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Nolato AB (Nolato AB) Days Inventory : 53.50 (As of Mar. 2024)


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What is Nolato AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nolato AB's Average Total Inventories for the three months ended in Mar. 2024 was $114.8 Mil. Nolato AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $195.8 Mil. Hence, Nolato AB's Days Inventory for the three months ended in Mar. 2024 was 53.50.

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

NLTBF' s Days Inventory Range Over the Past 10 Years
Min: 25.38   Med: 33.29   Max: 55.34
Current: 55.34

During the past 13 years, Nolato AB's highest Days Inventory was 55.34. The lowest was 25.38. And the median was 33.29.

NLTBF's Days Inventory is ranked better than
60.18% of 452 companies
in the Conglomerates industry
Industry Median: 75.05 vs NLTBF: 55.34

Nolato AB's Days Inventory declined from Mar. 2023 (55.49) to Mar. 2024 (53.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nolato AB's Inventory Turnover for the three months ended in Mar. 2024 was 1.71.

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. Nolato AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Nolato AB Days Inventory Historical Data

The historical data trend for Nolato 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.

Nolato AB Days Inventory Chart

Nolato AB 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 34.42 32.94 41.70 54.93 54.77

Nolato 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 55.49 55.60 56.12 55.93 53.50

Competitive Comparison of Nolato AB's Days Inventory

For the Conglomerates subindustry, Nolato 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.


Nolato AB's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nolato AB's Days Inventory distribution charts can be found below:

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



Nolato AB Days Inventory Calculation

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

Nolato 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
=( (123.627 + 116.596) / 2 ) / 800.382*365
=120.1115 / 800.382*365
=54.77

Nolato 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
=( (116.596 + 113.05) / 2 ) / 195.845*365 / 4
=114.823 / 195.845*365 / 4
=53.50

* 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.


Nolato AB  (OTCPK:NLTBF) 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.

Nolato 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.

Nolato 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.


Nolato AB Days Inventory Related Terms

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


Nolato AB (Nolato AB) Business Description

Traded in Other Exchanges
Address
Nolatovagen 32, Torekov, SWE, SE-269 78
Nolato AB is a Swedish company that develops and manufactures plastic, silicone, and thermoplastic elastomer products. The firm's operations are organized into three segments based on end market: Medical, which develops complex product systems, components, and packaging solutions for pharmaceuticals and supplements; Integrated, which develops subsystems for mobile phones; and Industrial, which develops systems for the automotive, hygiene, packaging, and furniture industries. Roughly a third of the firm's revenue is generated in the Rest of Europe.

Nolato AB (Nolato AB) Headlines