WPU Waste Plastic Upcycling AS (OSL:WPU) Days Inventory : 10.40 (As of Dec. 2022)

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What is WPU Waste Plastic Upcycling AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WPU Waste Plastic Upcycling AS's Average Total Inventories for the six months ended in Dec. 2022 was kr0.16 Mil. WPU Waste Plastic Upcycling AS's Cost of Goods Sold for the six months ended in Dec. 2022 was kr2.84 Mil. Hence, WPU Waste Plastic Upcycling AS's Days Inventory for the six months ended in Dec. 2022 was 10.40.

The historical rank and industry rank for WPU Waste Plastic Upcycling AS's Days Inventory or its related term are showing as below:

OSL:WPU' s Days Inventory Range Over the Past 10 Years
Min: 4.11 Med: 6.25 Max: 8.47
Current: 8.47

During the past 3 years, WPU Waste Plastic Upcycling AS's highest Days Inventory was 8.47. The lowest was 4.11. And the median was 6.25.

OSL:WPU's Days Inventory is ranked better than
74.16% of 209 companies
in the Waste Management industry
Industry Median: 22.94 vs OSL:WPU: 8.47

WPU Waste Plastic Upcycling AS's Days Inventory increased from . 20 (0.00) to Dec. 2022 (10.40). It might indicate that WPU Waste Plastic Upcycling AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. WPU Waste Plastic Upcycling AS's Inventory Turnover for the six months ended in Dec. 2022 was 17.55.

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.

WPU Waste Plastic Upcycling AS Days Inventory Historical Data

The historical data trend for WPU Waste Plastic Upcycling 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.

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WPU Waste Plastic Upcycling AS Days Inventory Chart

WPU Waste Plastic Upcycling AS Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

8.38

4.11

WPU Waste Plastic Upcycling AS Semi-Annual Data
	Jun22	Dec22	Dec23
Days Inventory	-	10.40	-

Competitive Comparison of WPU Waste Plastic Upcycling AS's Days Inventory

For the Waste Management subindustry, WPU Waste Plastic Upcycling 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.

WPU Waste Plastic Upcycling AS's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, WPU Waste Plastic Upcycling AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where WPU Waste Plastic Upcycling AS's Days Inventory falls into.

WPU Waste Plastic Upcycling AS Days Inventory Calculation

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

WPU Waste Plastic Upcycling 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
=	( (0.162	+	0)	/	1 )	/	14.385	*	365
=	0.162					/	14.385	*	365
=	4.11

WPU Waste Plastic Upcycling AS's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0	+	0.162)	/	1 )	/	2.843	*	365 / 2
=	0.162					/	2.843	*	365 / 2
=	10.40

WPU Waste Plastic Upcycling AS (OSL:WPU) 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.

WPU Waste Plastic Upcycling AS's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.843	/	0.162
	=	17.55

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.

WPU Waste Plastic Upcycling AS's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.162	/	0
	=

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.

WPU Waste Plastic Upcycling AS Days Inventory Related Terms

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

WPU Waste Plastic Upcycling AS (OSL:WPU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » WPU Waste Plastic Upcycling AS (OSL:WPU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

YN2:Germany

Address

Hojgardsvej 13A, Lammefjorden, Farevejle, DNK, 4540

Website

https://www.wpu-dk.com

WPU Waste Plastic Upcycling AS is engaged in the upcycling of plastics. It converts plastic waste to oil that turns into new products. Its technology is based on pyrolysis, which processes the plastic at high temperatures. With pyrolysis, plastics that are no longer suitable for mechanical recycling could be given new life.

WPU Waste Plastic Upcycling AS (OSL:WPU) Headlines

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