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Lovisagruvan AB (XSAT:LOVI) Days Inventory : 0.00 (As of Mar. 2024)


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What is Lovisagruvan AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lovisagruvan AB's Average Total Inventories for the three months ended in Mar. 2024 was kr14.24 Mil. Lovisagruvan AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr-3.30 Mil.

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

During the past 13 years, Lovisagruvan AB's highest Days Inventory was 386.63. The lowest was 39.28. And the median was 113.78.

XSAT:LOVI's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.02
* Ranked among companies with meaningful Days Inventory only.

Lovisagruvan AB's Days Inventory declined from Mar. 2023 (84.59) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lovisagruvan AB's Inventory Turnover for the three months ended in Mar. 2024 was -0.23.

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.


Lovisagruvan AB Days Inventory Historical Data

The historical data trend for Lovisagruvan 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.

Lovisagruvan AB Days Inventory Chart

Lovisagruvan AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.28 96.88 55.93 129.96 386.63

Lovisagruvan AB Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Dec18 Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 84.59 - - 218.27 -

Competitive Comparison of Lovisagruvan AB's Days Inventory

For the Other Industrial Metals & Mining subindustry, Lovisagruvan 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.


Lovisagruvan AB's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lovisagruvan AB's Days Inventory distribution charts can be found below:

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



Lovisagruvan AB Days Inventory Calculation

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

Lovisagruvan 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
=( (7.694 + 14.235) / 2 ) / 10.351*365
=10.9645 / 10.351*365
=386.63

Lovisagruvan 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
=( (14.235 + 0) / 1 ) / -3.3*365 / 4
=14.235 / -3.3*365 / 4
=N/A

* 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.


Lovisagruvan AB  (XSAT:LOVI) 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.

Lovisagruvan 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.

Lovisagruvan 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.


Lovisagruvan AB Days Inventory Related Terms

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


Lovisagruvan AB (XSAT:LOVI) Business Description

Traded in Other Exchanges
N/A
Address
Lokevagen 21, Djursholm, SWE, 182 61
Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.

Lovisagruvan AB (XSAT:LOVI) Headlines

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