Days Inventory is also known as Days Sales of Inventory (DSI). Bjorn Borg AB's Average Total Inventories for the
three
months ended in Dec. 2023 was kr167.4 Mil. Bjorn Borg AB's Cost of Goods Sold for the
three
months ended in Dec. 2023 was kr85.4 Mil.
Hence, Bjorn Borg AB's Days Inventory for the
three
months ended in Dec. 2023 was 179.00.
The historical rank and industry rank for Bjorn Borg AB's Days Inventory or its related term are showing as below:
OSTO:BORG'
s Days Inventory Range Over the Past 10 Years
Min: 57.16 Med: 136.04 Max: 175.39
Current: 157.75
During the past 13 years, Bjorn Borg AB's highest Days Inventory was 175.39. The lowest was 57.16. And the median was 136.04.
OSTO:BORG's Days Inventory is ranked worse than 59.7% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14
vs OSTO:BORG: 157.75
Bjorn Borg AB's Days Inventory
increased
from Dec. 2022 (178.14) to Dec. 2023 (179.00).
It might indicate that Bjorn Borg AB's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Bjorn Borg AB's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.51.
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.
Bjorn Borg AB's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.85.
Bjorn Borg AB Days Inventory Historical Data
The historical data trend for Bjorn Borg 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.
Competitive Comparison of Bjorn Borg AB's Days Inventory
For the Apparel Manufacturing subindustry, Bjorn Borg 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.
Bjorn Borg AB's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bjorn Borg AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where Bjorn Borg AB's Days Inventory falls into.
Bjorn Borg AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Bjorn Borg AB's Days Inventory for the fiscal year that 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.
Bjorn Borg AB (OSTO:BORG) 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.
Bjorn Borg AB's Inventory Turnover for the
three
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.
Bjorn Borg AB's Inventory to Revenue for the
three
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.
Bjorn Borg AB Days Inventory Related Terms
Thank you for viewing the detailed overview of Bjorn Borg AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.
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