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Finepart Sweden AB (XSAT:FINE) Days Inventory : 914.11 (As of Dec. 2023)


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What is Finepart Sweden AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Finepart Sweden AB's Average Total Inventories for the three months ended in Dec. 2023 was kr10.21 Mil. Finepart Sweden AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1.02 Mil. Hence, Finepart Sweden AB's Days Inventory for the three months ended in Dec. 2023 was 914.11.

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

XSAT:FINE' s Days Inventory Range Over the Past 10 Years
Min: 74.72   Med: 192.66   Max: 925.85
Current: 436.6

During the past 10 years, Finepart Sweden AB's highest Days Inventory was 925.85. The lowest was 74.72. And the median was 192.66.

XSAT:FINE's Days Inventory is ranked worse than
95.57% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs XSAT:FINE: 436.60

Finepart Sweden AB's Days Inventory increased from Dec. 2022 (441.30) to Dec. 2023 (914.11). It might indicate that Finepart Sweden AB's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Finepart Sweden AB's Inventory Turnover for the three months ended in Dec. 2023 was 0.10.

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. Finepart Sweden AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 6.35.


Finepart Sweden AB Days Inventory Historical Data

The historical data trend for Finepart Sweden 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.

Finepart Sweden AB Days Inventory Chart

Finepart Sweden AB Annual Data
Trend Aug13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.30 74.72 192.66 77.23 407.01

Finepart Sweden AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 441.30 245.25 654.35 378.83 914.11

Competitive Comparison of Finepart Sweden AB's Days Inventory

For the Specialty Industrial Machinery subindustry, Finepart Sweden 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.


Finepart Sweden AB's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finepart Sweden AB's Days Inventory distribution charts can be found below:

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



Finepart Sweden AB Days Inventory Calculation

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

Finepart Sweden 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
=( (7.524 + 10.09) / 2 ) / 7.898*365
=8.807 / 7.898*365
=407.01

Finepart Sweden AB'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (10.326 + 10.09) / 2 ) / 1.019*365 / 4
=10.208 / 1.019*365 / 4
=914.11

* 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.


Finepart Sweden AB  (XSAT:FINE) 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.

Finepart Sweden AB's Inventory Turnover for the three months ended in Dec. 2023 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.

Finepart Sweden AB's Inventory to Revenue for the three months ended in Dec. 2023 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.


Finepart Sweden AB Days Inventory Related Terms

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


Finepart Sweden AB (XSAT:FINE) Business Description

Traded in Other Exchanges
N/A
Address
Rinnavagen 6, Bollebygd, SWE, SE-51733
Finepart Sweden AB provides fine and micro-abrasive waterjet machine for precision and micro cutting, drilling, milling and turning. The company products are used in medical technology, aerospace applications, fibre reinforced products, and micro components. Its product includes finecut WMC 500II, finecut options, and finespin.

Finepart Sweden AB (XSAT:FINE) Headlines

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