LightAir AB (NGM:LAIR) Days Inventory : 658.82 (As of Jun. 2023)

LightAir AB Days Inventory Chart

LightAir AB Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Inventory		Get a 7-Day Free Trial					263.87	202.05	111.55	295.77	471.92

LightAir AB Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															350.19	400.47	649.61	502.18	658.82

Competitive Comparison of LightAir AB's Days Inventory

For the Pollution & Treatment Controls subindustry, LightAir 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.

LightAir AB's Days Inventory Distribution in the Industrial Products Industry

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

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

LightAir AB Days Inventory Calculation

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

LightAir AB's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

LightAir AB's Days Inventory for the quarter that ended in Jun. 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.

LightAir AB  (NGM:LAIR) 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.

LightAir AB's Inventory Turnover for the six months ended in Jun. 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.

LightAir AB's Inventory to Revenue for the six months ended in Jun. 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.

LightAir AB Days Inventory Related Terms

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

LightAir AB (NGM:LAIR) Business Description