Hubso Group AB (XSAT:HUBSO) Days Inventory : 45.65 (As of Dec. 2023)

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What is Hubso Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hubso Group AB's Average Total Inventories for the three months ended in Dec. 2023 was kr5.94 Mil. Hubso Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr11.87 Mil. Hence, Hubso Group AB's Days Inventory for the three months ended in Dec. 2023 was 45.65.

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

XSAT:HUBSO' s Days Inventory Range Over the Past 10 Years
Min: 52.11 Med: 68.55 Max: 88.6
Current: 70.78

During the past 8 years, Hubso Group AB's highest Days Inventory was 88.60. The lowest was 52.11. And the median was 68.55.

XSAT:HUBSO's Days Inventory is ranked worse than
73.21% of 1560 companies
in the Software industry
Industry Median: 19.37 vs XSAT:HUBSO: 70.78

Hubso Group AB's Days Inventory declined from Dec. 2022 (57.88) to Dec. 2023 (45.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hubso Group AB's Inventory Turnover for the three months ended in Dec. 2023 was 2.00.

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. Hubso Group AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.54.

Hubso Group AB Days Inventory Historical Data

The historical data trend for Hubso 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.

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Hubso Group AB Days Inventory Chart

Hubso Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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88.60

70.64

66.45

52.11

Hubso Group 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															57.88	80.14	89.99	106.37	45.65

Competitive Comparison of Hubso Group AB's Days Inventory

For the Software - Application subindustry, Hubso 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.

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

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

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

Hubso Group AB Days Inventory Calculation

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

Hubso 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
=	( (5.574	+	4.262)	/	2 )	/	34.446	*	365
=	4.918					/	34.446	*	365
=	52.11

Hubso Group 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
=	( (7.614	+	4.262)	/	2 )	/	11.87	*	365 / 4
=	5.938					/	11.87	*	365 / 4
=	45.65

Hubso Group AB (XSAT:HUBSO) 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.

Hubso Group AB's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.87	/	5.938
	=	2.00

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.

Hubso Group AB's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.938	/	11.055
	=	0.54

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.

Hubso Group AB Days Inventory Related Terms

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

Hubso Group AB (XSAT:HUBSO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hubso Group AB (XSAT:HUBSO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sturegatan 32, Stockholm, SWE, 114 36

Website

https://www.hubso.com

Hubso Group AB is a Swedish company that offers web-based services. The company provides the following services - Image Optimization, which provides lower charging time to the sites, resulting in higher rankings with Google. It also makes the photos easier and lower the bandwidth usage. Other services provided by the company are Software optimization, Market Optimization, and Branding.

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