Lamor Oyj (OHEL:LAMOR) Days Inventory : 102.33 (As of Mar. 2024)

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What is Lamor Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lamor Oyj's Average Total Inventories for the three months ended in Mar. 2024 was €15.1 Mil. Lamor Oyj's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.5 Mil. Hence, Lamor Oyj's Days Inventory for the three months ended in Mar. 2024 was 102.33.

The historical rank and industry rank for Lamor Oyj's Days Inventory or its related term are showing as below:

OHEL:LAMOR' s Days Inventory Range Over the Past 10 Years
Min: 44.17 Med: 97.63 Max: 103.76
Current: 63.41

During the past 5 years, Lamor Oyj's highest Days Inventory was 103.76. The lowest was 44.17. And the median was 97.63.

OHEL:LAMOR's Days Inventory is ranked worse than
64.42% of 683 companies
in the Business Services industry
Industry Median: 28.18 vs OHEL:LAMOR: 63.41

Lamor Oyj's Days Inventory increased from Mar. 2023 (69.46) to Mar. 2024 (102.33). It might indicate that Lamor Oyj's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lamor Oyj's Inventory Turnover for the three months ended in Mar. 2024 was 0.89.

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. Lamor Oyj's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.63.

Lamor Oyj Days Inventory Historical Data

The historical data trend for Lamor Oyj'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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Lamor Oyj Days Inventory Chart

Lamor Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

103.76

101.19

97.63

44.17

64.23

Lamor Oyj Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial											69.46	41.25	52.76	66.12	102.33

Competitive Comparison of Lamor Oyj's Days Inventory

For the Specialty Business Services subindustry, Lamor Oyj'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.

Lamor Oyj's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Lamor Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lamor Oyj's Days Inventory falls into.

Lamor Oyj Days Inventory Calculation

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

Lamor Oyj'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
=	( (10.359	+	14.224)	/	2 )	/	69.844	*	365
=	12.2915					/	69.844	*	365
=	64.23

Lamor Oyj's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (14.224	+	15.942)	/	2 )	/	13.45	*	365 / 4
=	15.083					/	13.45	*	365 / 4
=	102.33

Lamor Oyj (OHEL:LAMOR) 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.

Lamor Oyj's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.45	/	15.083
	=	0.89

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.

Lamor Oyj's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.083	/	23.886
	=	0.63

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.

Lamor Oyj Days Inventory Related Terms

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Lamor Oyj (OHEL:LAMOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lamor Corp Oyj (OHEL:LAMOR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rihkamatori 2, Porvoo, FIN, 06100

Website

https://www.lamor.com

Lamor Corp Oyj is a Finland-based company that provides environmental solutions. It provides its customers with equipment used for oil recovery, waste management, and water treatment as well as versatile environmental solutions and services, such as clean-up and preparedness services related to oil spill response and oil spills, services for the treatment of waste, and tailored and adapted water treatment solutions. Its Geographic areas of business are Europa and Asia, the Americas, the Middle East, and Africa, and the majority of the revenue comes from the Americas.

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