Candyking Holding AB (OSTO:CANDY) Days Inventory: 24.85 (As of Mar. 2015)


What is Candyking Holding AB Days Inventory?

Candyking Holding AB OSTO:CANDY Days Inventory is 24.85 as of Mar. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). Candyking Holding AB's Average Total Inventories for the three months ended in Mar. 2015 was kr78.82 Mil. Candyking Holding AB's Cost of Goods Sold for the three months ended in Mar. 2015 was kr289.40 Mil. Hence, Candyking Holding AB's Days Inventory for the three months ended in Mar. 2015 was 24.85.

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

OSTO:CANDY's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 82.945
* Ranked among companies with meaningful Days Inventory only.

Candyking Holding AB's Days Inventory declined from Mar. 2014 (36.86) to Mar. 2015 (24.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Candyking Holding AB's Inventory Turnover for the three months ended in Mar. 2015 was 3.67.

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. Candyking Holding AB's Inventory-to-Revenue for the three months ended in Mar. 2015 was 0.18.

Candyking Holding AB  (OSTO:CANDY) 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.

Candyking Holding AB's Inventory Turnover for the three months ended in Mar. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=289.4 / 78.821
=3.67

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.

Candyking Holding AB's Inventory to Revenue for the three months ended in Mar. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=78.821 / 428.1
=0.18

* 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.

Candyking Holding AB Days Inventory Related Terms

Candyking Holding AB Days Inventory Historical Data

* Premium members only.

The historical data trend for Candyking Holding 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.

Candyking Holding AB Days Inventory Chart

Candyking Holding AB Annual Data
Trend Dec12 Dec13 Dec14
Days Inventory
26.54 28.81 27.64

Candyking Holding AB Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 36.86 34.65 31.97 27.60 24.85

Candyking Holding AB Days Inventory Competitor Comparison

For the Confectioners subindustry, Candyking Holding 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.

Candyking Holding AB Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candyking Holding AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Candyking Holding AB's Days Inventory falls into.


Candyking Holding AB Days Inventory Calculation

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

Candyking Holding AB's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (95.951 + 80.342) / 2 ) / 1163.925*365
=88.1465 / 1163.925*365
=27.64

Candyking Holding AB's Days Inventory for the quarter that ended in Mar. 2015 is calculated as:

Days Inventory (Q: Mar. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Mar. 2015 )) / count ) / Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=( (80.342 + 77.3) / 2 ) / 289.4*365 / 4
=78.821 / 289.4*365 / 4
=24.85

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 24.85 mean?
Candyking Holding AB (OSTO:CANDY) has a Days Inventory of 24.85 as of Mar. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Candyking Holding AB and its competitors.
Is Candyking Holding AB's Days Inventory too high?
Candyking Holding AB's current Days Inventory is 24.85. The Consumer Packaged Goods industry median Days Inventory is 82.95. Candyking Holding AB's value of 24.85 is 70% below this industry median.
How does Candyking Holding AB's Days Inventory compare to competitors?
Candyking Holding AB's Days Inventory of 24.85 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 82.95. Candyking Holding AB's value of 24.85 is 70% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 82.95, based on 1,870 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Candyking Holding AB's current Days Inventory of 24.85 is 70% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Candyking Holding AB and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 82.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candyking Holding AB's current Days Inventory is 24.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candyking Holding AB stock overvalued right now?
Candyking Holding AB (OSTO:CANDY) has a current Days Inventory of 24.85. The current Days Inventory is 24.85 and 70% below the Consumer Packaged Goods industry median of 82.95. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Candyking Holding AB (OSTO:CANDY), the current Days Inventory is 24.85 as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Candyking Holding AB Business Description

Comparable Companies OSTO:CLA B
Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.