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Candles Scandinavia B (OSTO:CANDLE B) Days Inventory : 0.00 (As of Jan. 2024)


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What is Candles Scandinavia B Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Candles Scandinavia B's Average Total Inventories for the three months ended in Jan. 2024 was kr54.0 Mil. Candles Scandinavia B's Cost of Goods Sold for the three months ended in Jan. 2024 was kr0.0 Mil.

The historical rank and industry rank for Candles Scandinavia B's Days Inventory or its related term are showing as below:

During the past 3 years, Candles Scandinavia B's highest Days Inventory was 290.27. The lowest was 194.72. And the median was 204.00.

OSTO:CANDLE B's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.835
* Ranked among companies with meaningful Days Inventory only.

Candles Scandinavia B's Days Inventory stayed the same from Jan. 2023 (0.00) to Jan. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Candles Scandinavia B's Inventory Turnover for the three months ended in Jan. 2024 was 0.00.

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. Candles Scandinavia B's Inventory-to-Revenue for the three months ended in Jan. 2024 was 1.33.


Candles Scandinavia B Days Inventory Historical Data

The historical data trend for Candles Scandinavia B'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.

Candles Scandinavia B Days Inventory Chart

Candles Scandinavia B Annual Data
Trend Apr20 Apr21 Apr22
Days Inventory
290.27 204.00 194.72

Candles Scandinavia B Quarterly Data
Apr20 Jul20 Jan21 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 - - - - -

Competitive Comparison of Candles Scandinavia B's Days Inventory

For the Household & Personal Products subindustry, Candles Scandinavia B'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.


Candles Scandinavia B's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candles Scandinavia B's Days Inventory distribution charts can be found below:

* The bar in red indicates where Candles Scandinavia B's Days Inventory falls into.



Candles Scandinavia B Days Inventory Calculation

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

Candles Scandinavia B's Days Inventory for the fiscal year that ended in Apr. 2022 is calculated as

Days Inventory (A: Apr. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2021 ) + Total Inventories (A: Apr. 2022 )) / count ) / Cost of Goods Sold (A: Apr. 2022 )*Days in Period
=( (39.323 + 64.889) / 2 ) / 97.673*365
=52.106 / 97.673*365
=194.72

Candles Scandinavia B'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
=( (57.187 + 50.849) / 2 ) / 0*365 / 4
=54.018 / 0*365 / 4
=N/A

* 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.


Candles Scandinavia B  (OSTO:CANDLE B) 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.

Candles Scandinavia B'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.

Candles Scandinavia B'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.


Candles Scandinavia B Days Inventory Related Terms

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


Candles Scandinavia B (OSTO:CANDLE B) Business Description

Traded in Other Exchanges
N/A
Address
Cv-Gatan 38 B, Orebro, SWE, 703 82
Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B (OSTO:CANDLE B) Headlines

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