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Move About Group AB (OSTO:MOV) Days Inventory : 0.00 (As of Jun. 2024)


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What is Move About Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Move About Group AB's Average Total Inventories for the three months ended in Jun. 2024 was kr0.00 Mil. Move About Group AB's Cost of Goods Sold for the three months ended in Jun. 2024 was kr0.09 Mil. Hence, Move About Group AB's Days Inventory for the three months ended in Jun. 2024 was 0.00.

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

During the past 4 years, Move About Group AB's highest Days Inventory was 29.13. The lowest was 10.84. And the median was 18.02.

OSTO:MOV's Days Inventory is not ranked *
in the Software industry.
Industry Median: 18.695
* Ranked among companies with meaningful Days Inventory only.

Move About Group AB's Days Inventory declined from Jun. 2023 (7.36) to Jun. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Move About Group AB's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.00.


Move About Group AB Days Inventory Historical Data

The historical data trend for Move About 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.

Move About Group AB Days Inventory Chart

Move About Group AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- 18.02 10.84 29.13

Move About Group AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7.36 8.30 - - -

Competitive Comparison of Move About Group AB's Days Inventory

For the Software - Application subindustry, Move About 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.


Move About Group AB's Days Inventory Distribution in the Software Industry

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

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



Move About Group AB Days Inventory Calculation

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

Move About 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
=( (0.491 + 0) / 1 ) / 6.152*365
=0.491 / 6.152*365
=29.13

Move About Group 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
=( (0 + 0) / 1 ) / 0.085*365 / 4
=0 / 0.085*365 / 4
=0.00

* 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.


Move About Group AB  (OSTO:MOV) 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.

Move About Group AB's Inventory Turnover for the three months ended in Jun. 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.

Move About Group AB's Inventory to Revenue for the three months ended in Jun. 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.


Move About Group AB Days Inventory Related Terms

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


Move About Group AB Business Description

Traded in Other Exchanges
N/A
Address
Magasinsgatan 22, Sverige, Goteborg, SWE, 411 18
Move About Group AB offers app-based, environmentally friendly and cost-effective mobility solutions to both private individuals and companies, municipalities and organizations. The company has developed and owns all intellectual property rights to its cloud-based Greentech platform that provides digital access to electric cars, electric bicycles, taxis, subways and parking through one and the same application around the clock.