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Aixia Group AB (XSAT:AIXIA B) Days Inventory : 0.01 (As of Mar. 2024)


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What is Aixia Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aixia Group AB's Average Total Inventories for the three months ended in Mar. 2024 was kr0.0 Mil. Aixia Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr186.6 Mil. Hence, Aixia Group AB's Days Inventory for the three months ended in Mar. 2024 was 0.01.

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

XSAT:AIXIA B' s Days Inventory Range Over the Past 10 Years
Min: 0.03   Med: 0.24   Max: 1.56
Current: 0.03

During the past 9 years, Aixia Group AB's highest Days Inventory was 1.56. The lowest was 0.03. And the median was 0.24.

XSAT:AIXIA B's Days Inventory is ranked better than
99.3% of 1561 companies
in the Software industry
Industry Median: 19.5 vs XSAT:AIXIA B: 0.03

Aixia Group AB's Days Inventory declined from Mar. 2023 (0.30) to Mar. 2024 (0.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aixia Group AB's Inventory Turnover for the three months ended in Mar. 2024 was 6,784.62.

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. Aixia Group AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Aixia Group AB Days Inventory Historical Data

The historical data trend for Aixia Group 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.

Aixia Group AB Days Inventory Chart

Aixia Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.09 0.17 0.10 0.16 0.24

Aixia Group 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 0.30 0.08 0.05 0.06 0.01

Competitive Comparison of Aixia Group AB's Days Inventory

For the Information Technology Services subindustry, Aixia Group 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.


Aixia Group AB's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Aixia Group AB's Days Inventory distribution charts can be found below:

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



Aixia Group AB Days Inventory Calculation

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

Aixia Group 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
=( (0.111 + 0.018) / 2 ) / 96.408*365
=0.0645 / 96.408*365
=0.24

Aixia Group 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
=( (0.018 + 0.037) / 2 ) / 186.577*365 / 4
=0.0275 / 186.577*365 / 4
=0.01

* 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.


Aixia Group AB  (XSAT:AIXIA 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.

Aixia Group 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.

Aixia Group 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.


Aixia Group AB Days Inventory Related Terms

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


Aixia Group AB (XSAT:AIXIA B) Business Description

Traded in Other Exchanges
N/A
Address
Taljegårdsgatan 11, Mölndal, SWE, 43153
Aixia Group AB is an IT company. It conducted operations in the construction and development of IT, which includes, among other things, AI/Deep Learning platforms, data centers, security, management, hosting, network & communication and backup/DR. The company delivers products, solutions and expertise in, among other things, the following business areas; AI solutions and services, Enterprise IT infrastructure, IT operation and hosting, IT products/solutions and currently has around 120 customers distributed across the country within a wide range of different industries.

Aixia Group AB (XSAT:AIXIA B) Headlines

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