Byggfakta Group Nordic HoldCo AB (OSTO:BFG) Days Inventory : 0.30 (As of Mar. 2024)

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What is Byggfakta Group Nordic HoldCo AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Byggfakta Group Nordic HoldCo AB's Average Total Inventories for the three months ended in Mar. 2024 was kr1 Mil. Byggfakta Group Nordic HoldCo AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr307 Mil. Hence, Byggfakta Group Nordic HoldCo AB's Days Inventory for the three months ended in Mar. 2024 was 0.30.

The historical rank and industry rank for Byggfakta Group Nordic HoldCo AB's Days Inventory or its related term are showing as below:

OSTO:BFG' s Days Inventory Range Over the Past 10 Years
Min: 1.38 Med: 4.17 Max: 4.63
Current: 1.38

During the past 4 years, Byggfakta Group Nordic HoldCo AB's highest Days Inventory was 4.63. The lowest was 1.38. And the median was 4.17.

OSTO:BFG's Days Inventory is ranked better than
85.01% of 1561 companies
in the Software industry
Industry Median: 18.99 vs OSTO:BFG: 1.38

Byggfakta Group Nordic HoldCo AB's Days Inventory declined from Mar. 2023 (5.68) to Mar. 2024 (0.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Byggfakta Group Nordic HoldCo AB's Inventory Turnover for the three months ended in Mar. 2024 was 307.00.

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. Byggfakta Group Nordic HoldCo AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Byggfakta Group Nordic HoldCo AB Days Inventory Historical Data

The historical data trend for Byggfakta Group Nordic HoldCo 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.

Byggfakta Group Nordic HoldCo AB Days Inventory Chart

Byggfakta Group Nordic HoldCo AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

3.76

4.63

4.58

2.59

Byggfakta Group Nordic HoldCo AB Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial									5.68	3.07	0.33	0.30	0.30

Competitive Comparison of Byggfakta Group Nordic HoldCo AB's Days Inventory

For the Software - Infrastructure subindustry, Byggfakta Group Nordic HoldCo 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.

Byggfakta Group Nordic HoldCo AB's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Byggfakta Group Nordic HoldCo AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Byggfakta Group Nordic HoldCo AB's Days Inventory falls into.

Byggfakta Group Nordic HoldCo AB Days Inventory Calculation

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

Byggfakta Group Nordic HoldCo 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
=	( (15	+	1)	/	2 )	/	1127	*	365
=	8					/	1127	*	365
=	2.59

Byggfakta Group Nordic HoldCo 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
=	( (1	+	1)	/	2 )	/	307	*	365 / 4
=	1					/	307	*	365 / 4
=	0.30

Byggfakta Group Nordic HoldCo AB (OSTO:BFG) 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.

Byggfakta Group Nordic HoldCo AB's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	307	/	1
	=	307.00

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.

Byggfakta Group Nordic HoldCo AB's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1	/	684
	=	0.00

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.

Byggfakta Group Nordic HoldCo AB Days Inventory Related Terms

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

Byggfakta Group Nordic HoldCo AB (OSTO:BFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Byggfakta Group Nordic HoldCo AB (OSTO:BFG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lojtnantsgatan 9, Ljusdal, SWE, SE-827 81

Website

https://www.byggfaktagroup.com

Byggfakta Group Nordic HoldCo AB is a software and information company within the construction industry with a proprietary cloud-based service and a fully integrated data and software platform. The company operates in five segments: Construction solutions - Nordic, Construction solutions - UK & International, Construction solutions - APAC & U.S, Construction solutions - Continental Europe, and Other operations.

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