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Karnell Group AB (OSTO:KARNEL B) Days Inventory : 124.25 (As of Mar. 2024)


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What is Karnell Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Karnell Group AB's Average Total Inventories for the three months ended in Mar. 2024 was kr281.6 Mil. Karnell Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr206.8 Mil. Hence, Karnell Group AB's Days Inventory for the three months ended in Mar. 2024 was 124.25.

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

OSTO:KARNEL B' s Days Inventory Range Over the Past 10 Years
Min: 73.53   Med: 83.42   Max: 497
Current: 497

During the past 3 years, Karnell Group AB's highest Days Inventory was 497.00. The lowest was 73.53. And the median was 83.42.

OSTO:KARNEL B's Days Inventory is ranked worse than
81.76% of 170 companies
in the Asset Management industry
Industry Median: 76.295 vs OSTO:KARNEL B: 497.00

Karnell Group AB's Days Inventory increased from Dec. 2021 (0.00) to Mar. 2024 (124.25). It might indicate that Karnell Group 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. Karnell Group AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.73.

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. Karnell Group AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.98.


Karnell Group AB Days Inventory Historical Data

The historical data trend for Karnell Group 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.

Karnell Group AB Days Inventory Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
83.42 73.53 85.06

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Days Inventory - - 91.06 - 124.25

Competitive Comparison of Karnell Group AB's Days Inventory

For the Asset Management subindustry, Karnell Group 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.


Karnell Group AB's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Karnell Group AB's Days Inventory distribution charts can be found below:

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



Karnell Group AB Days Inventory Calculation

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

Karnell Group 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
=( (180.129 + 251.577) / 2 ) / 926.2*365
=215.853 / 926.2*365
=85.06

Karnell Group 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
=( (251.577 + 311.6) / 2 ) / 206.8*365 / 4
=281.5885 / 206.8*365 / 4
=124.25

* 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.


Karnell Group AB  (OSTO:KARNEL B) 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.

Karnell Group 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.

Karnell Group 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.


Karnell Group AB Days Inventory Related Terms

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


Karnell Group AB (OSTO:KARNEL B) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Riddargatan 13D, Stockholm, SWE, 114 51
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

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