Saunum Group AS (OTSE:SAUNA) Days Inventory : 202.24 (As of Jun. 2023)

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What is Saunum Group AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saunum Group AS's Average Total Inventories for the six months ended in Jun. 2023 was €0.76 Mil. Saunum Group AS's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.68 Mil. Hence, Saunum Group AS's Days Inventory for the six months ended in Jun. 2023 was 202.24.

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

OTSE:SAUNA' s Days Inventory Range Over the Past 10 Years
Min: 121.49 Med: 260.46 Max: 699.58
Current: 267.31

During the past 4 years, Saunum Group AS's highest Days Inventory was 699.58. The lowest was 121.49. And the median was 260.46.

OTSE:SAUNA's Days Inventory is ranked worse than
89.66% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs OTSE:SAUNA: 267.31

Saunum Group AS's Days Inventory declined from Jun. 2022 (228.86) to Jun. 2023 (202.24).

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. Saunum Group AS's Inventory Turnover for the six months ended in Jun. 2023 was 0.90.

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. Saunum Group AS's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.39.

Saunum Group AS Days Inventory Historical Data

The historical data trend for Saunum Group 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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Saunum Group AS Days Inventory Chart

Saunum Group AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

699.58

209.45

121.49

311.46

Saunum Group AS Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial			-	-	228.86	413.35	202.24

Competitive Comparison of Saunum Group AS's Days Inventory

For the Building Products & Equipment subindustry, Saunum Group 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.

Saunum Group AS's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saunum Group AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Saunum Group AS's Days Inventory falls into.

Saunum Group AS Days Inventory Calculation

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

Saunum Group AS's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.543	+	0.795)	/	2 )	/	0.784	*	365
=	0.669					/	0.784	*	365
=	311.46

Saunum Group AS's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.795	+	0.721)	/	2 )	/	0.684	*	365 / 2
=	0.758					/	0.684	*	365 / 2
=	202.24

Saunum Group AS (OTSE:SAUNA) 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.

Saunum Group AS's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.684	/	0.758
	=	0.90

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.

Saunum Group AS's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.758	/	1.937
	=	0.39

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.

Saunum Group AS Days Inventory Related Terms

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

Saunum Group AS (OTSE:SAUNA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Saunum Group AS (OTSE:SAUNA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parnu mnt 478b, Harju county, Tallinn, EST, 10913

Website

https://www.saunum.com/et

Saunum Group AS is an Estonian company that develops and manufactures unique indoor sauna air conditioners and heaters with patented technology in the world. The main activity is the development, production, and so on of the mentioned devices. The company's products include Heaters, Air conditioners, Control devices, and salt balls.

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