GARO AB (OSTO:GARO) Days Inventory : 238.19 (As of Dec. 2024)

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What is GARO AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GARO AB's Average Total Inventories for the three months ended in Dec. 2024 was kr375 Mil. GARO AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr144 Mil. Hence, GARO AB's Days Inventory for the three months ended in Dec. 2024 was 238.19.

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

OSTO:GARO' s Days Inventory Range Over the Past 10 Years
Min: 101.71 Med: 121.13 Max: 211.89
Current: 211.89

During the past 12 years, GARO AB's highest Days Inventory was 211.89. The lowest was 101.71. And the median was 121.13.

OSTO:GARO's Days Inventory is ranked worse than
78.76% of 2924 companies
in the Industrial Products industry
Industry Median: 121.33 vs OSTO:GARO: 211.89

GARO AB's Days Inventory increased from Dec. 2023 (197.84) to Dec. 2024 (238.19). It might indicate that GARO AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GARO AB's Inventory Turnover for the three months ended in Dec. 2024 was 0.38.

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. GARO AB's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.32.

GARO AB Days Inventory Historical Data

The historical data trend for GARO 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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GARO AB Days Inventory Chart

GARO AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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123.33

120.03

148.38

178.19

209.94

GARO AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															197.84	223.07	213.46	183.35	238.19

Competitive Comparison of GARO AB's Days Inventory

For the Electrical Equipment & Parts subindustry, GARO 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.

GARO AB's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GARO AB's Days Inventory distribution charts can be found below:

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

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GARO AB Days Inventory Calculation

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

GARO AB's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (395.2	+	376.1)	/	2 )	/	670.5	*	365
=	385.65					/	670.5	*	365
=	209.94

GARO AB's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (374.1	+	376.1)	/	2 )	/	143.7	*	365 / 4
=	375.1					/	143.7	*	365 / 4
=	238.19

GARO AB (OSTO:GARO) 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.

GARO AB's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	143.7	/	375.1
	=	0.38

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.

GARO AB's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	375.1	/	283.8
	=	1.32

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.

GARO AB Days Inventory Related Terms

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

GARO AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GARO AB (OSTO:GARO) » Definitions » Days Inventory

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Traded in Other Exchanges

0REY:UK

Address

Sodergatan 26, Box 203, Gnosjo, SWE, SE-335 33

Website

https://www.garo.se

GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it also includes in-house production at two facilities.

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