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Hanza AB (OSTO:HANZA) Days Inventory : 171.51 (As of Sep. 2024)


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What is Hanza AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hanza AB's Average Total Inventories for the three months ended in Sep. 2024 was kr1,233 Mil. Hanza AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr656 Mil. Hence, Hanza AB's Days Inventory for the three months ended in Sep. 2024 was 171.51.

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

OSTO:HANZA' s Days Inventory Range Over the Past 10 Years
Min: 101.68   Med: 116.93   Max: 157.11
Current: 157.11

During the past 13 years, Hanza AB's highest Days Inventory was 157.11. The lowest was 101.68. And the median was 116.93.

OSTO:HANZA's Days Inventory is ranked worse than
72.64% of 2401 companies
in the Hardware industry
Industry Median: 99.65 vs OSTO:HANZA: 157.11

Hanza AB's Days Inventory declined from Sep. 2023 (180.90) to Sep. 2024 (171.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hanza AB's Inventory Turnover for the three months ended in Sep. 2024 was 0.53.

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. Hanza AB's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.11.


Hanza AB Days Inventory Historical Data

The historical data trend for Hanza 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.

Hanza AB Days Inventory Chart

Hanza 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 116.04 116.37 134.32 144.70 148.55

Hanza 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 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 180.90 151.25 141.59 169.86 171.51

Competitive Comparison of Hanza AB's Days Inventory

For the Electronic Components subindustry, Hanza 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.


Hanza AB's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanza AB's Days Inventory distribution charts can be found below:

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



Hanza AB Days Inventory Calculation

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

Hanza 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
=( (937 + 936) / 2 ) / 2301*365
=936.5 / 2301*365
=148.55

Hanza 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
=( (1263 + 1203) / 2 ) / 656*365 / 4
=1233 / 656*365 / 4
=171.51

* 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.


Hanza AB  (OSTO:HANZA) 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.

Hanza AB's Inventory Turnover for the three months ended in Sep. 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.

Hanza AB's Inventory to Revenue for the three months ended in Sep. 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.


Hanza AB Days Inventory Related Terms

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


Hanza AB Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 35, Kista, Stockholm, SWE, 164 40
Hanza AB is a global knowledge-based manufacturing company that modernizes and streamlines the manufacturing industry. Through supply-chain advisory services and with production facilities grouped into regional manufacturing clusters, it creates stable deliveries, increased profitability and an environmentally friendly manufacturing process for customers. The company has six manufacturing clusters: Sweden, Finland, Germany, Baltics, Central Europe and China. The business areas of the company include Business Advisory Services, Simplifying Eco Design and Manufacturing Solutions. The company has three reportable segments: Main Markets; Other Markets; and Business Development.

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