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Firefly AB (OSTO:FIRE) Days Inventory : 129.88 (As of Mar. 2024)


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What is Firefly AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Firefly AB's Average Total Inventories for the three months ended in Mar. 2024 was kr99.4 Mil. Firefly AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr69.8 Mil. Hence, Firefly AB's Days Inventory for the three months ended in Mar. 2024 was 129.88.

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

OSTO:FIRE' s Days Inventory Range Over the Past 10 Years
Min: 86.99   Med: 97.09   Max: 112.19
Current: 112.19

During the past 13 years, Firefly AB's highest Days Inventory was 112.19. The lowest was 86.99. And the median was 97.09.

OSTO:FIRE's Days Inventory is ranked worse than
73.46% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs OSTO:FIRE: 112.19

Firefly AB's Days Inventory increased from Mar. 2023 (121.87) to Mar. 2024 (129.88). It might indicate that Firefly AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Firefly AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.70.

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. Firefly AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.84.


Firefly AB Days Inventory Historical Data

The historical data trend for Firefly AB'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.

Firefly AB Days Inventory Chart

Firefly AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.10 110.85 102.13 100.08 108.17

Firefly AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 121.87 100.08 119.07 101.27 129.88

Competitive Comparison of Firefly AB's Days Inventory

For the Building Products & Equipment subindustry, Firefly AB'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.


Firefly AB's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Firefly AB's Days Inventory falls into.



Firefly AB Days Inventory Calculation

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

Firefly AB'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
=( (83.541 + 93.843) / 2 ) / 299.264*365
=88.692 / 299.264*365
=108.17

Firefly AB'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (93.843 + 104.984) / 2 ) / 69.845*365 / 4
=99.4135 / 69.845*365 / 4
=129.88

* 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.


Firefly AB  (OSTO:FIRE) 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.

Firefly AB's Inventory Turnover for the three 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.

Firefly AB's Inventory to Revenue for the three 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.


Firefly AB Days Inventory Related Terms

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


Firefly AB (OSTO:FIRE) Business Description

Traded in Other Exchanges
N/A
Address
Heliosgatan 3, Stockholm, SWE, 120 30
Firefly AB is a supplier of spark detection, fire and dust explosion protection systems in Sweden. The company develops, manufactures and sells high-tech systems, which detect and minimise the risk of fires and dust explosions. It has two business areas: Industrial applications and Infra systems. Industrial applications include customized fire prevention systems, which monitor industrial processes in areas such as tissue, food, woodworking, bioenergy, and recycling. The business area of Infra systems includes early fire detection in subway-, train-, road or cable tunnel systems by means of multiple-gas detection.

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