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Rovsing AS (STU:RVY) Days Inventory : 126.83 (As of Jun. 2024)


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What is Rovsing AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rovsing AS's Average Total Inventories for the six months ended in Jun. 2024 was €0.68 Mil. Rovsing AS's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.98 Mil. Hence, Rovsing AS's Days Inventory for the six months ended in Jun. 2024 was 126.83.

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

STU:RVY' s Days Inventory Range Over the Past 10 Years
Min: 51.19   Med: 130.41   Max: 360.9
Current: 140.5

During the past 13 years, Rovsing AS's highest Days Inventory was 360.90. The lowest was 51.19. And the median was 130.41.

STU:RVY's Days Inventory is ranked better than
52.72% of 294 companies
in the Aerospace & Defense industry
Industry Median: 145.87 vs STU:RVY: 140.50

Rovsing AS's Days Inventory declined from Jun. 2023 (172.67) to Jun. 2024 (126.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rovsing AS's Inventory Turnover for the six months ended in Jun. 2024 was 1.44.

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. Rovsing AS's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.24.


Rovsing AS Days Inventory Historical Data

The historical data trend for Rovsing 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.

* Premium members only.

Rovsing AS Days Inventory Chart

Rovsing AS Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 192.91 120.31 204.40 212.27 140.44

Rovsing AS Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 225.74 173.21 172.67 159.13 126.83

Competitive Comparison of Rovsing AS's Days Inventory

For the Aerospace & Defense subindustry, Rovsing 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.


Rovsing AS's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rovsing AS's Days Inventory distribution charts can be found below:

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



Rovsing AS Days Inventory Calculation

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

Rovsing AS's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.624 + 0.695) / 2 ) / 1.714*365
=0.6595 / 1.714*365
=140.44

Rovsing AS's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.663 + 0.695) / 2 ) / 0.977*365 / 2
=0.679 / 0.977*365 / 2
=126.83

* 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.


Rovsing AS  (STU:RVY) 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.

Rovsing AS's Inventory Turnover for the six months ended in Jun. 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.

Rovsing AS's Inventory to Revenue for the six months ended in Jun. 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.


Rovsing AS Days Inventory Related Terms

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


Rovsing AS Business Description

Traded in Other Exchanges
Address
Ejby Industrivej 34-38, Glostrup, DNK, 2600
Rovsing A/S develops, manufactures and delivers systems for functional and electrical testing of spacecrafts and their payloads. The company's products and systems are used for testing of spacecraft sub-systems, including external communication connections and instruments. Its products are modular and are sold either on a stand-alone basis or used as modules in system solutions, customized for the specific spacecraft application. In connection with the configuration of system solutions, third parties' products are also used, and software is configured for the individual spacecraft needs.

Rovsing AS Headlines

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