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Loomis AB (OSTO:LOOMIS) Days Inventory : 7.30 (As of Dec. 2024)


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What is Loomis AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Loomis AB's Average Total Inventories for the three months ended in Dec. 2024 was kr454 Mil. Loomis AB's Cost of Goods Sold for the three months ended in Dec. 2024 was kr5,667 Mil. Hence, Loomis AB's Days Inventory for the three months ended in Dec. 2024 was 7.30.

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

OSTO:LOOMIS' s Days Inventory Range Over the Past 10 Years
Min: 1.85   Med: 2.45   Max: 8.22
Current: 8.22

During the past 13 years, Loomis AB's highest Days Inventory was 8.22. The lowest was 1.85. And the median was 2.45.

OSTO:LOOMIS's Days Inventory is ranked better than
72.43% of 682 companies
in the Business Services industry
Industry Median: 31.905 vs OSTO:LOOMIS: 8.22

Loomis AB's Days Inventory declined from Dec. 2023 (8.28) to Dec. 2024 (7.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Loomis AB's Inventory Turnover for the three months ended in Dec. 2024 was 12.50.

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. Loomis AB's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.06.


Loomis AB Days Inventory Historical Data

The historical data trend for Loomis 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.

Loomis AB Days Inventory Chart

Loomis AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.85 5.14 7.71

Loomis AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 8.28 9.01 8.75 8.38 7.30

Competitive Comparison of Loomis AB's Days Inventory

For the Security & Protection Services subindustry, Loomis 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.


Loomis AB's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Days Inventory distribution charts can be found below:

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


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Loomis AB Days Inventory Calculation

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

Loomis AB's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (509 + 421) / 2 ) / 22001*365
=465 / 22001*365
=7.71

Loomis AB's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (486 + 421) / 2 ) / 5667*365 / 4
=453.5 / 5667*365 / 4
=7.30

* 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.


Loomis AB  (OSTO:LOOMIS) 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.

Loomis AB's Inventory Turnover for the three months ended in Dec. 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.

Loomis AB's Inventory to Revenue for the three months ended in Dec. 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.


Loomis AB Days Inventory Related Terms

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


Loomis AB Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Swedish company mainly focused on cash handling services, which include cash in transit (CIT) and cash management services (CMS). CIT entails the transportation of cash to and from stores, banks, and ATMs. CMS involves the transfer of cash from customers to Loomis's cash centers, where the company counts and packages bills and coins with a commitment to quality assurance. Additionally, CMS requires cash flow analysis, forecasting, and reporting, along with other tailored solutions. Besides CIT and CMS, Loomis also offers cross-border transportation services and general cargo services. Its operational segments include Europe, Latin America, and the USA, along with Loomis Pay. The majority of the company's revenue is derived from the USA.

Loomis AB Headlines

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