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Polyplank AB (OSTO:POLY) Days Inventory : 387.49 (As of Mar. 2024)


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What is Polyplank AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polyplank AB's Average Total Inventories for the three months ended in Mar. 2024 was kr8.06 Mil. Polyplank AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1.90 Mil. Hence, Polyplank AB's Days Inventory for the three months ended in Mar. 2024 was 387.49.

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

OSTO:POLY' s Days Inventory Range Over the Past 10 Years
Min: 113.29   Med: 174.08   Max: 326.6
Current: 315.02

During the past 13 years, Polyplank AB's highest Days Inventory was 326.60. The lowest was 113.29. And the median was 174.08.

OSTO:POLY's Days Inventory is ranked worse than
92.4% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs OSTO:POLY: 315.02

Polyplank AB's Days Inventory increased from Mar. 2023 (221.83) to Mar. 2024 (387.49). It might indicate that Polyplank AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polyplank AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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. Polyplank AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.29.


Polyplank AB Days Inventory Historical Data

The historical data trend for Polyplank 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.

Polyplank AB Days Inventory Chart

Polyplank AB 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 195.26 155.46 185.72 239.70 241.81

Polyplank AB 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 221.83 351.18 313.73 248.89 387.49

Competitive Comparison of Polyplank AB's Days Inventory

For the Building Products & Equipment subindustry, Polyplank 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.


Polyplank AB's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Polyplank AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Polyplank AB's Days Inventory falls into.



Polyplank AB Days Inventory Calculation

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

Polyplank 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
=( (10.86 + 8.135) / 2 ) / 14.336*365
=9.4975 / 14.336*365
=241.81

Polyplank 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
=( (8.135 + 7.993) / 2 ) / 1.899*365 / 4
=8.064 / 1.899*365 / 4
=387.49

* 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.


Polyplank AB  (OSTO:POLY) 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.

Polyplank 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.

Polyplank 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.


Polyplank AB Days Inventory Related Terms

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


Polyplank AB (OSTO:POLY) Business Description

Traded in Other Exchanges
Address
Storgatan 123, Farjestaden, SWE, 386 35
Polyplank AB manufacture unique composite profiles without additives. The company's offers noise barriers, separators and fences, environmental buildings, balconies, decking profile, beach plank and composite profiles for other applications.