Linda Nektar AS (OTSE:LINDA) Days Inventory : 115.04 (As of Jun. 2024)

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What is Linda Nektar AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Linda Nektar AS's Average Total Inventories for the six months ended in Jun. 2024 was €0.56 Mil. Linda Nektar AS's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.89 Mil. Hence, Linda Nektar AS's Days Inventory for the six months ended in Jun. 2024 was 115.04.

The historical rank and industry rank for Linda Nektar AS's Days Inventory or its related term are showing as below:

OTSE:LINDA' s Days Inventory Range Over the Past 10 Years
Min: 54.54 Med: 82.38 Max: 146.79
Current: 138.72

During the past 12 years, Linda Nektar AS's highest Days Inventory was 146.79. The lowest was 54.54. And the median was 82.38.

OTSE:LINDA's Days Inventory is ranked better than
55.83% of 206 companies
in the Beverages - Alcoholic industry
Industry Median: 157.465 vs OTSE:LINDA: 138.72

Linda Nektar AS's Days Inventory declined from Jun. 2023 (141.75) to Jun. 2024 (115.04).

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. Linda Nektar AS's Inventory Turnover for the six months ended in Jun. 2024 was 1.59.

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. Linda Nektar AS's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.40.

Linda Nektar AS Days Inventory Historical Data

The historical data trend for Linda Nektar AS'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.

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Linda Nektar AS Days Inventory Chart

Linda Nektar AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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112.96

109.79

72.40

75.22

146.79

Linda Nektar AS Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial															66.88	103.80	141.75	166.14	115.04

Competitive Comparison of Linda Nektar AS's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Linda Nektar AS'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.

Linda Nektar AS's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Linda Nektar AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Linda Nektar AS's Days Inventory falls into.

Linda Nektar AS Days Inventory Calculation

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

Linda Nektar AS'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
=	( (0.637	+	0.555)	/	2 )	/	1.482	*	365
=	0.596					/	1.482	*	365
=	146.79

Linda Nektar AS's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.555	+	0.567)	/	2 )	/	0.89	*	365 / 2
=	0.561					/	0.89	*	365 / 2
=	115.04

Linda Nektar AS (OTSE:LINDA) 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.

Linda Nektar AS's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.89	/	0.561
	=	1.59

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.

Linda Nektar AS's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.561	/	1.402
	=	0.40

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.

Linda Nektar AS Days Inventory Related Terms

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

Linda Nektar AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Linda Nektar AS (OTSE:LINDA) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Valga mnt 4, Antsla Vald, Vorumaa, Kobela, EST, 66407

Website

https://www.lindanektar.ee

Linda Nektar AS is engaged in the production of beverage solutions providing unpackaged fruit wines and ferments for the beverages industry. It Manufactures cider and other fruit wines. Geographic regions are Estonia, Finland, Lithuania, Latvia, and Other EU countries, and it generates its revenue from Estonia.

Linda Nektar AS Headlines

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