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Waystream Holding AB (OSTO:WAYS) Days Inventory : 833.20 (As of Dec. 2023)


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What is Waystream Holding AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Waystream Holding AB's Average Total Inventories for the three months ended in Dec. 2023 was kr55.2 Mil. Waystream Holding AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr6.0 Mil. Hence, Waystream Holding AB's Days Inventory for the three months ended in Dec. 2023 was 833.20.

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

OSTO:WAYS' s Days Inventory Range Over the Past 10 Years
Min: 72.1   Med: 95.3   Max: 420.56
Current: 420.56

During the past 11 years, Waystream Holding AB's highest Days Inventory was 420.56. The lowest was 72.10. And the median was 95.30.

OSTO:WAYS's Days Inventory is ranked worse than
95.6% of 2409 companies
in the Hardware industry
Industry Median: 102.28 vs OSTO:WAYS: 420.56

Waystream Holding AB's Days Inventory increased from Dec. 2022 (71.13) to Dec. 2023 (833.20). It might indicate that Waystream Holding 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. Waystream Holding AB's Inventory Turnover for the three months ended in Dec. 2023 was 0.11.

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. Waystream Holding AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.08.


Waystream Holding AB Days Inventory Historical Data

The historical data trend for Waystream Holding 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.

Waystream Holding AB Days Inventory Chart

Waystream Holding 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 94.57 80.28 114.98 96.02 394.31

Waystream Holding AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 71.13 207.84 385.71 494.20 833.20

Competitive Comparison of Waystream Holding AB's Days Inventory

For the Communication Equipment subindustry, Waystream Holding 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.


Waystream Holding AB's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Waystream Holding AB's Days Inventory distribution charts can be found below:

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



Waystream Holding AB Days Inventory Calculation

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

Waystream Holding 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
=( (20.671 + 60.293) / 2 ) / 37.473*365
=40.482 / 37.473*365
=394.31

Waystream Holding AB's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (50.046 + 60.293) / 2 ) / 6.042*365 / 4
=55.1695 / 6.042*365 / 4
=833.20

* 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.


Waystream Holding AB  (OSTO:WAYS) 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.

Waystream Holding AB's Inventory Turnover for the three months ended in Dec. 2023 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.

Waystream Holding AB's Inventory to Revenue for the three months ended in Dec. 2023 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.


Waystream Holding AB Days Inventory Related Terms

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


Waystream Holding AB (OSTO:WAYS) Business Description

Traded in Other Exchanges
N/A
Address
Farogatan 33, Kista, SWE, SE-164 51
Waystream Holding AB is involved in developing and selling broadband equipment in Sweden. Its products include IP/MPLS Edge Router and BNG, L2 Gigabit Ethernet, L3 Gigabit Ethernet Switch, L2/L3 aggregation switch, and Optical accessories.