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M Vest Water AS (OSL:MVW) Days Inventory : 85.56 (As of Dec. 2023)


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What is M Vest Water AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). M Vest Water AS's Average Total Inventories for the three months ended in Dec. 2023 was kr0.95 Mil. M Vest Water AS's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1.01 Mil. Hence, M Vest Water AS's Days Inventory for the three months ended in Dec. 2023 was 85.56.

The historical rank and industry rank for M Vest Water AS's Days Inventory or its related term are showing as below:

OSL:MVW' s Days Inventory Range Over the Past 10 Years
Min: 19.21   Med: 181.37   Max: 865.42
Current: 61.24

During the past 6 years, M Vest Water AS's highest Days Inventory was 865.42. The lowest was 19.21. And the median was 181.37.

OSL:MVW's Days Inventory is ranked better than
83.88% of 2910 companies
in the Industrial Products industry
Industry Median: 120.125 vs OSL:MVW: 61.24

M Vest Water AS's Days Inventory declined from Dec. 2022 (576.32) to Dec. 2023 (85.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. M Vest Water AS's Inventory Turnover for the three months ended in Dec. 2023 was 1.07.

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. M Vest Water AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.79.


M Vest Water AS Days Inventory Historical Data

The historical data trend for M Vest Water AS'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.

M Vest Water AS Days Inventory Chart

M Vest Water AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 119.62 19.21 243.11 865.42 55.32

M Vest Water AS Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 576.32 60.97 65.34 50.28 85.56

Competitive Comparison of M Vest Water AS's Days Inventory

For the Pollution & Treatment Controls subindustry, M Vest Water AS'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.


M Vest Water AS's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, M Vest Water AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where M Vest Water AS's Days Inventory falls into.



M Vest Water AS Days Inventory Calculation

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

M Vest Water AS'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
=( (1.251 + 0.741) / 2 ) / 6.571*365
=0.996 / 6.571*365
=55.32

M Vest Water AS'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.153 + 0.741) / 2 ) / 1.01*365 / 4
=0.947 / 1.01*365 / 4
=85.56

* 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.


M Vest Water AS  (OSL:MVW) 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.

M Vest Water AS's Inventory Turnover for the three 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.

M Vest Water AS's Inventory to Revenue for the three 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.


M Vest Water AS Days Inventory Related Terms

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


M Vest Water AS (OSL:MVW) Business Description

Traded in Other Exchanges
N/A
Address
Espehaugen 54, Blomsterdalen, Bergen, NOR, 5258
M Vest Water AS is an environmental technology company that has developed unique products and solutions for the water treatment industry, both in Industrial as well as Municipal markets. It is engaged in providing products and equipment utilized for the treatment and purification of water and wastewater. The company focuses on the oil and gas industry, although the available technology can be applied for cleaning water across various industries. The product portfolio of the company comprises of NorwaFloc, NORWAPOL, and AFM.

M Vest Water AS (OSL:MVW) Headlines

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