Seamless Distribution Systems AB (NGM:SDS) Days Inventory : 7.85 (As of Sep. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Seamless Distribution Systems AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seamless Distribution Systems AB's Average Total Inventories for the three months ended in Sep. 2023 was kr1.7 Mil. Seamless Distribution Systems AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr19.8 Mil. Hence, Seamless Distribution Systems AB's Days Inventory for the three months ended in Sep. 2023 was 7.85.

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

NGM:SDS' s Days Inventory Range Over the Past 10 Years
Min: 6.25 Med: 7.11 Max: 26.22
Current: 8.24

During the past 8 years, Seamless Distribution Systems AB's highest Days Inventory was 26.22. The lowest was 6.25. And the median was 7.11.

NGM:SDS's Days Inventory is ranked better than
64.08% of 1562 companies
in the Software industry
Industry Median: 18.635 vs NGM:SDS: 8.24

Seamless Distribution Systems AB's Days Inventory increased from Sep. 2022 (6.59) to Sep. 2023 (7.85). It might indicate that Seamless Distribution Systems AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seamless Distribution Systems AB's Inventory Turnover for the three months ended in Sep. 2023 was 11.63.

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. Seamless Distribution Systems AB's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.03.

Seamless Distribution Systems AB Days Inventory Historical Data

The historical data trend for Seamless Distribution Systems 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.

Seamless Distribution Systems AB Days Inventory Chart

Seamless Distribution Systems AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

26.22

7.35

6.60

6.25

6.86

Seamless Distribution Systems 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															6.59	8.59	8.42	7.73	7.85

Competitive Comparison of Seamless Distribution Systems AB's Days Inventory

For the Software - Application subindustry, Seamless Distribution Systems 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.

Seamless Distribution Systems AB's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Seamless Distribution Systems AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Seamless Distribution Systems AB's Days Inventory falls into.

Seamless Distribution Systems AB Days Inventory Calculation

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

Seamless Distribution Systems 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
=	( (1.692	+	1.951)	/	2 )	/	96.846	*	365
=	1.8215					/	96.846	*	365
=	6.86

Seamless Distribution Systems 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
=	( (1.718	+	1.693)	/	2 )	/	19.837	*	365 / 4
=	1.7055					/	19.837	*	365 / 4
=	7.85

Seamless Distribution Systems AB (NGM:SDS) 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.

Seamless Distribution Systems AB's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19.837	/	1.7055
	=	11.63

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.

Seamless Distribution Systems AB's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.7055	/	64.168
	=	0.03

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.

Seamless Distribution Systems AB Days Inventory Related Terms

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

Seamless Distribution Systems AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Seamless Distribution Systems AB (NGM:SDS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vasagatan 7, Stockholm, SWE, 111 20

Website

https://www.sds.seamless.se

Seamless Distribution Systems AB is a mobile payments company that provides electronic top-up systems and mobile payment services for mobile operators, distributors, retailers, and consumers.