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Storskogen Group AB (OSTO:STOR B) Days Inventory : 62.12 (As of Mar. 2024)


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What is Storskogen Group AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Storskogen Group AB's Average Total Inventories for the three months ended in Mar. 2024 was kr4,564 Mil. Storskogen Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr6,704 Mil. Hence, Storskogen Group AB's Days Inventory for the three months ended in Mar. 2024 was 62.12.

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

OSTO:STOR B' s Days Inventory Range Over the Past 10 Years
Min: 36.61   Med: 46.64   Max: 63.71
Current: 63.71

During the past 6 years, Storskogen Group AB's highest Days Inventory was 63.71. The lowest was 36.61. And the median was 46.64.

OSTO:STOR B's Days Inventory is ranked better than
54.17% of 168 companies
in the Asset Management industry
Industry Median: 75.885 vs OSTO:STOR B: 63.71

Storskogen Group AB's Days Inventory declined from Mar. 2023 (64.06) to Mar. 2024 (62.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Storskogen Group AB's Inventory Turnover for the three months ended in Mar. 2024 was 1.47.

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. Storskogen Group AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.55.


Storskogen Group AB Days Inventory Historical Data

The historical data trend for Storskogen Group 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.

Storskogen Group AB Days Inventory Chart

Storskogen Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 36.61 41.37 50.31 53.11 60.69

Storskogen Group AB Quarterly Data
Dec18 Dec19 Jun20 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 64.06 62.93 69.24 60.39 62.12

Competitive Comparison of Storskogen Group AB's Days Inventory

For the Asset Management subindustry, Storskogen Group 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.


Storskogen Group AB's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Storskogen Group AB's Days Inventory distribution charts can be found below:

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



Storskogen Group AB Days Inventory Calculation

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

Storskogen Group 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
=( (5114 + 4427) / 2 ) / 28690*365
=4770.5 / 28690*365
=60.69

Storskogen Group 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
=( (4427 + 4701) / 2 ) / 6704*365 / 4
=4564 / 6704*365 / 4
=62.12

* 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.


Storskogen Group AB  (OSTO:STOR 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.

Storskogen Group 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.

Storskogen Group 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.


Storskogen Group AB Days Inventory Related Terms

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Storskogen Group AB (OSTO:STOR B) Business Description

Traded in Other Exchanges
Address
Hovslagargatan 3, 6th Floor, Stockholm, SWE, 111 48
Storskogen Group AB is an international group of businesses. It acquires and manages profitable small and medium-sized businesses with prime positions in their respective markets. It is divided into three business areas, Industry, Services, and Trade, predominantly in Sweden and with an increasing presence in the Nordics, Germany, Switzerland, and the UK.

Storskogen Group AB (OSTO:STOR B) Headlines

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