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ZetaDisplay AB (OSTO:ZETA PREF.PFD) Days Inventory : 32.77 (As of Sep. 2021)


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What is ZetaDisplay AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ZetaDisplay AB's Average Total Inventories for the three months ended in Sep. 2021 was kr11.56 Mil. ZetaDisplay AB's Cost of Goods Sold for the three months ended in Sep. 2021 was kr32.19 Mil. Hence, ZetaDisplay AB's Days Inventory for the three months ended in Sep. 2021 was 32.77.

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

OSTO:ZETA PREF.PFD' s Days Inventory Range Over the Past 10 Years
Min: 20.26   Med: 41.83   Max: 108.42
Current: 25.05

During the past 12 years, ZetaDisplay AB's highest Days Inventory was 108.42. The lowest was 20.26. And the median was 41.83.

OSTO:ZETA PREF.PFD's Days Inventory is not ranked
in the Media - Diversified industry.
Industry Median: 26.37 vs OSTO:ZETA PREF.PFD: 25.05

ZetaDisplay AB's Days Inventory increased from Sep. 2020 (20.54) to Sep. 2021 (32.77). It might indicate that ZetaDisplay AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZetaDisplay AB's Inventory Turnover for the three months ended in Sep. 2021 was 2.78.

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. ZetaDisplay AB's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.11.


ZetaDisplay AB Days Inventory Historical Data

The historical data trend for ZetaDisplay 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.

ZetaDisplay AB Days Inventory Chart

ZetaDisplay AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.51 43.64 21.86 21.31 20.26

ZetaDisplay AB Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 20.54 17.22 26.59 23.38 32.77

Competitive Comparison of ZetaDisplay AB's Days Inventory

For the Advertising Agencies subindustry, ZetaDisplay 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.


ZetaDisplay AB's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ZetaDisplay AB's Days Inventory distribution charts can be found below:

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



ZetaDisplay AB Days Inventory Calculation

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

ZetaDisplay AB's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (9.779 + 6.132) / 2 ) / 143.292*365
=7.9555 / 143.292*365
=20.26

ZetaDisplay AB's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (10.861 + 12.257) / 2 ) / 32.187*365 / 4
=11.559 / 32.187*365 / 4
=32.77

* 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.


ZetaDisplay AB  (OSTO:ZETA PREF.PFD) 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.

ZetaDisplay AB's Inventory Turnover for the three months ended in Sep. 2021 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.

ZetaDisplay AB's Inventory to Revenue for the three months ended in Sep. 2021 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.


ZetaDisplay AB Days Inventory Related Terms

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


ZetaDisplay AB (OSTO:ZETA PREF.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Höjdrodergatan 21, Malmö, SWE, 212 39
ZetaDisplay AB is a full-service digital signage provider. It offers its systems to retail stores and other public environments, such as shopping centers, hotels, and airports. It provides hardware, and promotional content that is shown on the displays. The company operates in in Sweden, Denmark, Norway, Finland, the Baltic States and Holland.

ZetaDisplay AB (OSTO:ZETA PREF.PFD) Headlines

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