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K-Fast Holding AB (OSTO:KFAST B) Days Inventory : 21.64 (As of Mar. 2024)


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What is K-Fast Holding AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). K-Fast Holding AB's Average Total Inventories for the three months ended in Mar. 2024 was kr31 Mil. K-Fast Holding AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr132 Mil. Hence, K-Fast Holding AB's Days Inventory for the three months ended in Mar. 2024 was 21.64.

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

OSTO:KFAST B' s Days Inventory Range Over the Past 10 Years
Min: 1.04   Med: 7.22   Max: 23.73
Current: 21.61

During the past 8 years, K-Fast Holding AB's highest Days Inventory was 23.73. The lowest was 1.04. And the median was 7.22.

OSTO:KFAST B's Days Inventory is ranked better than
88.79% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs OSTO:KFAST B: 21.61

K-Fast Holding AB's Days Inventory declined from Mar. 2023 (27.74) to Mar. 2024 (21.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. K-Fast Holding AB's Inventory Turnover for the three months ended in Mar. 2024 was 4.22.

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. K-Fast Holding AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.


K-Fast Holding AB Days Inventory Historical Data

The historical data trend for K-Fast Holding 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.

K-Fast Holding AB Days Inventory Chart

K-Fast Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 1.19 1.04 9.72 18.86 23.73

K-Fast Holding 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 27.74 22.90 20.18 18.12 21.64

Competitive Comparison of K-Fast Holding AB's Days Inventory

For the Real Estate Services subindustry, K-Fast Holding 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.


K-Fast Holding AB's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, K-Fast Holding AB's Days Inventory distribution charts can be found below:

* The bar in red indicates where K-Fast Holding AB's Days Inventory falls into.



K-Fast Holding AB Days Inventory Calculation

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

K-Fast Holding 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
=( (60.2 + 30.7) / 2 ) / 699*365
=45.45 / 699*365
=23.73

K-Fast Holding 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
=( (30.7 + 32.1) / 2 ) / 132.4*365 / 4
=31.4 / 132.4*365 / 4
=21.64

* 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.


K-Fast Holding AB  (OSTO:KFAST B) 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.

K-Fast Holding 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.

K-Fast Holding 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.


K-Fast Holding AB Days Inventory Related Terms

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


K-Fast Holding AB (OSTO:KFAST B) Business Description

Traded in Other Exchanges
Address
Bultvagen 7, Hassleholm, SWE, SE-281 43
K-Fast Holding AB is a residential property company focused on construction and long-term property management of self-developed residential properties. The company deals in project development, construction, and property management business. It generates maximum revenue from the property management segment.

K-Fast Holding AB (OSTO:KFAST B) Headlines

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