Rentunder Holding AB (NGM:RENT) Days Inventory: 1,148.83 (As of Dec. 2024)


What is Rentunder Holding AB Days Inventory?

Rentunder Holding AB NGM:RENT -1.92% Days Inventory is 1,148.83 as of Dec. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Rentunder Holding AB's Average Total Inventories for the six months ended in Dec. 2024 was kr1.50 Mil. Rentunder Holding AB's Cost of Goods Sold for the six months ended in Dec. 2024 was kr0.24 Mil. Hence, Rentunder Holding AB's Days Inventory for the six months ended in Dec. 2024 was 1,148.83.

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

NGM:RENT's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47
* Ranked among companies with meaningful Days Inventory only.

Rentunder Holding AB's Days Inventory increased from Dec. 2023 (98.54) to Dec. 2024 (1,148.83). It might indicate that Rentunder Holding AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rentunder Holding AB's Inventory Turnover for the six months ended in Dec. 2024 was 0.16.

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. Rentunder Holding AB's Inventory-to-Revenue for the six months ended in Dec. 2024 was 1.19.


Rentunder Holding AB  (NGM:RENT) 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.

Rentunder Holding AB's Inventory Turnover for the six months ended in Dec. 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.

Rentunder Holding AB's Inventory to Revenue for the six months ended in Dec. 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.


Rentunder Holding AB Days Inventory Related Terms


Rentunder Holding AB Days Inventory Historical Data

* Premium members only.

The historical data trend for Rentunder Holding 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.

Rentunder Holding AB Days Inventory Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 99.76 75.42 148.12 106.22 270.99

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 204.83 98.67 98.54 111.21 1,148.83

NGM:RENT vs VLTO, ZWS, FSS: Days Inventory Comparison

For the Pollution & Treatment Controls subindustry, Rentunder Holding 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.


Rentunder Holding AB Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's Days Inventory distribution charts can be found below:

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



Rentunder Holding AB Days Inventory Calculation

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

Rentunder Holding AB's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (1.034 + 1.915) / 2 ) / 1.986*365
=1.4745 / 1.986*365
=270.99

Rentunder Holding AB's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1.094 + 1.915) / 2 ) / 0.239*365 / 2
=1.5045 / 0.239*365 / 2
=1,148.83

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 1,148.83 mean?
Rentunder Holding AB (NGM:RENT) has a Days Inventory of 1,148.83 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rentunder Holding AB and its competitors.
Is Rentunder Holding AB's Days Inventory too high?
Rentunder Holding AB's current Days Inventory is 1,148.83. The Industrial Products industry median Days Inventory is 119.47. Rentunder Holding AB's value of 1,148.83 is 861.6% above this industry median.
How does Rentunder Holding AB's Days Inventory compare to VLTO and ZWS?
Rentunder Holding AB's Days Inventory of 1,148.83 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. Rentunder Holding AB's value of 1,148.83 is 861.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,967 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Rentunder Holding AB's current Days Inventory of 1,148.83 is 861.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rentunder Holding AB and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rentunder Holding AB's current Days Inventory is 1,148.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current Days Inventory of 1,148.83. The current Days Inventory is 1,148.83 and 861.6% above the Industrial Products industry median of 119.47. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Rentunder Holding AB (NGM:RENT), the current Days Inventory is 1,148.83 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.