Yubico AB (OSTO:YUBICO) Days Inventory : 509.10 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Yubico AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Yubico AB's Average Total Inventories for the three months ended in Mar. 2024 was kr539 Mil. Yubico AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr97 Mil. Hence, Yubico AB's Days Inventory for the three months ended in Mar. 2024 was 509.10.

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

OSTO:YUBICO' s Days Inventory Range Over the Past 10 Years
Min: 251.04 Med: 354.86 Max: 696.7
Current: 696.7

During the past 4 years, Yubico AB's highest Days Inventory was 696.70. The lowest was 251.04. And the median was 354.86.

OSTO:YUBICO's Days Inventory is ranked worse than
98.01% of 1560 companies
in the Software industry
Industry Median: 18.935 vs OSTO:YUBICO: 696.70

Yubico AB's Days Inventory increased from Mar. 2023 (183.70) to Mar. 2024 (509.10). It might indicate that Yubico 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. Yubico AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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. Yubico AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.07.

Yubico AB Days Inventory Historical Data

The historical data trend for Yubico 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.

Yubico AB Days Inventory Chart

Yubico AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

251.04

458.68

Yubico AB Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial								183.70	-	687.96	443.51	509.10

Competitive Comparison of Yubico AB's Days Inventory

For the Software - Infrastructure subindustry, Yubico 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.

Yubico AB's Days Inventory Distribution in the Software Industry

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

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

Yubico AB Days Inventory Calculation

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

Yubico 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
=	( (168.3	+	501)	/	2 )	/	266.3	*	365
=	334.65					/	266.3	*	365
=	458.68

Yubico 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
=	( (501	+	576.9)	/	2 )	/	96.6	*	365 / 4
=	538.95					/	96.6	*	365 / 4
=	509.10

Yubico AB (OSTO:YUBICO) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	96.6	/	538.95
	=	0.18

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	538.95	/	504.4
	=	1.07

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.

Yubico AB Days Inventory Related Terms

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

Yubico AB (OSTO:YUBICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yubico AB (OSTO:YUBICO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

0FE:Germany

Address

Kungsgatan 44, Stockholm, SWE, 111 35

Website

https://www.yubico.com

Yubico AB is a leader in setting global standards for secure access to computers, mobile devices, servers, browsers, and internet accounts. Yubico is a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F) open authentication standards, and is a pioneer in delivering modern, hardware-based passkey authentication security at scale to customers in over 160 countries. It is a global cybersecurity company and inventor of the YubiKey, which offers the gold standard for phishing-resistant multi-factor authentication (MFA).

Yubico AB (OSTO:YUBICO) Headlines

No Headlines