GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Christian Berner Tech Trade AB (CHIX:CBTTBs) » Definitions » Days Inventory

Christian Berner Tech Trade AB (CHIX:CBTTBS) Days Inventory : 50.34 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Christian Berner Tech Trade AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Christian Berner Tech Trade AB's Average Total Inventories for the three months ended in Mar. 2024 was kr84.0 Mil. Christian Berner Tech Trade AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr152.3 Mil. Hence, Christian Berner Tech Trade AB's Days Inventory for the three months ended in Mar. 2024 was 50.34.

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

CHIX:CBTTBs' s Days Inventory Range Over the Past 10 Years
Min: 26.16   Med: 42.71   Max: 58.95
Current: 54.31

During the past 13 years, Christian Berner Tech Trade AB's highest Days Inventory was 58.95. The lowest was 26.16. And the median was 42.71.

CHIX:CBTTBs's Days Inventory is ranked better than
86.74% of 2904 companies
in the Industrial Products industry
Industry Median: 120.69 vs CHIX:CBTTBs: 54.31

Christian Berner Tech Trade AB's Days Inventory declined from Mar. 2023 (52.75) to Mar. 2024 (50.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Christian Berner Tech Trade AB's Inventory Turnover for the three months ended in Mar. 2024 was 1.81.

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. Christian Berner Tech Trade AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.


Christian Berner Tech Trade AB Days Inventory Historical Data

The historical data trend for Christian Berner Tech Trade 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.

Christian Berner Tech Trade AB Days Inventory Chart

Christian Berner Tech Trade 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 49.10 54.01 58.95 57.14 52.60

Christian Berner Tech Trade 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 52.75 54.26 57.48 55.39 50.34

Competitive Comparison of Christian Berner Tech Trade AB's Days Inventory

For the Specialty Industrial Machinery subindustry, Christian Berner Tech Trade 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.


Christian Berner Tech Trade AB's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Christian Berner Tech Trade AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Christian Berner Tech Trade AB's Days Inventory falls into.



Christian Berner Tech Trade AB Days Inventory Calculation

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

Christian Berner Tech Trade 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
=( (77.658 + 85.478) / 2 ) / 566.031*365
=81.568 / 566.031*365
=52.60

Christian Berner Tech Trade 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
=( (85.478 + 82.502) / 2 ) / 152.251*365 / 4
=83.99 / 152.251*365 / 4
=50.34

* 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.


Christian Berner Tech Trade AB  (CHIX:CBTTBs) 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.

Christian Berner Tech Trade 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.

Christian Berner Tech Trade 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.


Christian Berner Tech Trade AB Days Inventory Related Terms

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


Christian Berner Tech Trade AB (CHIX:CBTTBS) Business Description

Traded in Other Exchanges
Address
Designvagen 1, Box 88, Molnlycke, SWE, SE-435 22
Christian Berner Tech Trade AB is a technology trading company. It simplifies the decision-making process for customers by offering analysis of the customer's technical requirements, development, installation & service in the fields of processing, construction and engineering industries. The company's products include vibration and noise-damping materials, filter and process technology, UV aggregates and industrial equipment.

Christian Berner Tech Trade AB (CHIX:CBTTBS) Headlines

No Headlines