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Midsummer AB (STU:5UX) Days Inventory : 0.00 (As of Mar. 2024)


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What is Midsummer AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Midsummer AB's Average Total Inventories for the three months ended in Mar. 2024 was €2.86 Mil. Midsummer AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €-0.11 Mil.

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

During the past 8 years, Midsummer AB's highest Days Inventory was 594.26. The lowest was 82.09. And the median was 172.29.

STU:5UX's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 130.195
* Ranked among companies with meaningful Days Inventory only.

Midsummer AB's Days Inventory declined from Mar. 2023 (271.53) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Midsummer AB's Inventory Turnover for the three months ended in Mar. 2024 was -0.04.

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. Midsummer AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 3.93.


Midsummer AB Days Inventory Historical Data

The historical data trend for Midsummer 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.

Midsummer AB Days Inventory Chart

Midsummer AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 186.93 514.64 155.91 135.29 598.34

Midsummer AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 271.53 98.71 229.01 - -

Competitive Comparison of Midsummer AB's Days Inventory

For the Solar subindustry, Midsummer 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.


Midsummer AB's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Midsummer AB's Days Inventory distribution charts can be found below:

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



Midsummer AB Days Inventory Calculation

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

Midsummer AB'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
=( (1.862 + 2.787) / 2 ) / 1.418*365
=2.3245 / 1.418*365
=598.34

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

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2.787 + 2.924) / 2 ) / -0.106*365 / 4
=2.8555 / -0.106*365 / 4
=N/A

* 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.


Midsummer AB  (STU:5UX) 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.

Midsummer 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.

Midsummer 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.


Midsummer AB Days Inventory Related Terms

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


Midsummer AB (STU:5UX) Business Description

Traded in Other Exchanges
Address
Elektronikhojden 6, Jarfalla, SWE, 175 43
Midsummer AB is a supplier of equipment for cost-effective manufacturing of CIGS thin film solar cells. The company manufactures solar panels which can be attached on any type of surfaces, such as, membrane roofs, portable power plants, marine installations, vehicle usage, landfill covers or other infrastructure projects.

Midsummer AB (STU:5UX) Headlines

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