Latvian Forest Co AB (NGM:LATF B) Days Inventory : 0.00 (As of Sep. 2024)

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What is Latvian Forest Co AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Latvian Forest Co AB's Average Total Inventories for the three months ended in Sep. 2024 was kr0.00 Mil. Latvian Forest Co AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr4.20 Mil. Hence, Latvian Forest Co AB's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

NGM:LATF B's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 698.095
* Ranked among companies with meaningful Days Inventory only.

Latvian Forest Co AB's Days Inventory stayed the same from Jun. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Latvian Forest Co AB's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

Latvian Forest Co AB Days Inventory Historical Data

The historical data trend for Latvian Forest Co 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.

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Latvian Forest Co AB Days Inventory Chart

Latvian Forest Co AB Annual Data

Trend

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Days Inventory

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Latvian Forest Co AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Latvian Forest Co AB's Days Inventory

For the Real Estate Services subindustry, Latvian Forest Co 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.

Latvian Forest Co AB's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Latvian Forest Co AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Latvian Forest Co AB's Days Inventory falls into.

Latvian Forest Co AB Days Inventory Calculation

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

Latvian Forest Co 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
=	( (0	+	0)	/	1 )	/	9.72	*	365
=	0					/	9.72	*	365
=	0.00

Latvian Forest Co AB's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	4.201	*	365 / 4
=	0					/	4.201	*	365 / 4
=	0.00

Latvian Forest Co AB (NGM:LATF 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.

Latvian Forest Co AB's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.201	/	0
	=

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.

Latvian Forest Co AB's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	6.165
	=	0.00

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.

Latvian Forest Co AB Days Inventory Related Terms

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Latvian Forest Co AB Business Description

Industry

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Address

Ringvagen 22, Enebyberg, SWE, 128 46

Website

http://www.latvianforest.lv

Latvian Forest Co AB is a Swedish company, that purchases and manages forest property in Latvia. The company focuses on the northern/northeastern region of Latvia around the area Valmiera.

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