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Infortar AS (OTSE:INF1T) Days Inventory : 43.64 (As of Dec. 2023)


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What is Infortar AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Infortar AS's Average Total Inventories for the six months ended in Dec. 2023 was €112 Mil. Infortar AS's Cost of Goods Sold for the six months ended in Dec. 2023 was €935 Mil. Hence, Infortar AS's Days Inventory for the six months ended in Dec. 2023 was 21.82.

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

OTSE:INF1T' s Days Inventory Range Over the Past 10 Years
Min: 28.75   Med: 50.34   Max: 94.23
Current: 43.64

During the past 4 years, Infortar AS's highest Days Inventory was 94.23. The lowest was 28.75. And the median was 50.34.

OTSE:INF1T's Days Inventory is ranked better than
63.69% of 168 companies
in the Asset Management industry
Industry Median: 77.38 vs OTSE:INF1T: 43.64

Infortar AS's Days Inventory declined from Dec. 2021 (57.03) to Dec. 2023 (43.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Infortar AS's Inventory Turnover for the six months ended in Dec. 2023 was 8.36.

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. Infortar AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.

Infortar AS Days Inventory Historical Data

The historical data trend for Infortar AS'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.

Infortar AS Days Inventory Chart

Infortar AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
94.23 57.03 28.75 43.64

Infortar AS Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Days Inventory 94.23 57.03 28.75 43.64

Competitive Comparison of Infortar AS's Days Inventory

For the Asset Management subindustry, Infortar AS'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.

Infortar AS's Days Inventory Distribution in the Asset Management Industry

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

* The bar in red indicates where Infortar AS's Days Inventory falls into.


Infortar AS Days Inventory Calculation

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

Infortar AS'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
=( (76.752 + 146.884) / 2 ) / 935.153*365
=111.818 / 935.153*365
=43.64

Infortar AS's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (76.752 + 146.884) / 2 ) / 935.153*365 / 2
=111.818 / 935.153*365 / 2
=21.82

* 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.

Infortar AS  (OTSE:INF1T) 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.

Infortar AS's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=935.153 / 111.818
=8.36

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.

Infortar AS's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=111.818 / 1084.626
=0.10

* 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.

Infortar AS Days Inventory Related Terms

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

Infortar AS (OTSE:INF1T) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Infortar AS (OTSE:INF1T) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
X8K:Germany
Address
Sadama 5, Tallinn, EST, 10111
Website
https://www.infortar.ee
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

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