GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Veteranpoolen AB (FRA:QI5) » Definitions » Days Inventory

Veteranpoolen AB (FRA:QI5) Days Inventory : 0.74 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Veteranpoolen AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Veteranpoolen AB's Average Total Inventories for the three months ended in Mar. 2024 was €0.04 Mil. Veteranpoolen AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €5.33 Mil. Hence, Veteranpoolen AB's Days Inventory for the three months ended in Mar. 2024 was 0.74.

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

FRA:QI5' s Days Inventory Range Over the Past 10 Years
Min: 0.29   Med: 0.78   Max: 1.38
Current: 0.7

During the past 7 years, Veteranpoolen AB's highest Days Inventory was 1.38. The lowest was 0.29. And the median was 0.78.

FRA:QI5's Days Inventory is ranked better than
91.62% of 680 companies
in the Business Services industry
Industry Median: 28.965 vs FRA:QI5: 0.70

Veteranpoolen AB's Days Inventory declined from Mar. 2023 (0.78) to Mar. 2024 (0.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Veteranpoolen AB's Inventory Turnover for the three months ended in Mar. 2024 was 123.91.

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. Veteranpoolen AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Veteranpoolen AB Days Inventory Historical Data

The historical data trend for Veteranpoolen 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.

Veteranpoolen AB Days Inventory Chart

Veteranpoolen AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 0.29 1.00 1.40 0.82 0.74

Veteranpoolen 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 0.78 0.52 0.55 1.80 0.74

Competitive Comparison of Veteranpoolen AB's Days Inventory

For the Staffing & Employment Services subindustry, Veteranpoolen 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.


Veteranpoolen AB's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Veteranpoolen AB's Days Inventory distribution charts can be found below:

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



Veteranpoolen AB Days Inventory Calculation

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

Veteranpoolen 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
=( (0.046 + 0.041) / 2 ) / 21.523*365
=0.0435 / 21.523*365
=0.74

Veteranpoolen 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
=( (0.041 + 0.045) / 2 ) / 5.328*365 / 4
=0.043 / 5.328*365 / 4
=0.74

* 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.


Veteranpoolen AB  (FRA:QI5) 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.

Veteranpoolen 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.

Veteranpoolen 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.


Veteranpoolen AB Days Inventory Related Terms

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


Veteranpoolen AB (FRA:QI5) Business Description

Traded in Other Exchanges
Address
Hantverksgatan 30, Kungsbacka, SWE, 434 42
Veteranpoolen AB is a Sweden-based company serving as an employer for retirees. The company offers various business services such as staffing, economics and administration, property management, sale and customer service, office, warehousing, logistics and industry, cleaning and others. In addition, it also provides private services including clean up, gardening supervision, carpentry, painting, putting windows or helping older in everyday life.

Veteranpoolen AB (FRA:QI5) Headlines

No Headlines