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Lagercrantz Group AB (OSTO:LAGR B) Days Inventory : 93.42 (As of Sep. 2024)


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What is Lagercrantz Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lagercrantz Group AB's Average Total Inventories for the three months ended in Sep. 2024 was kr1,354 Mil. Lagercrantz Group AB's Cost of Goods Sold for the three months ended in Sep. 2024 was kr1,322 Mil. Hence, Lagercrantz Group AB's Days Inventory for the three months ended in Sep. 2024 was 93.42.

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

OSTO:LAGR B' s Days Inventory Range Over the Past 10 Years
Min: 55.92   Med: 75.53   Max: 93.84
Current: 91.03

During the past 13 years, Lagercrantz Group AB's highest Days Inventory was 93.84. The lowest was 55.92. And the median was 75.53.

OSTO:LAGR B's Days Inventory is ranked better than
54.39% of 2401 companies
in the Hardware industry
Industry Median: 99.65 vs OSTO:LAGR B: 91.03

Lagercrantz Group AB's Days Inventory declined from Sep. 2023 (101.25) to Sep. 2024 (93.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lagercrantz Group AB's Inventory Turnover for the three months ended in Sep. 2024 was 0.98.

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. Lagercrantz Group AB's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.62.


Lagercrantz Group AB Days Inventory Historical Data

The historical data trend for Lagercrantz 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.

Lagercrantz Group AB Days Inventory Chart

Lagercrantz Group AB Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.98 88.38 86.38 85.70 93.84

Lagercrantz Group 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 101.25 90.81 90.59 89.99 93.42

Competitive Comparison of Lagercrantz Group AB's Days Inventory

For the Electronic Components subindustry, Lagercrantz 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.


Lagercrantz Group AB's Days Inventory Distribution in the Hardware Industry

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

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



Lagercrantz Group AB Days Inventory Calculation

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

Lagercrantz Group AB's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1167 + 1369) / 2 ) / 4932*365
=1268 / 4932*365
=93.84

Lagercrantz Group 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
=( (1353 + 1354) / 2 ) / 1322*365 / 4
=1353.5 / 1322*365 / 4
=93.42

* 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.


Lagercrantz Group AB  (OSTO:LAGR 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.

Lagercrantz Group 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.

Lagercrantz Group 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.


Lagercrantz Group AB Days Inventory Related Terms

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


Lagercrantz Group AB Business Description

Traded in Other Exchanges
Address
Vasagatan 11, 10th floor, Stockholm, SWE, SE-103 69
Lagercrantz Group AB is a Sweden-based company engaged in the provision of products and solutions in the electronics and communications industry. The business activity of the group is divided into segments namely the Electrify, Control, TecSec, Niche Products, and the International segment. Geographically, it operates in the regions of Sweden, Denmark, Norway, Finland, the UK, Germany, and other regions. The firm derives the majority of revenue through the Electrify segment which Offers products and solutions that meet the need for an increasingly electrified and connected society.

Lagercrantz Group AB Headlines

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