GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » High Coast Distillery AB (OSTO:HIGHCO B) » Definitions » Days Inventory

High Coast Distillery AB (OSTO:HIGHCO B) Days Inventory : 0.00 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is High Coast Distillery AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). High Coast Distillery AB's Average Total Inventories for the three months ended in Mar. 2024 was kr123.16 Mil. High Coast Distillery AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr-1.51 Mil.

The historical rank and industry rank for High Coast Distillery AB's Days Inventory or its related term are showing as below:

OSTO:HIGHCO B' s Days Inventory Range Over the Past 10 Years
Min: 5931.54   Med: 8379.53   Max: 921150.5
Current: 921150.5

During the past 4 years, High Coast Distillery AB's highest Days Inventory was 921150.50. The lowest was 5931.54. And the median was 8379.53.

OSTO:HIGHCO B's Days Inventory is ranked worse than
100% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 158.99 vs OSTO:HIGHCO B: 921150.50

High Coast Distillery AB's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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. High Coast Distillery AB's Inventory Turnover for the three months ended in Mar. 2024 was -0.01.

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. High Coast Distillery AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 11.81.


High Coast Distillery AB Days Inventory Historical Data

The historical data trend for High Coast Distillery 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.

* Premium members only.

High Coast Distillery AB Days Inventory Chart

High Coast Distillery AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
6,760.81 5,931.54 9,998.25 198,535.61

High Coast Distillery AB Quarterly Data
Dec20 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 - - 10,086.52 19,573.21 -

Competitive Comparison of High Coast Distillery AB's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, High Coast Distillery 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.


High Coast Distillery AB's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, High Coast Distillery AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where High Coast Distillery AB's Days Inventory falls into.



High Coast Distillery AB Days Inventory Calculation

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

High Coast Distillery AB'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
=( (99.558 + 120.191) / 2 ) / 0.20200000000001*365
=109.8745 / 0.20200000000001*365
=198,535.61

High Coast Distillery AB'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
=( (120.191 + 126.12) / 2 ) / -1.509*365 / 4
=123.1555 / -1.509*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.


High Coast Distillery AB  (OSTO:HIGHCO 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.

High Coast Distillery AB'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.

High Coast Distillery AB'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.


High Coast Distillery AB Days Inventory Related Terms

Thank you for viewing the detailed overview of High Coast Distillery AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


High Coast Distillery AB (OSTO:HIGHCO B) Business Description

Traded in Other Exchanges
N/A
Address
Sörviken 140, Bjärtrå, SWE, 872 96
High Coast Distillery AB (publ) manufactures, stores, bottles, markets and sells single malt whiskey.

High Coast Distillery AB (OSTO:HIGHCO B) Headlines

No Headlines