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Nilfisk Holding A/S (OCSE:NLFSK) Days Inventory : 124.83 (As of Mar. 2024)


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What is Nilfisk Holding A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nilfisk Holding A/S's Average Total Inventories for the three months ended in Mar. 2024 was kr1,537 Mil. Nilfisk Holding A/S's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,124 Mil. Hence, Nilfisk Holding A/S's Days Inventory for the three months ended in Mar. 2024 was 124.83.

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

OCSE:NLFSK' s Days Inventory Range Over the Past 10 Years
Min: 103.99   Med: 113.86   Max: 126.59
Current: 126.59

During the past 10 years, Nilfisk Holding A/S's highest Days Inventory was 126.59. The lowest was 103.99. And the median was 113.86.

OCSE:NLFSK's Days Inventory is ranked worse than
52.83% of 2913 companies
in the Industrial Products industry
Industry Median: 120.53 vs OCSE:NLFSK: 126.59

Nilfisk Holding A/S's Days Inventory declined from Mar. 2023 (131.84) to Mar. 2024 (124.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nilfisk Holding A/S's Inventory Turnover for the three months ended in Mar. 2024 was 0.73.

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. Nilfisk Holding A/S's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.80.


Nilfisk Holding A/S Days Inventory Historical Data

The historical data trend for Nilfisk Holding 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.

Nilfisk Holding A/S Days Inventory Chart

Nilfisk Holding A/S 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 112.72 121.13 113.86 124.07 125.52

Nilfisk Holding A/S 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 131.84 120.20 131.56 126.75 124.83

Competitive Comparison of Nilfisk Holding A/S's Days Inventory

For the Specialty Industrial Machinery subindustry, Nilfisk Holding 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.


Nilfisk Holding A/S's Days Inventory Distribution in the Industrial Products Industry

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

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



Nilfisk Holding A/S Days Inventory Calculation

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

Nilfisk Holding 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
=( (1638.181 + 1494.414) / 2 ) / 4554.795*365
=1566.2975 / 4554.795*365
=125.52

Nilfisk Holding A/S'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
=( (1494.414 + 1579.991) / 2 ) / 1123.665*365 / 4
=1537.2025 / 1123.665*365 / 4
=124.83

* 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.


Nilfisk Holding A/S  (OCSE:NLFSK) 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.

Nilfisk Holding A/S'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.

Nilfisk Holding A/S'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.


Nilfisk Holding A/S Days Inventory Related Terms

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


Nilfisk Holding A/S (OCSE:NLFSK) Business Description

Traded in Other Exchanges
Address
Kornmarksvej 1, Brondby, DNK, DK-2605
Nilfisk Holding A/S through its subsidiaries manufactures and produces cleaning equipment. The product offered by the group includes floor-cleaning machines, high-pressure cleaners, industrial vacuum cleaners, and outdoor cleaning equipment. In addition, the firm also provides after-sales service for the professional cleaning industry. The operating segments of the organization are Europe, Americas, APAC, Consumer, Private Label and other. Geographically the activities are carried out throughout the region of Denmark.

Nilfisk Holding A/S (OCSE:NLFSK) Headlines

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