Arbona AB (NGM:ARBO A) Days Inventory : 172.55 (As of Dec. 2023)

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What is Arbona AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arbona AB's Average Total Inventories for the six months ended in Dec. 2023 was kr15.86 Mil. Arbona AB's Cost of Goods Sold for the six months ended in Dec. 2023 was kr16.78 Mil. Hence, Arbona AB's Days Inventory for the six months ended in Dec. 2023 was 172.55.

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

NGM:ARBO A' s Days Inventory Range Over the Past 10 Years
Min: 21.69 Med: 32.45 Max: 208.53
Current: 169.36

During the past 13 years, Arbona AB's highest Days Inventory was 208.53. The lowest was 21.69. And the median was 32.45.

NGM:ARBO A's Days Inventory is ranked worse than
67.26% of 168 companies
in the Asset Management industry
Industry Median: 77.38 vs NGM:ARBO A: 169.36

Arbona AB's Days Inventory increased from Dec. 2022 (55.45) to Dec. 2023 (172.55). It might indicate that Arbona AB's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arbona AB's Inventory Turnover for the six months ended in Dec. 2023 was 1.06.

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. Arbona AB's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.

Arbona AB Days Inventory Historical Data

The historical data trend for Arbona 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.

Arbona AB Days Inventory Chart

Arbona AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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24.68

28.82

36.08

52.24

208.53

Arbona AB 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															38.26	25.84	55.45	122.71	172.55

Competitive Comparison of Arbona AB's Days Inventory

For the Asset Management subindustry, Arbona 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.

Arbona AB's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Arbona AB's Days Inventory distribution charts can be found below:

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

Arbona AB Days Inventory Calculation

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

Arbona 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
=	( (11.27	+	24.024)	/	2 )	/	30.889	*	365
=	17.647					/	30.889	*	365
=	208.53

Arbona 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.704	+	24.024)	/	2 )	/	16.779	*	365 / 2
=	15.864					/	16.779	*	365 / 2
=	172.55

Arbona AB (NGM:ARBO A) 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.

Arbona AB's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.779	/	15.864
	=	1.06

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.

Arbona AB's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.864	/	70.789
	=	0.22

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.

Arbona AB Days Inventory Related Terms

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

Arbona AB (NGM:ARBO A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Arbona AB (NGM:ARBO A) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emdalavagen 18, Box 11094, Stockholm, SWE, 10061

Website

http://www.arbona.se

Arbona AB is a Sweden based investment company. Its core business consists of investing and developing less Swedish unlisted companies. Its main focus is to acquire well-managed companies with potential for further development.

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