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Freetrailer Group A/S (XSAT:FREETR) Days Inventory : 9.92 (As of Dec. 2023)


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What is Freetrailer Group A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Freetrailer Group A/S's Average Total Inventories for the three months ended in Dec. 2023 was kr1.53 Mil. Freetrailer Group A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was kr14.06 Mil. Hence, Freetrailer Group A/S's Days Inventory for the three months ended in Dec. 2023 was 9.92.

The historical rank and industry rank for Freetrailer Group A/S's Days Inventory or its related term are showing as below:

XSAT:FREETR' s Days Inventory Range Over the Past 10 Years
Min: 28.93   Med: 54.28   Max: 95.79
Current: 40.7

During the past 7 years, Freetrailer Group A/S's highest Days Inventory was 95.79. The lowest was 28.93. And the median was 54.28.

XSAT:FREETR's Days Inventory is ranked worse than
55.43% of 682 companies
in the Business Services industry
Industry Median: 29.735 vs XSAT:FREETR: 40.70

Freetrailer Group A/S's Days Inventory declined from Dec. 2022 (99.21) to Dec. 2023 (9.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Freetrailer Group A/S's Inventory Turnover for the three months ended in Dec. 2023 was 9.20.

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. Freetrailer Group A/S's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Freetrailer Group A/S Days Inventory Historical Data

The historical data trend for Freetrailer Group A/S'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.

Freetrailer Group A/S Days Inventory Chart

Freetrailer Group A/S Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial 28.93 54.28 64.05 95.79 54.77

Freetrailer Group A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 99.21 91.69 51.96 15.13 9.92

Competitive Comparison of Freetrailer Group A/S's Days Inventory

For the Rental & Leasing Services subindustry, Freetrailer Group A/S'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.


Freetrailer Group A/S's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Freetrailer Group A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Freetrailer Group A/S's Days Inventory falls into.



Freetrailer Group A/S Days Inventory Calculation

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

Freetrailer Group A/S's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (10.107 + 1.974) / 2 ) / 40.252*365
=6.0405 / 40.252*365
=54.77

Freetrailer Group A/S's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.914 + 1.141) / 2 ) / 14.055*365 / 4
=1.5275 / 14.055*365 / 4
=9.92

* 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.


Freetrailer Group A/S  (XSAT:FREETR) 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.

Freetrailer Group A/S's Inventory Turnover for the three months ended in Dec. 2023 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.

Freetrailer Group A/S's Inventory to Revenue for the three months ended in Dec. 2023 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.


Freetrailer Group A/S Days Inventory Related Terms

Thank you for viewing the detailed overview of Freetrailer Group A/S's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Freetrailer Group A/S (XSAT:FREETR) Business Description

Traded in Other Exchanges
Address
Mollevej 67-69, Gladsaxe, Soborg, DNK, 2860
Freetrailer Group A/S is a Danish tech company that allows people to hire different types of trailers and cargo bikes on a rental basis through its technology platform. Some of the products that people can hire through its platform are Closed trailer, Open trailer, Open 2 axle trailer and Trio eBike.

Freetrailer Group A/S (XSAT:FREETR) Headlines

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