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Peab AB (OSTO:PEAB B) Days Inventory : 170.26 (As of Mar. 2024)


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What is Peab AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Peab AB's Average Total Inventories for the three months ended in Mar. 2024 was kr20,540 Mil. Peab AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr11,008 Mil. Hence, Peab AB's Days Inventory for the three months ended in Mar. 2024 was 170.26.

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

OSTO:PEAB B' s Days Inventory Range Over the Past 10 Years
Min: 66.92   Med: 105.56   Max: 140.13
Current: 140.13

During the past 13 years, Peab AB's highest Days Inventory was 140.13. The lowest was 66.92. And the median was 105.56.

OSTO:PEAB B's Days Inventory is ranked worse than
78.59% of 1392 companies
in the Construction industry
Industry Median: 49.255 vs OSTO:PEAB B: 140.13

Peab AB's Days Inventory increased from Mar. 2023 (157.67) to Mar. 2024 (170.26). It might indicate that Peab AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Peab AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.54.

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. Peab AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.79.


Peab AB Days Inventory Historical Data

The historical data trend for Peab 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.

Peab AB Days Inventory Chart

Peab AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.47 111.53 113.31 124.04 132.10

Peab AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 157.67 137.68 142.17 118.34 170.26

Competitive Comparison of Peab AB's Days Inventory

For the Engineering & Construction subindustry, Peab 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.


Peab AB's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Peab AB's Days Inventory distribution charts can be found below:

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



Peab AB Days Inventory Calculation

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

Peab 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
=( (20719 + 19766) / 2 ) / 55933*365
=20242.5 / 55933*365
=132.10

Peab 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
=( (19766 + 21314) / 2 ) / 11008*365 / 4
=20540 / 11008*365 / 4
=170.26

* 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.


Peab AB  (OSTO:PEAB 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.

Peab 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.

Peab 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.


Peab AB Days Inventory Related Terms

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


Peab AB (OSTO:PEAB B) Business Description

Traded in Other Exchanges
Address
Margretetorpsvagen 84, Forslov, SWE, SE-269 73
Peab AB is one of the leading Nordic construction and civil engineering companies. It builds offices around the region and contributes to all stages of construction. Many projects are related to housing, transportation, commercial property, and building materials. A network of subcontractors and external suppliers helps plan and build innovative systems for projects. Peab operates in four business areas: construction (roughly half of total revenue), civil engineering, industry, and project development. It uses technical expertise and input from customers to complete projects and deliver customized solutions. The majority of sales come from Sweden, and the company has the capacity to complete smaller local projects as well as more complex construction projects.

Peab AB (OSTO:PEAB B) Headlines

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