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Guideline Geo AB (OSTO:GGEO) Days Inventory : 386.99 (As of Mar. 2024)


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What is Guideline Geo AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guideline Geo AB's Average Total Inventories for the three months ended in Mar. 2024 was kr46.6 Mil. Guideline Geo AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr11.0 Mil. Hence, Guideline Geo AB's Days Inventory for the three months ended in Mar. 2024 was 386.99.

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

OSTO:GGEO' s Days Inventory Range Over the Past 10 Years
Min: 153.59   Med: 202.83   Max: 407.37
Current: 407.37

During the past 13 years, Guideline Geo AB's highest Days Inventory was 407.37. The lowest was 153.59. And the median was 202.83.

OSTO:GGEO's Days Inventory is ranked worse than
94.71% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs OSTO:GGEO: 407.37

Guideline Geo AB's Days Inventory increased from Dec. 2022 (216.10) to Mar. 2024 (386.99). It might indicate that Guideline Geo AB's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guideline Geo AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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. Guideline Geo AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.37.


Guideline Geo AB Days Inventory Historical Data

The historical data trend for Guideline Geo 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.

Guideline Geo AB Days Inventory Chart

Guideline Geo AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 214.77 190.89 267.99 153.59 179.20

Guideline Geo AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 216.10 208.53 349.91 224.05 386.99

Competitive Comparison of Guideline Geo AB's Days Inventory

For the Specialty Industrial Machinery subindustry, Guideline Geo 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.


Guideline Geo AB's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guideline Geo AB's Days Inventory distribution charts can be found below:

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



Guideline Geo AB Days Inventory Calculation

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

Guideline Geo AB's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (24.635 + 35.141) / 2 ) / 60.876*365
=29.888 / 60.876*365
=179.20

Guideline Geo 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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (42.049 + 51.218) / 2 ) / 10.996*365 / 4
=46.6335 / 10.996*365 / 4
=386.99

* 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.


Guideline Geo AB  (OSTO:GGEO) 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.

Guideline Geo 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.

Guideline Geo 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.


Guideline Geo AB Days Inventory Related Terms

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


Guideline Geo AB (OSTO:GGEO) Business Description

Traded in Other Exchanges
Address
Hemvarnsgatan 9, Solna, SWE, 171 54
Guideline Geo AB is operating in the field of geophysics. The company develops, manufactures and sells solutions for four global market areas: Mapping and investigation of groundwater sources, monitoring and mapping of environmental pollution, investigation prior to construction of construction and maintenance of infrastructure, and investigation and mapping in mineral prospecting and mining. The group includes the MALA and ABEM brands and sales are conducted globally.

Guideline Geo AB (OSTO:GGEO) Headlines

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