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Aalborg Boldspilklub A/S (LTS:0RTV) Days Inventory : 55.77 (As of Dec. 2023)


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What is Aalborg Boldspilklub A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aalborg Boldspilklub A/S's Average Total Inventories for the six months ended in Dec. 2023 was kr3.18 Mil. Aalborg Boldspilklub A/S's Cost of Goods Sold for the six months ended in Dec. 2023 was kr10.40 Mil. Hence, Aalborg Boldspilklub A/S's Days Inventory for the six months ended in Dec. 2023 was 55.77.

The historical rank and industry rank for Aalborg Boldspilklub A/S's Days Inventory or its related term are showing as below:

LTS:0RTV' s Days Inventory Range Over the Past 10 Years
Min: 7.4   Med: 15.35   Max: 46.15
Current: 46.15

During the past 13 years, Aalborg Boldspilklub A/S's highest Days Inventory was 46.15. The lowest was 7.40. And the median was 15.35.

LTS:0RTV's Days Inventory is ranked worse than
54.55% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs LTS:0RTV: 46.15

Aalborg Boldspilklub A/S's Days Inventory increased from Dec. 2022 (49.08) to Dec. 2023 (55.77). It might indicate that Aalborg Boldspilklub A/S's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aalborg Boldspilklub A/S's Inventory Turnover for the six months ended in Dec. 2023 was 3.27.

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. Aalborg Boldspilklub A/S's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.10.


Aalborg Boldspilklub A/S Days Inventory Historical Data

The historical data trend for Aalborg Boldspilklub A/S'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.

Aalborg Boldspilklub A/S Days Inventory Chart

Aalborg Boldspilklub A/S 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 14.76 15.51 26.11 37.88 38.42

Aalborg Boldspilklub A/S Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 29.06 42.95 49.08 46.01 55.77

Competitive Comparison of Aalborg Boldspilklub A/S's Days Inventory

For the Leisure subindustry, Aalborg Boldspilklub A/S'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.


Aalborg Boldspilklub A/S's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Aalborg Boldspilklub A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aalborg Boldspilklub A/S's Days Inventory falls into.



Aalborg Boldspilklub A/S Days Inventory Calculation

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

Aalborg Boldspilklub A/S'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
=( (3.237 + 2.085) / 2 ) / 25.281*365
=2.661 / 25.281*365
=38.42

Aalborg Boldspilklub A/S'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.268 + 2.085) / 2 ) / 10.395*365 / 2
=3.1765 / 10.395*365 / 2
=55.77

* 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.


Aalborg Boldspilklub A/S  (LTS:0RTV) 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.

Aalborg Boldspilklub A/S's Inventory Turnover for the six 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.

Aalborg Boldspilklub A/S's Inventory to Revenue for the six 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.


Aalborg Boldspilklub A/S Days Inventory Related Terms

Thank you for viewing the detailed overview of Aalborg Boldspilklub A/S's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Aalborg Boldspilklub A/S (LTS:0RTV) Business Description

Traded in Other Exchanges
Address
Hornevej 2, Aalborg East, DNK, 9220
Aalborg Boldspilklub A/S is a Denamrk based firm which is engaged in entertainment and sports activities, Its operations includes organisation and operation of sports such as football, ice hockey, rental of function rooms and lounges for conferences & leases out facilities as sports hotels.

Aalborg Boldspilklub A/S (LTS:0RTV) Headlines

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