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Partnera Oyj (OHEL:PARTNE1) Days Inventory : 244.26 (As of Jun. 2024)


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What is Partnera Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Partnera Oyj's Average Total Inventories for the six months ended in Jun. 2024 was €8.39 Mil. Partnera Oyj's Cost of Goods Sold for the six months ended in Jun. 2024 was €6.27 Mil. Hence, Partnera Oyj's Days Inventory for the six months ended in Jun. 2024 was 244.26.

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

OHEL:PARTNE1' s Days Inventory Range Over the Past 10 Years
Min: 65   Med: 203.68   Max: 898.9
Current: 128.69

During the past 7 years, Partnera Oyj's highest Days Inventory was 898.90. The lowest was 65.00. And the median was 203.68.

OHEL:PARTNE1's Days Inventory is ranked worse than
87.38% of 214 companies
in the Waste Management industry
Industry Median: 20.09 vs OHEL:PARTNE1: 128.69

Partnera Oyj's Days Inventory increased from Jun. 2023 (205.56) to Jun. 2024 (244.26). It might indicate that Partnera Oyj's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Partnera Oyj's Inventory Turnover for the six months ended in Jun. 2024 was 0.75.

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. Partnera Oyj's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.43.


Partnera Oyj Days Inventory Historical Data

The historical data trend for Partnera 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.

* Premium members only.

Partnera Oyj Days Inventory Chart

Partnera Oyj Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 898.90 452.71 65.00 100.82 162.61

Partnera Oyj Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 175.04 83.31 205.56 86.10 244.26

Competitive Comparison of Partnera Oyj's Days Inventory

For the Waste Management subindustry, Partnera 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.


Partnera Oyj's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Partnera Oyj's Days Inventory distribution charts can be found below:

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



Partnera Oyj Days Inventory Calculation

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

Partnera 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
=( (15.332 + 8.275) / 2 ) / 26.494*365
=11.8035 / 26.494*365
=162.61

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

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (8.275 + 8.514) / 2 ) / 6.272*365 / 2
=8.3945 / 6.272*365 / 2
=244.26

* 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.


Partnera Oyj  (OHEL:PARTNE1) 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.

Partnera Oyj's Inventory Turnover for the six months ended in Jun. 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.

Partnera Oyj's Inventory to Revenue for the six months ended in Jun. 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.


Partnera Oyj Days Inventory Related Terms

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


Partnera Oyj Business Description

Traded in Other Exchanges
N/A
Address
Kauppurienkatu 12, Oulu, FIN, 90100
Partnera Oyj is a Finland-based holding company. The company operates through its subsidiaries which are engaged in glass recycling and foam glass manufacturing. Additionally, the firm also finances various projects and invests in growth-oriented companies.

Partnera Oyj Headlines

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