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Harboes Bryggeri A/S (LTS:0ENE) Days Inventory : 52.98 (As of Jan. 2024)


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What is Harboes Bryggeri A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Harboes Bryggeri A/S's Average Total Inventories for the three months ended in Jan. 2024 was kr199 Mil. Harboes Bryggeri A/S's Cost of Goods Sold for the three months ended in Jan. 2024 was kr343 Mil. Hence, Harboes Bryggeri A/S's Days Inventory for the three months ended in Jan. 2024 was 52.98.

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

LTS:0ENE' s Days Inventory Range Over the Past 10 Years
Min: 45.95   Med: 51.14   Max: 54.3
Current: 50.93

During the past 13 years, Harboes Bryggeri A/S's highest Days Inventory was 54.30. The lowest was 45.95. And the median was 51.14.

LTS:0ENE's Days Inventory is ranked better than
87.92% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs LTS:0ENE: 50.93

Harboes Bryggeri A/S's Days Inventory declined from Jan. 2023 (56.12) to Jan. 2024 (52.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Harboes Bryggeri A/S's Inventory Turnover for the three months ended in Jan. 2024 was 1.72.

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. Harboes Bryggeri A/S's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.47.


Harboes Bryggeri A/S Days Inventory Historical Data

The historical data trend for Harboes Bryggeri 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.

Harboes Bryggeri A/S Days Inventory Chart

Harboes Bryggeri A/S Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.94 54.30 52.96 48.65 50.06

Harboes Bryggeri A/S Quarterly Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Jul20 Oct20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 56.12 53.84 47.77 48.75 52.98

Competitive Comparison of Harboes Bryggeri A/S's Days Inventory

For the Beverages - Brewers subindustry, Harboes Bryggeri 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.


Harboes Bryggeri A/S's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Harboes Bryggeri A/S's Days Inventory distribution charts can be found below:

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



Harboes Bryggeri A/S Days Inventory Calculation

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

Harboes Bryggeri A/S's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (164.926 + 205.368) / 2 ) / 1349.83*365
=185.147 / 1349.83*365
=50.06

Harboes Bryggeri A/S's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (191.853 + 206.272) / 2 ) / 342.86*365 / 4
=199.0625 / 342.86*365 / 4
=52.98

* 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.


Harboes Bryggeri A/S  (LTS:0ENE) 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.

Harboes Bryggeri A/S's Inventory Turnover for the three months ended in Jan. 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.

Harboes Bryggeri A/S's Inventory to Revenue for the three months ended in Jan. 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.


Harboes Bryggeri A/S Days Inventory Related Terms

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


Harboes Bryggeri A/S (LTS:0ENE) Business Description

Traded in Other Exchanges
Address
Spegerborgvej 34, Skælskør, DNK, 4230
Harboes Bryggeri A/S is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.

Harboes Bryggeri A/S (LTS:0ENE) Headlines

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