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Rusta AB (publ) (OSTO:RUSTA) Days Inventory : 128.11 (As of Jan. 2024)


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What is Rusta AB (publ) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rusta AB (publ)'s Average Total Inventories for the three months ended in Jan. 2024 was kr2,537 Mil. Rusta AB (publ)'s Cost of Goods Sold for the three months ended in Jan. 2024 was kr1,807 Mil. Hence, Rusta AB (publ)'s Days Inventory for the three months ended in Jan. 2024 was 128.11.

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

OSTO:RUSTA' s Days Inventory Range Over the Past 10 Years
Min: 131.68   Med: 153.81   Max: 164.06
Current: 148.43

During the past 3 years, Rusta AB (publ)'s highest Days Inventory was 164.06. The lowest was 131.68. And the median was 153.81.

OSTO:RUSTA's Days Inventory is ranked worse than
63.12% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.11 vs OSTO:RUSTA: 148.43

Rusta AB (publ)'s Days Inventory increased from Jan. 2023 (0.00) to Jan. 2024 (128.11). It might indicate that Rusta AB (publ)'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. Rusta AB (publ)'s Inventory Turnover for the three months ended in Jan. 2024 was 0.71.

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. Rusta AB (publ)'s Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.78.


Rusta AB (publ) Days Inventory Historical Data

The historical data trend for Rusta AB (publ)'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.

Rusta AB (publ) Days Inventory Chart

Rusta AB (publ) Annual Data
Trend Apr21 Apr22 Apr23
Days Inventory
131.68 153.81 164.06

Rusta AB (publ) Quarterly Data
Apr21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory Get a 7-Day Free Trial Premium Member Only - 181.90 138.95 162.65 128.11

Competitive Comparison of Rusta AB (publ)'s Days Inventory

For the Department Stores subindustry, Rusta AB (publ)'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.


Rusta AB (publ)'s Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rusta AB (publ)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Rusta AB (publ)'s Days Inventory falls into.



Rusta AB (publ) Days Inventory Calculation

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

Rusta AB (publ)'s Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (2814.7 + 2593.1) / 2 ) / 6015.8*365
=2703.9 / 6015.8*365
=164.06

Rusta AB (publ)'s Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (2742 + 2332) / 2 ) / 1807*365 / 4
=2537 / 1807*365 / 4
=128.11

* 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.


Rusta AB (publ)  (OSTO:RUSTA) 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.

Rusta AB (publ)'s Inventory Turnover for the three months ended in Jan. 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.

Rusta AB (publ)'s Inventory to Revenue for the three months ended in Jan. 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.


Rusta AB (publ) Days Inventory Related Terms

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


Rusta AB (publ) (OSTO:RUSTA) Business Description

Traded in Other Exchanges
N/A
Address
Kanalvagen 12, 4th floor, Upplands Vasby, SWE, SE-194 05
Rusta AB (publ) is a leading company in the Nordic variety hard discount market. Its customer promise is to be a modern variety hard discount retailer making it easy to renew and refill at home at surprisingly low prices. It combines an offering of a wide and curated product assortment of everyday products, with good quality that covers frequent customer needs and wants at the lowest prices among comparable products with a convenient and positive in-store shopping experience. It has a wide multi-geographic presence with a network of 203 stores across Sweden, Norway, Finland, and Germany.

Rusta AB (publ) (OSTO:RUSTA) Headlines

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