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Seafire AB (OSTO:SEAF) Days Inventory : 117.54 (As of Mar. 2024)


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What is Seafire AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seafire AB's Average Total Inventories for the three months ended in Mar. 2024 was kr228.0 Mil. Seafire AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr177.0 Mil. Hence, Seafire AB's Days Inventory for the three months ended in Mar. 2024 was 117.54.

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

OSTO:SEAF' s Days Inventory Range Over the Past 10 Years
Min: 46.49   Med: 101.96   Max: 524.75
Current: 111.97

During the past 11 years, Seafire AB's highest Days Inventory was 524.75. The lowest was 46.49. And the median was 101.96.

OSTO:SEAF's Days Inventory is ranked worse than
60% of 170 companies
in the Asset Management industry
Industry Median: 76.295 vs OSTO:SEAF: 111.97

Seafire AB's Days Inventory increased from Mar. 2023 (111.08) to Mar. 2024 (117.54). It might indicate that Seafire AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seafire AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.78.

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. Seafire AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.04.


Seafire AB Days Inventory Historical Data

The historical data trend for Seafire 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.

Seafire AB Days Inventory Chart

Seafire AB Annual Data
Trend Dec09 Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.74 97.36 104.08 101.03 103.95

Seafire 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 111.08 100.33 122.62 109.59 117.54

Competitive Comparison of Seafire AB's Days Inventory

For the Asset Management subindustry, Seafire 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.


Seafire AB's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Seafire AB's Days Inventory distribution charts can be found below:

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



Seafire AB Days Inventory Calculation

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

Seafire 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
=( (216 + 230) / 2 ) / 783*365
=223 / 783*365
=103.95

Seafire 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
=( (230 + 226) / 2 ) / 177*365 / 4
=228 / 177*365 / 4
=117.54

* 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.


Seafire AB  (OSTO:SEAF) 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.

Seafire 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.

Seafire 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.


Seafire AB Days Inventory Related Terms

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


Seafire AB (OSTO:SEAF) Business Description

Traded in Other Exchanges
N/A
Address
Norrlandsgatan 14, 1 tr, Stockholm, SWE, SE-111 43
Seafire AB is a Sweden based company engaged in acquiring and developing companies with proven business models and market positions and brands.

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