Soiltech ASA (STU:6YA) Days Inventory : 1.16 (As of Dec. 2024)

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What is Soiltech ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Soiltech ASA's Average Total Inventories for the three months ended in Dec. 2024 was €0.01 Mil. Soiltech ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was €1.02 Mil. Hence, Soiltech ASA's Days Inventory for the three months ended in Dec. 2024 was 1.16.

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

STU:6YA' s Days Inventory Range Over the Past 10 Years
Min: 1.31 Med: 1.83 Max: 2.59
Current: 1.5

During the past 4 years, Soiltech ASA's highest Days Inventory was 2.59. The lowest was 1.31. And the median was 1.83.

STU:6YA's Days Inventory is ranked better than
93.67% of 221 companies
in the Waste Management industry
Industry Median: 20.87 vs STU:6YA: 1.50

Soiltech ASA's Days Inventory increased from Sep. 2023 (0.00) to Dec. 2024 (1.16). It might indicate that Soiltech ASA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Soiltech ASA's Inventory Turnover for the three months ended in Dec. 2024 was 78.38.

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. Soiltech ASA's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.

Soiltech ASA Days Inventory Historical Data

The historical data trend for Soiltech ASA'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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Soiltech ASA Days Inventory Chart

Soiltech ASA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Inventory

2.62

1.96

1.35

Soiltech ASA Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial			-	3.08	1.00	1.20	1.16

Competitive Comparison of Soiltech ASA's Days Inventory

For the Waste Management subindustry, Soiltech ASA'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.

Soiltech ASA's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Soiltech ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Soiltech ASA's Days Inventory falls into.

Soiltech ASA Days Inventory Calculation

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

Soiltech ASA'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
=	( (0.014	+	0)	/	1 )	/	3.781	*	365
=	0.014					/	3.781	*	365
=	1.35

Soiltech ASA'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
=	( (0.013	+	0)	/	1 )	/	1.019	*	365 / 4
=	0.013					/	1.019	*	365 / 4
=	1.16

Soiltech ASA (STU:6YA) 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.

Soiltech ASA's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.019	/	0.013
	=	78.38

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.

Soiltech ASA's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.013	/	6.86
	=	0.00

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.

Soiltech ASA Days Inventory Related Terms

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

Soiltech ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Soiltech ASA (STU:6YA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

STECH:Norway

Address

Koppholen 25, Sandnes, NOR, 4313

Website

https://www.soiltech.no

Soiltech ASA is specializing in the treatment, recycling, and responsible handling of contaminated water and solid industrial waste streams at the site. Its services are Slop treatment, Water treatment, Cutting handling, Cutting treatment, Swarf treatment, Cleaning services, and Other services.

Soiltech ASA Headlines

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