Metacon AB (OSTO:META) Days Inventory : 82.40 (As of Jun. 2024)

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What is Metacon AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metacon AB's Average Total Inventories for the three months ended in Jun. 2024 was kr18.15 Mil. Metacon AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr20.10 Mil. Hence, Metacon AB's Days Inventory for the three months ended in Jun. 2024 was 82.40.

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

OSTO:META' s Days Inventory Range Over the Past 10 Years
Min: 59.53 Med: 90.78 Max: 126.89
Current: 124.28

During the past 7 years, Metacon AB's highest Days Inventory was 126.89. The lowest was 59.53. And the median was 90.78.

OSTO:META's Days Inventory is ranked worse than
52.17% of 2925 companies
in the Industrial Products industry
Industry Median: 120.21 vs OSTO:META: 124.28

Metacon AB's Days Inventory increased from Jun. 2023 (66.07) to Jun. 2024 (82.40). It might indicate that Metacon 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. Metacon AB's Inventory Turnover for the three months ended in Jun. 2024 was 1.11.

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. Metacon AB's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.61.

Metacon AB Days Inventory Historical Data

The historical data trend for Metacon 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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Metacon AB Days Inventory Chart

Metacon AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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126.89

59.53

90.78

Metacon AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															66.07	70.51	400.45	257.51	82.40

Competitive Comparison of Metacon AB's Days Inventory

For the Specialty Industrial Machinery subindustry, Metacon 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.

Metacon AB's Days Inventory Distribution in the Industrial Products Industry

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

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

Metacon AB Days Inventory Calculation

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

Metacon 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
=	( (13.967	+	17.158)	/	2 )	/	62.574	*	365
=	15.5625					/	62.574	*	365
=	90.78

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

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (18.4	+	17.9)	/	2 )	/	20.1	*	365 / 4
=	18.15					/	20.1	*	365 / 4
=	82.40

Metacon AB (OSTO:META) 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.

Metacon AB's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.1	/	18.15
	=	1.11

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.

Metacon AB's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.15	/	11.3
	=	1.61

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.

Metacon AB Days Inventory Related Terms

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

Metacon AB Business Description

Industry

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M16:Germany

Address

Drottninggatan 1B, Uppsala, SWE, 753 10

Website

https://www.metacon.se

Metacon AB is an international energy technology company. The main goal of this company is to develop and market small and large energy systems that can produce hydrogen, electricity, and heat. The company has two main branches of business: Reforming and Electrolysis. In the Reforming division, the company possesses several patents and an understanding of how to efficiently convert different hydrocarbons into hydrogen, which is used in catalytic steam reforming products. As for the Electrolysis branch, the company is transitioning from being solely a distributor of Chinese-made products to manufacturing its own products under its own brand. The company's product range includes Hydrogen Refueling Stations, Large CHP Systems, Small CHP Systems, Small Power Units, and others.