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Gomero Group AB (XSAT:GOMERO) Days Inventory : 144.59 (As of Dec. 2023)


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What is Gomero Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gomero Group AB's Average Total Inventories for the three months ended in Dec. 2023 was kr7.02 Mil. Gomero Group AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr4.43 Mil. Hence, Gomero Group AB's Days Inventory for the three months ended in Dec. 2023 was 144.59.

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

XSAT:GOMERO' s Days Inventory Range Over the Past 10 Years
Min: 110.3   Med: 165.28   Max: 213.99
Current: 191.37

During the past 7 years, Gomero Group AB's highest Days Inventory was 213.99. The lowest was 110.30. And the median was 165.28.

XSAT:GOMERO's Days Inventory is ranked worse than
73.89% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs XSAT:GOMERO: 191.37

Gomero Group AB's Days Inventory declined from Dec. 2022 (194.73) to Dec. 2023 (144.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gomero Group AB's Inventory Turnover for the three months ended in Dec. 2023 was 0.63.

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. Gomero Group AB's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.


Gomero Group AB Days Inventory Historical Data

The historical data trend for Gomero 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.

* Premium members only.

Gomero Group AB Days Inventory Chart

Gomero Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 213.99 147.04 165.28 171.79 173.57

Gomero 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 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 194.73 286.15 160.58 236.03 144.59

Competitive Comparison of Gomero Group AB's Days Inventory

For the Pollution & Treatment Controls subindustry, Gomero 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.


Gomero Group AB's Days Inventory Distribution in the Industrial Products Industry

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

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



Gomero Group AB Days Inventory Calculation

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

Gomero 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
=( (6.073 + 0) / 1 ) / 12.771*365
=6.073 / 12.771*365
=173.57

Gomero 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
=( (7.021 + 0) / 1 ) / 4.431*365 / 4
=7.021 / 4.431*365 / 4
=144.59

* 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.


Gomero Group AB  (XSAT:GOMERO) 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.

Gomero Group 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.

Gomero Group 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.


Gomero Group AB Days Inventory Related Terms

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


Gomero Group AB (XSAT:GOMERO) Business Description

Traded in Other Exchanges
N/A
Address
Kampegatan 16, Gothenburg, SWE, 411 04
Gomero Group AB is engaged in the energy sector. The company develops technical systems and associated services to be able to predict and automate maintenance in various industrial processes. The firm offers technically connected products for measurement, control and data analysis. Its customers are found in energy distribution, energy storage and energy production as well as in the electricity-intensive industry.

Gomero Group AB (XSAT:GOMERO) Headlines

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