AB's Days Inventory for the six months ended in Oct. 2024 was 100.35.

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

NGM:EBLITZ' s Days Inventory Range Over the Past 10 Years
Min: 108.57   Med: 579.53   Max: 1470.97
Current: 108.57

During the past 7 years, eBlitz Group AB's highest Days Inventory was 1470.97. The lowest was 108.57. And the median was 579.53.

NGM:EBLITZ's Days Inventory is ranked worse than
61.11% of 162 companies
in the Asset Management industry
Industry Median: 76.955 vs NGM:EBLITZ: 108.57

eBlitz Group AB's Days Inventory declined from Oct. 2023 (291.12) to Oct. 2024 (100.35).

Inventory Turnover measures how fast the company turns over its inventory within a year. eBlitz Group AB's Inventory Turnover for the six months ended in Oct. 2024 was 1.82.

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. eBlitz Group AB's Inventory-to-Revenue for the six months ended in Oct. 2024 was 0.72.


eBlitz Group AB Days Inventory Historical Data

The historical data trend for eBlitz Group 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.

eBlitz Group AB Days Inventory Chart

eBlitz Group AB Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Inventory
Get a 7-Day Free Trial 1,470.97 593.60 170.03 579.53 144.15

eBlitz Group AB Semi-Annual Data
Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 381.04 2,373.41 291.12 110.81 100.35

Competitive Comparison of eBlitz Group AB's Days Inventory

For the Asset Management subindustry, eBlitz Group 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.


eBlitz Group AB's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, eBlitz Group AB's Days Inventory distribution charts can be found below:

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



eBlitz Group AB Days Inventory Calculation

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

eBlitz Group AB's Days Inventory for the fiscal year that ended in Apr. 2024 is calculated as

Days Inventory (A: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (3.082 + 1.808) / 2 ) / 6.191*365
=2.445 / 6.191*365
=144.15

eBlitz Group AB's Days Inventory for the quarter that ended in Oct. 2024 is calculated as:

Days Inventory (Q: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (1.808 + 0.618) / 2 ) / 2.206*365 / 2
=1.213 / 2.206*365 / 2
=100.35

* 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.


eBlitz Group AB  (NGM:EBLITZ) 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.

eBlitz Group AB's Inventory Turnover for the six months ended in Oct. 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.

eBlitz Group AB's Inventory to Revenue for the six months ended in Oct. 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.


eBlitz Group AB Days Inventory Related Terms

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eBlitz Group AB Business Description

Traded in Other Exchanges
N/A
Address
Kungsgatan 8, Floor 2, KG10 Office Hotel, Stockholm, SWE, SE- 114 35
eBlitz Group AB is an investment and advisory company active in Digital Entertainment. Its business concept is to provide independent business advice and financing solutions to Swedish growth companies and to actively manage the company's equity in the interests of shareholders.

eBlitz Group AB Headlines

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