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Altero AB (XSAT:ATO B) Days Inventory : 741.76 (As of Sep. 2012)


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What is Altero AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Altero AB's Average Total Inventories for the three months ended in Sep. 2012 was kr3.15 Mil. Altero AB's Cost of Goods Sold for the three months ended in Sep. 2012 was kr0.39 Mil. Hence, Altero AB's Days Inventory for the three months ended in Sep. 2012 was 741.76.

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

XSAT:ATO B's Days Inventory is not ranked *
in the industry.
Industry Median:
* Ranked among companies with meaningful Days Inventory only.

Altero AB's Days Inventory increased from Jun. 2011 (256.98) to Sep. 2012 (741.76). It might indicate that Altero AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altero AB's Inventory Turnover for the three months ended in Sep. 2012 was 0.12.

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. Altero AB's Inventory-to-Revenue for the three months ended in Sep. 2012 was 8.69.

Altero AB Days Inventory Historical Data

The historical data trend for Altero 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.

Altero AB Days Inventory Chart

Altero AB Annual Data
Trend Dec08 Dec09 Dec10
Days Inventory
100.95 87.67 326.26

Altero AB Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Mar12 Jun12 Sep12
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 256.98 146.19 995.60 457.24 741.76

Competitive Comparison of Altero AB's Days Inventory

For the subindustry, Altero 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.

Altero AB's Days Inventory Distribution in the Industry

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

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


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Altero AB Days Inventory Calculation

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

Altero AB's Days Inventory for the fiscal year that ended in Dec. 2010 is calculated as

Days Inventory (A: Dec. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2009 ) + Total Inventories (A: Dec. 2010 )) / count ) / Cost of Goods Sold (A: Dec. 2010 )*Days in Period
=( (2.379 + 3.533) / 2 ) / 3.307*365
=2.956 / 3.307*365
=326.26

Altero AB's Days Inventory for the quarter that ended in Sep. 2012 is calculated as:

Days Inventory (Q: Sep. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Sep. 2012 )) / count ) / Cost of Goods Sold (Q: Sep. 2012 )*Days in Period
=( (3.043 + 3.265) / 2 ) / 0.388*365 / 4
=3.154 / 0.388*365 / 4
=741.76

* 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.

Altero AB  (XSAT:ATO B) 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.

Altero AB's Inventory Turnover for the three months ended in Sep. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.388 / 3.154
=0.12

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.

Altero AB's Inventory to Revenue for the three months ended in Sep. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.154 / 0.363
=8.69

* 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.

Altero AB Days Inventory Related Terms

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