Arla Plast AB (OSTO:ARPL) Days Inventory : 90.63 (As of Mar. 2024)

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What is Arla Plast AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arla Plast AB's Average Total Inventories for the three months ended in Mar. 2024 was kr182 Mil. Arla Plast AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr184 Mil. Hence, Arla Plast AB's Days Inventory for the three months ended in Mar. 2024 was 90.63.

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

OSTO:ARPL' s Days Inventory Range Over the Past 10 Years
Min: 84.31 Med: 90.18 Max: 100.28
Current: 92.64

During the past 6 years, Arla Plast AB's highest Days Inventory was 100.28. The lowest was 84.31. And the median was 90.18.

OSTO:ARPL's Days Inventory is ranked worse than
56.03% of 1492 companies
in the Chemicals industry
Industry Median: 83.17 vs OSTO:ARPL: 92.64

Arla Plast AB's Days Inventory declined from Mar. 2023 (95.68) to Mar. 2024 (90.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arla Plast AB's Inventory Turnover for the three months ended in Mar. 2024 was 1.01.

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. Arla Plast AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.74.

Arla Plast AB Days Inventory Historical Data

The historical data trend for Arla Plast 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.

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Arla Plast AB Days Inventory Chart

Arla Plast AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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100.28

90.03

84.31

90.32

89.28

Arla Plast AB Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial														95.68	89.75	94.60	95.49	90.63

Competitive Comparison of Arla Plast AB's Days Inventory

For the Specialty Chemicals subindustry, Arla Plast 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.

Arla Plast AB's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arla Plast AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arla Plast AB's Days Inventory falls into.

Arla Plast AB Days Inventory Calculation

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

Arla Plast AB'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
=	( (216.1	+	173.2)	/	2 )	/	795.8	*	365
=	194.65					/	795.8	*	365
=	89.28

Arla Plast AB'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
=	( (173.2	+	191.7)	/	2 )	/	183.7	*	365 / 4
=	182.45					/	183.7	*	365 / 4
=	90.63

Arla Plast AB (OSTO:ARPL) 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.

Arla Plast AB's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	183.7	/	182.45
	=	1.01

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.

Arla Plast AB's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	182.45	/	247.8
	=	0.74

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.

Arla Plast AB Days Inventory Related Terms

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

Arla Plast AB (OSTO:ARPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arla Plast AB (OSTO:ARPL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

7JB:Germany

Address

Box 33, Borensberg, SWE, SE-591 06

Website

https://www.arlaplast.com

Arla Plast AB is a extruders of plastic sheets in Europe. It offers plastic solid sheets and multiwall sheets in Polycarbonate, Polyethylene terephthalate glycol, ABS and other materials.

Arla Plast AB (OSTO:ARPL) Headlines

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