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Viking Supply Ships AB (OSTO:VSSAB B) Days Inventory : 14.89 (As of Mar. 2024)


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What is Viking Supply Ships AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viking Supply Ships AB's Average Total Inventories for the three months ended in Mar. 2024 was kr27.9 Mil. Viking Supply Ships AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr171.0 Mil. Hence, Viking Supply Ships AB's Days Inventory for the three months ended in Mar. 2024 was 14.89.

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

OSTO:VSSAB B' s Days Inventory Range Over the Past 10 Years
Min: 6.61   Med: 11.02   Max: 16.03
Current: 15.12

During the past 13 years, Viking Supply Ships AB's highest Days Inventory was 16.03. The lowest was 6.61. And the median was 11.02.

OSTO:VSSAB B's Days Inventory is ranked worse than
60.44% of 781 companies
in the Transportation industry
Industry Median: 11.4 vs OSTO:VSSAB B: 15.12

Viking Supply Ships AB's Days Inventory increased from Mar. 2023 (14.32) to Mar. 2024 (14.89). It might indicate that Viking Supply Ships AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Viking Supply Ships AB's Inventory Turnover for the three months ended in Mar. 2024 was 6.13.

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. Viking Supply Ships AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


Viking Supply Ships AB Days Inventory Historical Data

The historical data trend for Viking Supply Ships 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.

Viking Supply Ships AB Days Inventory Chart

Viking Supply Ships 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 9.30 6.61 8.90 12.52 16.03

Viking Supply Ships 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 14.32 - - 15.99 14.89

Competitive Comparison of Viking Supply Ships AB's Days Inventory

For the Marine Shipping subindustry, Viking Supply Ships 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.


Viking Supply Ships AB's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Viking Supply Ships AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where Viking Supply Ships AB's Days Inventory falls into.



Viking Supply Ships AB Days Inventory Calculation

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

Viking Supply Ships 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
=( (21.495 + 27.901) / 2 ) / 562.23*365
=24.698 / 562.23*365
=16.03

Viking Supply Ships 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
=( (27.901 + 0) / 1 ) / 171*365 / 4
=27.901 / 171*365 / 4
=14.89

* 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.


Viking Supply Ships AB  (OSTO:VSSAB 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.

Viking Supply Ships 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.

Viking Supply Ships 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.


Viking Supply Ships AB Days Inventory Related Terms

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


Viking Supply Ships AB (OSTO:VSSAB B) Business Description

Traded in Other Exchanges
N/A
Address
Idrottsvagen 1, Stenungsund, SWE, 444 31
Viking Supply Ships AB offers offshore and icebreaking services to oil-prospecting customers in the North Sea, Arctic, and Subarctic waters. It operates in four segments: Ice-classed AHTS (Anchor Handling Tug Supply), Ice-classed PSV, Ice Management & Services, and Ship Management. The company's geographical segments are Denmark, Norway, Russia, Poland, the United Kingdom, the Netherlands, Cyprus, the USA, Sweden, and the Rest of the world. Geographically majority of revenue derives from the UK followed by Sweden.

Viking Supply Ships AB (OSTO:VSSAB B) Headlines

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