SAABY (Saab AB) Days Inventory : 123.58 (As of Dec. 2024)

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What is Saab AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saab AB's Average Total Inventories for the three months ended in Dec. 2024 was $2,042 Mil. Saab AB's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,508 Mil. Hence, Saab AB's Days Inventory for the three months ended in Dec. 2024 was 123.58.

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

SAABY' s Days Inventory Range Over the Past 10 Years
Min: 97.53 Med: 128.02 Max: 143.31
Current: 143.31

During the past 13 years, Saab AB's highest Days Inventory was 143.31. The lowest was 97.53. And the median was 128.02.

SAABY's Days Inventory is ranked worse than
50.51% of 293 companies
in the Aerospace & Defense industry
Industry Median: 142.58 vs SAABY: 143.31

Saab AB's Days Inventory increased from Dec. 2023 (116.45) to Dec. 2024 (123.58). It might indicate that Saab AB's sales slowed down.

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 Dec. 2024 was 0.74.

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 Dec. 2024 was 1.08.

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.

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Saab AB Days Inventory Chart

Saab AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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119.84

134.16

151.25

139.38

145.02

Saab AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															116.45	146.01	148.59	174.83	123.58

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.

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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. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1636.445	+	1986.8)	/	2 )	/	4559.672	*	365
=	1811.6225					/	4559.672	*	365
=	145.02

Saab AB's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2097.37	+	1986.8)	/	2 )	/	1507.875	*	365 / 4
=	2042.085					/	1507.875	*	365 / 4
=	123.58

Saab AB (OTCPK:SAABY) 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 Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1507.875	/	2042.085
	=	0.74

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 Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2042.085	/	1898.043
	=	1.08

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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Saab AB (OTCPK:SAABY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SAABF:USA SAAB B:Sweden SAABBs:UK 0GWL:UK SDV1:Germany

Address

Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22

Website

https://www.saab.com

Saab supplies products and services for military, defense, and civil security. The company operates in four segments: aeronautics, dynamics, surveillance, and Kockums. Aeronautics involves the manufacturing and support of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. Surveillance supplies security services, and creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three fourths of Saab's sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.