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Solwers Oyj (OHEL:SOLWERS) Days Inventory : 7.39 (As of Dec. 2023)


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What is Solwers Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Solwers Oyj's Average Total Inventories for the six months ended in Dec. 2023 was €0.17 Mil. Solwers Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €4.19 Mil. Hence, Solwers Oyj's Days Inventory for the six months ended in Dec. 2023 was 7.39.

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

OHEL:SOLWERS' s Days Inventory Range Over the Past 10 Years
Min: 7.14   Med: 20.64   Max: 46.72
Current: 7.69

During the past 6 years, Solwers Oyj's highest Days Inventory was 46.72. The lowest was 7.14. And the median was 20.64.

OHEL:SOLWERS's Days Inventory is ranked better than
81.13% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs OHEL:SOLWERS: 7.69

Solwers Oyj's Days Inventory declined from Dec. 2022 (16.10) to Dec. 2023 (7.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Solwers Oyj's Inventory Turnover for the six months ended in Dec. 2023 was 24.70.

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. Solwers Oyj's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Solwers Oyj Days Inventory Historical Data

The historical data trend for Solwers Oyj'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.

Solwers Oyj Days Inventory Chart

Solwers Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 46.72 28.96 12.31 7.24 7.14

Solwers Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.81 4.62 16.10 8.59 7.39

Competitive Comparison of Solwers Oyj's Days Inventory

For the Engineering & Construction subindustry, Solwers Oyj'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.


Solwers Oyj's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Solwers Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Solwers Oyj's Days Inventory falls into.



Solwers Oyj Days Inventory Calculation

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

Solwers Oyj'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
=( (0.168 + 0.146) / 2 ) / 8.022*365
=0.157 / 8.022*365
=7.14

Solwers Oyj'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
=( (0.193 + 0.146) / 2 ) / 4.187*365 / 2
=0.1695 / 4.187*365 / 2
=7.39

* 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.


Solwers Oyj  (OHEL:SOLWERS) 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.

Solwers Oyj's Inventory Turnover for the six 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.

Solwers Oyj's Inventory to Revenue for the six 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.


Solwers Oyj Days Inventory Related Terms

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


Solwers Oyj (OHEL:SOLWERS) Business Description

Traded in Other Exchanges
Address
Kappelikuja 6 B, 2nd Floor, Espoo, FIN, 02200
Solwers Oyj is engaged in providing architecture, technical consulting, environmental monitoring, project management, circular economy, and digital solutions. It offers a wide range of design and project management solutions for building individual and sustainable environments in Finland and Sweden. In addition, its two subsidiaries offer financial services.

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