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Scandinavian Astor Group AB (XSAT:ASTOR) Days Inventory : 423.24 (As of Mar. 2024)


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What is Scandinavian Astor Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scandinavian Astor Group AB's Average Total Inventories for the three months ended in Mar. 2024 was kr61.1 Mil. Scandinavian Astor Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr13.2 Mil. Hence, Scandinavian Astor Group AB's Days Inventory for the three months ended in Mar. 2024 was 423.24.

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

XSAT:ASTOR' s Days Inventory Range Over the Past 10 Years
Min: 644.68   Med: 839.17   Max: 1007.27
Current: 644.68

During the past 2 years, Scandinavian Astor Group AB's highest Days Inventory was 1007.27. The lowest was 644.68. And the median was 839.17.

XSAT:ASTOR's Days Inventory is ranked worse than
95.14% of 288 companies
in the Aerospace & Defense industry
Industry Median: 139.24 vs XSAT:ASTOR: 644.68

Scandinavian Astor Group AB's Days Inventory declined from Mar. 2023 (824.68) to Mar. 2024 (423.24).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scandinavian Astor Group AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.22.

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. Scandinavian Astor Group AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.68.


Scandinavian Astor Group AB Days Inventory Historical Data

The historical data trend for Scandinavian Astor Group 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.

Scandinavian Astor Group AB Days Inventory Chart

Scandinavian Astor Group AB Annual Data
Trend Dec22 Dec23
Days Inventory
1,007.27 671.06

Scandinavian Astor Group AB Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only 824.68 500.28 444.02 1,123.40 423.24

Competitive Comparison of Scandinavian Astor Group AB's Days Inventory

For the Aerospace & Defense subindustry, Scandinavian Astor Group 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.


Scandinavian Astor Group AB's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Scandinavian Astor Group AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Scandinavian Astor Group AB's Days Inventory falls into.



Scandinavian Astor Group AB Days Inventory Calculation

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

Scandinavian Astor Group 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
=( (38.98 + 58.491) / 2 ) / 26.508*365
=48.7355 / 26.508*365
=671.06

Scandinavian Astor Group 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
=( (58.491 + 63.625) / 2 ) / 13.164*365 / 4
=61.058 / 13.164*365 / 4
=423.24

* 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.


Scandinavian Astor Group AB  (XSAT:ASTOR) 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.

Scandinavian Astor Group 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.

Scandinavian Astor Group 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.


Scandinavian Astor Group AB Days Inventory Related Terms

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Scandinavian Astor Group AB (XSAT:ASTOR) Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 9, Kista, Stockholm, SWE, 164 40
Scandinavian Astor Group AB is a Swedish industrial and defense group. The company's industrial part manufactures advanced composite solutions on behalf of customers with applications in the marine, aviation, and defense industries. The military part develops, produces, and sells radar jamming systems for training purposes.

Scandinavian Astor Group AB (XSAT:ASTOR) Headlines

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