GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Viafin Service Oyj (OHEL:VIAFIN) » Definitions » Days Inventory

Viafin Service Oyj (OHEL:VIAFIN) Days Inventory : 16.21 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Viafin Service Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viafin Service Oyj's Average Total Inventories for the six months ended in Dec. 2023 was €1.81 Mil. Viafin Service Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €20.37 Mil. Hence, Viafin Service Oyj's Days Inventory for the six months ended in Dec. 2023 was 16.21.

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

OHEL:VIAFIN' s Days Inventory Range Over the Past 10 Years
Min: 12.97   Med: 16.18   Max: 78.99
Current: 23.12

During the past 6 years, Viafin Service Oyj's highest Days Inventory was 78.99. The lowest was 12.97. And the median was 16.18.

OHEL:VIAFIN's Days Inventory is ranked better than
96.19% of 2910 companies
in the Industrial Products industry
Industry Median: 120.69 vs OHEL:VIAFIN: 23.12

Viafin Service Oyj's Days Inventory increased from Dec. 2022 (10.23) to Dec. 2023 (16.21). It might indicate that Viafin Service Oyj's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Viafin Service Oyj's Inventory Turnover for the six months ended in Dec. 2023 was 11.26.

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. Viafin Service Oyj's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.


Viafin Service Oyj Days Inventory Historical Data

The historical data trend for Viafin Service 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.

Viafin Service Oyj Days Inventory Chart

Viafin Service Oyj Annual Data
Trend Jul17 Jul18 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 15.65 22.61 12.97 16.18

Viafin Service Oyj Semi-Annual Data
Jul17 Jul18 Jan19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.56 36.81 10.23 58.31 16.21

Competitive Comparison of Viafin Service Oyj's Days Inventory

For the Specialty Industrial Machinery subindustry, Viafin Service 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.


Viafin Service Oyj's Days Inventory Distribution in the Industrial Products Industry

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

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



Viafin Service Oyj Days Inventory Calculation

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

Viafin Service 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
=( (1.515 + 0.881) / 2 ) / 27.022*365
=1.198 / 27.022*365
=16.18

Viafin Service 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
=( (2.738 + 0.881) / 2 ) / 20.367*365 / 2
=1.8095 / 20.367*365 / 2
=16.21

* 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.


Viafin Service Oyj  (OHEL:VIAFIN) 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.

Viafin Service 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.

Viafin Service 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.


Viafin Service Oyj Days Inventory Related Terms

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


Viafin Service Oyj (OHEL:VIAFIN) Business Description

Traded in Other Exchanges
N/A
Address
Kullervonkatu 15, Tampere, FIN, 33500
Viafin Service Oyj is specialized in industrial maintenance services, installation, and maintenance of industrial piping, equipment, and gas-based systems. It offers wide range of services includes maintenance and system supply of LNG and biogas systems, gas grids, and gas filling stations. The company's business is mainly in Finland and its clientele consists of several major companies in the pulp, energy, chemical, and metal industry.

Viafin Service Oyj (OHEL:VIAFIN) Headlines

No Headlines