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SkiStar AB (OSTO:SKIS B) Days Inventory : 48.28 (As of Feb. 2024)


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What is SkiStar AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SkiStar AB's Average Total Inventories for the three months ended in Feb. 2024 was kr494 Mil. SkiStar AB's Cost of Goods Sold for the three months ended in Feb. 2024 was kr934 Mil. Hence, SkiStar AB's Days Inventory for the three months ended in Feb. 2024 was 48.28.

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

OSTO:SKIS B' s Days Inventory Range Over the Past 10 Years
Min: 34.2   Med: 50.21   Max: 73.25
Current: 73.25

During the past 13 years, SkiStar AB's highest Days Inventory was 73.25. The lowest was 34.20. And the median was 50.21.

OSTO:SKIS B's Days Inventory is ranked worse than
63.04% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs OSTO:SKIS B: 73.25

SkiStar AB's Days Inventory increased from Feb. 2023 (39.71) to Feb. 2024 (48.28). It might indicate that SkiStar AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SkiStar AB's Inventory Turnover for the three months ended in Feb. 2024 was 1.89.

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. SkiStar AB's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.20.


SkiStar AB Days Inventory Historical Data

The historical data trend for SkiStar 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.

SkiStar AB Days Inventory Chart

SkiStar AB Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.38 50.99 50.26 48.65 59.81

SkiStar AB Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 39.71 53.61 120.89 153.96 48.28

Competitive Comparison of SkiStar AB's Days Inventory

For the Resorts & Casinos subindustry, SkiStar 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.


SkiStar AB's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkiStar AB's Days Inventory distribution charts can be found below:

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



SkiStar AB Days Inventory Calculation

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

SkiStar AB's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (295.904 + 390.986) / 2 ) / 2095.81*365
=343.445 / 2095.81*365
=59.81

SkiStar AB's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (527.214 + 461.359) / 2 ) / 934.196*365 / 4
=494.2865 / 934.196*365 / 4
=48.28

* 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.


SkiStar AB  (OSTO:SKIS 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.

SkiStar AB's Inventory Turnover for the three months ended in Feb. 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.

SkiStar AB's Inventory to Revenue for the three months ended in Feb. 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.


SkiStar AB Days Inventory Related Terms

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


SkiStar AB (OSTO:SKIS B) Business Description

Traded in Other Exchanges
Address
Salfjallsgarden, Salen, SWE, 78067
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, in Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has its own online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the below segments Operation of Mountain Resorts; Property Development and Operation of Hotels. The company also manages accommodation properties for hire, owns the land for development.

SkiStar AB (OSTO:SKIS B) Headlines

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