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Fastighets AB Balder (Fastighets AB Balder) Days Inventory : 298.24 (As of Mar. 2024)


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What is Fastighets AB Balder Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fastighets AB Balder's Average Total Inventories for the three months ended in Mar. 2024 was $268 Mil. Fastighets AB Balder's Cost of Goods Sold for the three months ended in Mar. 2024 was $82 Mil. Hence, Fastighets AB Balder's Days Inventory for the three months ended in Mar. 2024 was 298.24.

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

BALDF' s Days Inventory Range Over the Past 10 Years
Min: 319.78   Med: 390.72   Max: 489.49
Current: 364.82

During the past 13 years, Fastighets AB Balder's highest Days Inventory was 489.49. The lowest was 319.78. And the median was 390.72.

BALDF's Days Inventory is ranked better than
64.36% of 1330 companies
in the Real Estate industry
Industry Median: 699.495 vs BALDF: 364.82

Fastighets AB Balder's Days Inventory declined from Mar. 2023 (395.39) to Mar. 2024 (298.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fastighets AB Balder's Inventory Turnover for the three months ended in Mar. 2024 was 0.31.

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. Fastighets AB Balder's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.89.


Fastighets AB Balder Days Inventory Historical Data

The historical data trend for Fastighets AB Balder'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.

Fastighets AB Balder Days Inventory Chart

Fastighets AB Balder 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 372.53 464.22 473.86 435.34 369.30

Fastighets AB Balder 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 395.39 - - 307.90 298.24

Competitive Comparison of Fastighets AB Balder's Days Inventory

For the Real Estate - Diversified subindustry, Fastighets AB Balder'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.


Fastighets AB Balder's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fastighets AB Balder's Days Inventory distribution charts can be found below:

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



Fastighets AB Balder Days Inventory Calculation

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

Fastighets AB Balder'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
=( (329.64 + 268.094) / 2 ) / 295.391*365
=298.867 / 295.391*365
=369.30

Fastighets AB Balder'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
=( (268.094 + 0) / 1 ) / 82.026*365 / 4
=268.094 / 82.026*365 / 4
=298.24

* 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.


Fastighets AB Balder  (OTCPK:BALDF) 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.

Fastighets AB Balder'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.

Fastighets AB Balder'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.


Fastighets AB Balder Days Inventory Related Terms

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


Fastighets AB Balder (Fastighets AB Balder) Business Description

Traded in Other Exchanges
Address
Parkgatan 49, P.O. Box 53121, Gothenburg, SWE, 400 15
Fastighets AB Balder is engaged in acquiring, developing, and managing residential properties and commercial properties based on local presence and creating customer value by meeting the needs of different customer groups for commercial premises and housing in Sweden, Denmark, Finland, Norway, Germany, and the UK. The company's property portfolio contains a wide variety of commercial space, ranging from office, retail, and warehouse space, out of which Residential properties constitute the majority portion of the company's portfolio. The Group's business segments are; Helsinki, Stockholm, Gothenburg, Copenhagen, South, East, and North. The company generates revenue through income earned on the rents of its properties and on the management of its real estate.

Fastighets AB Balder (Fastighets AB Balder) Headlines

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