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Rias A/S (OCSE:RIAS B) Days Inventory : 60.68 (As of Mar. 2024)


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What is Rias A/S Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rias A/S's Average Total Inventories for the six months ended in Mar. 2024 was kr30.7 Mil. Rias A/S's Cost of Goods Sold for the six months ended in Mar. 2024 was kr92.3 Mil. Hence, Rias A/S's Days Inventory for the six months ended in Mar. 2024 was 60.68.

The historical rank and industry rank for Rias A/S's Days Inventory or its related term are showing as below:

OCSE:RIAS B' s Days Inventory Range Over the Past 10 Years
Min: 42.37   Med: 50.99   Max: 62.25
Current: 55.88

During the past 13 years, Rias A/S's highest Days Inventory was 62.25. The lowest was 42.37. And the median was 50.99.

OCSE:RIAS B's Days Inventory is ranked better than
71% of 369 companies
in the Building Materials industry
Industry Median: 84.94 vs OCSE:RIAS B: 55.88

Rias A/S's Days Inventory increased from Mar. 2023 (55.09) to Mar. 2024 (60.68). It might indicate that Rias A/S's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rias A/S's Inventory Turnover for the six months ended in Mar. 2024 was 3.01.

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. Rias A/S's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.22.


Rias A/S Days Inventory Historical Data

The historical data trend for Rias A/S'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.

Rias A/S Days Inventory Chart

Rias A/S Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.31 51.35 50.63 42.37 45.79

Rias A/S Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 57.84 43.72 55.09 49.42 60.68

Competitive Comparison of Rias A/S's Days Inventory

For the Building Materials subindustry, Rias A/S'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.


Rias A/S's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Rias A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rias A/S's Days Inventory falls into.



Rias A/S Days Inventory Calculation

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

Rias A/S's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (24.205 + 28.388) / 2 ) / 209.621*365
=26.2965 / 209.621*365
=45.79

Rias A/S'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (28.388 + 33.023) / 2 ) / 92.347*365 / 2
=30.7055 / 92.347*365 / 2
=60.68

* 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.


Rias A/S  (OCSE:RIAS B) 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.

Rias A/S's Inventory Turnover for the six 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.

Rias A/S's Inventory to Revenue for the six 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.


Rias A/S Days Inventory Related Terms

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


Rias A/S (OCSE:RIAS B) Business Description

Traded in Other Exchanges
N/A
Address
Industrivej 11, Roskilde, DNK, 4000
Rias A/S distributes semi-manufactured plastic products for building and construction work as well as the industry and public sector in Scandinavia. It operates through the construction and industry product sectors. The company has one operating segment and operates within two product areas which are Sale, processing and distribution of semi-finished plastic products to all branches of the building and construction sector. (Construction) and Sale, processing and distribution of semi-finished plastic products to industry and the public sector Key revenue is generated from domestic sales.

Rias A/S (OCSE:RIAS B) Headlines

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