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Generic Sweden AB (OSTO:GENI) Days Inventory : 1.13 (As of Jun. 2024)


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What is Generic Sweden AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Generic Sweden AB's Average Total Inventories for the three months ended in Jun. 2024 was kr0.4 Mil. Generic Sweden AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr33.5 Mil. Hence, Generic Sweden AB's Days Inventory for the three months ended in Jun. 2024 was 1.13.

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

OSTO:GENI' s Days Inventory Range Over the Past 10 Years
Min: 0.68   Med: 2.12   Max: 2.45
Current: 1.78

During the past 13 years, Generic Sweden AB's highest Days Inventory was 2.45. The lowest was 0.68. And the median was 2.12.

OSTO:GENI's Days Inventory is ranked better than
82.65% of 1562 companies
in the Software industry
Industry Median: 18.635 vs OSTO:GENI: 1.78

Generic Sweden AB's Days Inventory declined from Jun. 2023 (2.01) to Jun. 2024 (1.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Generic Sweden AB's Inventory Turnover for the three months ended in Jun. 2024 was 80.93.

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. Generic Sweden AB's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.01.


Generic Sweden AB Days Inventory Historical Data

The historical data trend for Generic Sweden 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.

Generic Sweden AB Days Inventory Chart

Generic Sweden 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 1.59 2.19 2.14 2.45 2.32

Generic Sweden AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.01 2.29 2.94 1.42 1.13

Competitive Comparison of Generic Sweden AB's Days Inventory

For the Software - Application subindustry, Generic Sweden 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.


Generic Sweden AB's Days Inventory Distribution in the Software Industry

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

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



Generic Sweden AB Days Inventory Calculation

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

Generic Sweden 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
=( (0.614 + 0.571) / 2 ) / 93.255*365
=0.5925 / 93.255*365
=2.32

Generic Sweden AB's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.437 + 0.391) / 2 ) / 33.505*365 / 4
=0.414 / 33.505*365 / 4
=1.13

* 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.


Generic Sweden AB  (OSTO:GENI) 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.

Generic Sweden AB's Inventory Turnover for the three months ended in Jun. 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.

Generic Sweden AB's Inventory to Revenue for the three months ended in Jun. 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.


Generic Sweden AB Days Inventory Related Terms

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


Generic Sweden AB Business Description

Traded in Other Exchanges
N/A
Address
Hangovagen 18, Stockholm, SWE, 115 41
Generic Sweden AB is a technology company providing high-tech messaging services for all applications. The company offers a platform for digital communication services that can be integrated into customers' internal or external communication flow. The services are provided through a Communication Platform as a Service (CPaaS) model. Generic's customers are found in all areas and with a special position in alarms and security, care and e-health as well as e-commerce and logistics.