Days Inventory is also known as Days Sales of Inventory (DSI). Saab AB's Average Total Inventories for the
three
months ended in Mar. 2024 was $1,706 Mil. Saab AB's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $1,066 Mil.
Hence, Saab AB's Days Inventory for the
three
months ended in Mar. 2024 was 146.01.
The historical rank and industry rank for Saab AB's Days Inventory or its related term are showing as below:
SAABF'
s Days Inventory Range Over the Past 10 Years
Min: 97.53 Med: 126.54 Max: 142.68
Current: 142.68
During the past 13 years, Saab AB's highest Days Inventory was 142.68. The lowest was 97.53. And the median was 126.54.
SAABF's Days Inventory is ranked worse than 50.52% of 289
companies
in the Aerospace & Defense industry
Industry Median: 141.95
vs SAABF: 142.68
Saab AB's Days Inventory
declined
from Mar. 2023 (149.97) to Mar. 2024 (146.01).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Saab AB's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.62.
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.
Saab AB's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.25.
Saab AB Days Inventory Historical Data
The historical data trend for Saab 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.
Competitive Comparison of Saab AB's Days Inventory
For the Aerospace & Defense subindustry, Saab 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.
Saab AB's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Saab AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where Saab AB's Days Inventory falls into.
Saab AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Saab AB's Days Inventory for the fiscal year that 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.
Saab AB (OTCPK:SAABF) 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.
Saab AB's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Saab AB's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Saab AB Days Inventory Related Terms
Thank you for viewing the detailed overview of Saab AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.
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