Days Inventory is also known as Days Sales of Inventory (DSI). Wetteri Oyj's Average Total Inventories for the
three
months ended in Sep. 2024 was €87.7 Mil. Wetteri Oyj's Cost of Goods Sold for the
three
months ended in Sep. 2024 was €95.7 Mil.
Hence, Wetteri Oyj's Days Inventory for the
three
months ended in Sep. 2024 was 83.68.
The historical rank and industry rank for Wetteri Oyj's Days Inventory or its related term are showing as below:
OHEL:WETTERI'
s Days Inventory Range Over the Past 10 Years
Min: 66.77 Med: 66.77 Max: 72.7
Current: 72.7
During the past 13 years, Wetteri Oyj's highest Days Inventory was 72.70. The lowest was 66.77. And the median was 66.77.
OHEL:WETTERI's Days Inventory is ranked better than 57.24% of 1270
companies
in the Vehicles & Parts industry
Industry Median: 80.8
vs OHEL:WETTERI: 72.70
Wetteri Oyj's Days Inventory
increased
from Sep. 2023 (78.63) to Sep. 2024 (83.68).
It might indicate that Wetteri 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.
Wetteri Oyj's Inventory Turnover for the
three
months ended in Sep. 2024 was 1.09.
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.
Wetteri Oyj's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.73.
Wetteri Oyj Days Inventory Historical Data
The historical data trend for Wetteri 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.
Competitive Comparison of Wetteri Oyj's Days Inventory
For the Auto & Truck Dealerships subindustry, Wetteri 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.
Wetteri Oyj's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Wetteri Oyj's Days Inventory distribution charts can be found below:
* The bar in red indicates where Wetteri Oyj's Days Inventory falls into.
Wetteri Oyj Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Wetteri Oyj's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Wetteri Oyj (OHEL:WETTERI) 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.
Wetteri Oyj's Inventory Turnover for the
three
months ended in Sep. 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.
Wetteri Oyj's Inventory to Revenue for the
three
months ended in Sep. 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.
Wetteri Oyj Days Inventory Related Terms
Thank you for viewing the detailed overview of Wetteri Oyj's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Wetteri Oyj is an entrepreneur-led growth company in the automotive industry. In addition to the retail trade of passenger, utility and heavy-duty vehicles, the company produces maintenance and damage repair services from passenger cars to heavy equipment. The company has three operating segments: Passenger Cars; Heavy equipment and Maintenance Service. It derives majority revenue from Passenger Cars segments. Geographically, the company operates in Finland, Sweden, Rest of Europe and Rest of the world, out of which Finland derives key revenue.
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