Guideline Geo AB (OSTO:GGEO) Days Inventory : 363.61 (As of Sep. 2024)

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What is Guideline Geo AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guideline Geo AB's Average Total Inventories for the three months ended in Sep. 2024 was kr53.6 Mil. Guideline Geo AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr13.4 Mil. Hence, Guideline Geo AB's Days Inventory for the three months ended in Sep. 2024 was 363.61.

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

OSTO:GGEO' s Days Inventory Range Over the Past 10 Years
Min: 153.59 Med: 213.54 Max: 276.34
Current: 276.34

During the past 13 years, Guideline Geo AB's highest Days Inventory was 276.34. The lowest was 153.59. And the median was 213.54.

OSTO:GGEO's Days Inventory is ranked worse than
87.2% of 2921 companies
in the Industrial Products industry
Industry Median: 122.26 vs OSTO:GGEO: 276.34

Guideline Geo AB's Days Inventory increased from Sep. 2023 (224.05) to Sep. 2024 (363.61). It might indicate that Guideline Geo AB's sales slowed down.

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. Guideline Geo AB's Inventory Turnover for the three months ended in Sep. 2024 was 0.25.

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. Guideline Geo AB's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.27.

Guideline Geo AB Days Inventory Historical Data

The historical data trend for Guideline Geo 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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Guideline Geo AB Days Inventory Chart

Guideline Geo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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190.89

267.99

153.59

179.20

212.30

Guideline Geo AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															224.05	164.25	376.81	299.51	363.61

Competitive Comparison of Guideline Geo AB's Days Inventory

For the Specialty Industrial Machinery subindustry, Guideline Geo 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.

Guideline Geo AB's Days Inventory Distribution in the Industrial Products Industry

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

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

Guideline Geo AB Days Inventory Calculation

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

Guideline Geo 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
=	( (35.141	+	39.597)	/	2 )	/	64.247	*	365
=	37.369					/	64.247	*	365
=	212.30

Guideline Geo AB's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (55.708	+	51.465)	/	2 )	/	13.448	*	365 / 4
=	53.5865					/	13.448	*	365 / 4
=	363.61

Guideline Geo AB (OSTO:GGEO) 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.

Guideline Geo AB's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.448	/	53.5865
	=	0.25

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.

Guideline Geo AB's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.5865	/	42.21
	=	1.27

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.

Guideline Geo AB Days Inventory Related Terms

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

Guideline Geo AB Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hemvarnsgatan 9, Solna, SWE, 171 54

Website

http://www.guidelinegeo.com

Guideline Geo AB is operating in the field of geophysics. The company develops, manufactures and sells solutions for four global market areas: Mapping and investigation of groundwater sources, monitoring and mapping of environmental pollution, investigation prior to construction of construction and maintenance of infrastructure, and investigation and mapping in mineral prospecting and mining. The group includes the MALA and ABEM brands and sales are conducted globally.

Guideline Geo AB Headlines

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