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FOM Technologies A/S (OCSE:FOM) Days Inventory : 103.14 (As of Dec. 2023)


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What is FOM Technologies A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FOM Technologies A/S's Average Total Inventories for the six months ended in Dec. 2023 was kr14.87 Mil. FOM Technologies A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr26.31 Mil. Hence, FOM Technologies A/S's Days Inventory for the six months ended in Dec. 2023 was 103.14.

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

OCSE:FOM' s Days Inventory Range Over the Past 10 Years
Min: 45.13   Med: 75.2   Max: 95.99
Current: 94.13

During the past 6 years, FOM Technologies A/S's highest Days Inventory was 95.99. The lowest was 45.13. And the median was 75.20.

OCSE:FOM's Days Inventory is ranked better than
65.16% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs OCSE:FOM: 94.13

FOM Technologies A/S's Days Inventory declined from Dec. 2022 (116.73) to Dec. 2023 (103.14).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. FOM Technologies A/S's Inventory Turnover for the six months ended in Dec. 2023 was 1.77.

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. FOM Technologies A/S's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.


FOM Technologies A/S Days Inventory Historical Data

The historical data trend for FOM Technologies 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.

FOM Technologies A/S Days Inventory Chart

FOM Technologies A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 54.71 79.53 45.13 70.86 95.99

FOM Technologies A/S Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 24.04 13.68 116.73 84.09 103.14

Competitive Comparison of FOM Technologies A/S's Days Inventory

For the Specialty Industrial Machinery subindustry, FOM Technologies 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.


FOM Technologies A/S's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FOM Technologies A/S's Days Inventory distribution charts can be found below:

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



FOM Technologies A/S Days Inventory Calculation

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

FOM Technologies A/S'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
=( (12.808 + 16.119) / 2 ) / 54.997*365
=14.4635 / 54.997*365
=95.99

FOM Technologies A/S's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (13.623 + 16.119) / 2 ) / 26.313*365 / 2
=14.871 / 26.313*365 / 2
=103.14

* 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.


FOM Technologies A/S  (OCSE:FOM) 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.

FOM Technologies A/S's Inventory Turnover for the six months ended in Dec. 2023 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.

FOM Technologies A/S's Inventory to Revenue for the six months ended in Dec. 2023 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.


FOM Technologies A/S Days Inventory Related Terms

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


FOM Technologies A/S (OCSE:FOM) Business Description

Traded in Other Exchanges
N/A
Address
Artillerivej 86, 1, Copenhagen, DNK, 2300
FOM Technologies A/S is engaged in the sale of machinery for material research. The company's products include Machines-rolls; Machines-sheets, and Slot-die-heads.

FOM Technologies A/S (OCSE:FOM) Headlines

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