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Clavister Holding AB (OSTO:CLAV) Days Inventory : 198.60 (As of Mar. 2024)


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What is Clavister Holding AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clavister Holding AB's Average Total Inventories for the three months ended in Mar. 2024 was kr19.3 Mil. Clavister Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr8.9 Mil. Hence, Clavister Holding AB's Days Inventory for the three months ended in Mar. 2024 was 198.60.

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

OSTO:CLAV' s Days Inventory Range Over the Past 10 Years
Min: 102.33   Med: 156.25   Max: 1175.6
Current: 115.92

During the past 13 years, Clavister Holding AB's highest Days Inventory was 1175.60. The lowest was 102.33. And the median was 156.25.

OSTO:CLAV's Days Inventory is ranked worse than
82.38% of 1561 companies
in the Software industry
Industry Median: 18.99 vs OSTO:CLAV: 115.92

Clavister Holding AB's Days Inventory declined from Mar. 2023 (199.17) to Mar. 2024 (198.60).

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. Clavister Holding AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.46.

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. Clavister Holding AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.


Clavister Holding AB Days Inventory Historical Data

The historical data trend for Clavister 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.

* Premium members only.

Clavister Holding AB Days Inventory Chart

Clavister Holding AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.33 156.25 124.87 127.70 170.10

Clavister Holding AB Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 199.17 197.11 1,802.56 43.32 198.60

Competitive Comparison of Clavister Holding AB's Days Inventory

For the Software - Infrastructure subindustry, Clavister 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.


Clavister Holding AB's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Clavister Holding AB's Days Inventory distribution charts can be found below:

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



Clavister Holding AB Days Inventory Calculation

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

Clavister Holding 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
=( (13.52 + 16.253) / 2 ) / 31.944*365
=14.8865 / 31.944*365
=170.10

Clavister Holding 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
=( (16.253 + 22.417) / 2 ) / 8.884*365 / 4
=19.335 / 8.884*365 / 4
=198.60

* 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.


Clavister Holding AB  (OSTO:CLAV) 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.

Clavister Holding AB's Inventory Turnover for the three months ended in Mar. 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.

Clavister Holding AB's Inventory to Revenue for the three months ended in Mar. 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.


Clavister Holding AB Days Inventory Related Terms

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


Clavister Holding AB (OSTO:CLAV) Business Description

Traded in Other Exchanges
Address
Sjogatan 6 J, Ornskoldsvik, SWE, SE-891 60
Clavister Holding AB is engaged in the development, production, and sales of network security solutions within the field of cybersecurity. The company's solutions are based on proprietary, high-performance software. Its products include network security, device security, identity, and access management, cloud services, and management and security analysis. The clients range from the public to the private sector all over the world. Its operations are spread across Sweden, Asia, the Rest of Europe, and the Rest of the world with the majority of the revenue deriving from Sweden.

Clavister Holding AB (OSTO:CLAV) Headlines

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