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Billerud AB (OSTO:BILL) Days Inventory : 105.40 (As of Mar. 2024)


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What is Billerud AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Billerud AB's Average Total Inventories for the three months ended in Mar. 2024 was kr6,285 Mil. Billerud AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr5,441 Mil. Hence, Billerud AB's Days Inventory for the three months ended in Mar. 2024 was 105.40.

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

OSTO:BILL' s Days Inventory Range Over the Past 10 Years
Min: 95.48   Med: 101.9   Max: 113.47
Current: 113.47

During the past 13 years, Billerud AB's highest Days Inventory was 113.47. The lowest was 95.48. And the median was 101.90.

OSTO:BILL's Days Inventory is ranked worse than
67.99% of 278 companies
in the Forest Products industry
Industry Median: 88.235 vs OSTO:BILL: 113.47

Billerud AB's Days Inventory declined from Mar. 2023 (110.31) to Mar. 2024 (105.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Billerud AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.87.

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. Billerud AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.60.


Billerud AB Days Inventory Historical Data

The historical data trend for Billerud 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.

Billerud AB Days Inventory Chart

Billerud 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 96.80 101.83 103.67 102.83 108.83

Billerud 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 110.31 116.70 113.63 113.00 105.40

Competitive Comparison of Billerud AB's Days Inventory

For the Paper & Paper Products subindustry, Billerud 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.


Billerud AB's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Billerud AB's Days Inventory distribution charts can be found below:

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



Billerud AB Days Inventory Calculation

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

Billerud 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
=( (7232 + 6053) / 2 ) / 22278*365
=6642.5 / 22278*365
=108.83

Billerud 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
=( (6053 + 6516) / 2 ) / 5441*365 / 4
=6284.5 / 5441*365 / 4
=105.40

* 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.


Billerud AB  (OSTO:BILL) 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.

Billerud 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.

Billerud 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.


Billerud AB Days Inventory Related Terms

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


Billerud AB (OSTO:BILL) Business Description

Address
Evenemangsgatan 17, Solna, P.O. Box 703, Stockholm, SWE, SE-169 27
Billerud AB produces a variety of packaging, paper, and board products. Billerud organizes itself into three segments: Board product area, Paper product area and Solutions and Other.