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Boliden AB (Boliden AB) Days Inventory : 127.82 (As of Mar. 2024)


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What is Boliden AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Boliden AB's Average Total Inventories for the three months ended in Mar. 2024 was $2,193 Mil. Boliden AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,566 Mil. Hence, Boliden AB's Days Inventory for the three months ended in Mar. 2024 was 127.82.

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

BDNNY' s Days Inventory Range Over the Past 10 Years
Min: 80.68   Med: 101.78   Max: 128.87
Current: 128.87

During the past 13 years, Boliden AB's highest Days Inventory was 128.87. The lowest was 80.68. And the median was 101.78.

BDNNY's Days Inventory is ranked worse than
71.86% of 661 companies
in the Metals & Mining industry
Industry Median: 88.64 vs BDNNY: 128.87

Boliden AB's Days Inventory declined from Mar. 2023 (136.71) to Mar. 2024 (127.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Boliden AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.71.

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. Boliden AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.24.


Boliden AB Days Inventory Historical Data

The historical data trend for Boliden 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.

Boliden AB Days Inventory Chart

Boliden 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 108.46 104.24 109.67 114.46 118.42

Boliden AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 136.71 140.23 136.81 111.30 127.82

Competitive Comparison of Boliden AB's Days Inventory

For the Other Industrial Metals & Mining subindustry, Boliden 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.


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

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

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



Boliden AB Days Inventory Calculation

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

Boliden 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
=( (2146.656 + 2143.484) / 2 ) / 6611.391*365
=2145.07 / 6611.391*365
=118.42

Boliden 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
=( (2143.484 + 2243.332) / 2 ) / 1565.895*365 / 4
=2193.408 / 1565.895*365 / 4
=127.82

* 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.


Boliden AB  (OTCPK:BDNNY) 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.

Boliden 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.

Boliden 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.


Boliden AB Days Inventory Related Terms

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


Boliden AB (Boliden AB) Business Description

Traded in Other Exchanges
Address
Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20
Boliden AB operates six mining areas and five smelters in Sweden, Norway, Finland, and Ireland. The company primarily processes zinc, copper, gold, lead, and silver and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: business area smelters and business area mines. The business area mines division comprises six mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kylylahti and Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines.

Boliden AB (Boliden AB) Headlines