Systemair AB (OSTO:SYSR) Days Inventory : 111.27 (As of Jan. 2024)

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What is Systemair AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Systemair AB's Average Total Inventories for the three months ended in Jan. 2024 was kr2,279 Mil. Systemair AB's Cost of Goods Sold for the three months ended in Jan. 2024 was kr1,869 Mil. Hence, Systemair AB's Days Inventory for the three months ended in Jan. 2024 was 111.27.

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

OSTO:SYSR' s Days Inventory Range Over the Past 10 Years
Min: 88.98 Med: 96.19 Max: 107.88
Current: 107.88

During the past 13 years, Systemair AB's highest Days Inventory was 107.88. The lowest was 88.98. And the median was 96.19.

OSTO:SYSR's Days Inventory is ranked worse than
72.24% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs OSTO:SYSR: 107.88

Systemair AB's Days Inventory declined from Jan. 2023 (114.40) to Jan. 2024 (111.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Systemair AB's Inventory Turnover for the three months ended in Jan. 2024 was 0.82.

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. Systemair AB's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.81.

Systemair AB Days Inventory Historical Data

The historical data trend for Systemair 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.

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Systemair AB Days Inventory Chart

Systemair AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

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94.83

96.42

98.76

105.81

107.55

Systemair AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															114.40	109.76	108.49	105.84	111.27

Competitive Comparison of Systemair AB's Days Inventory

For the Building Products & Equipment subindustry, Systemair 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.

Systemair AB's Days Inventory Distribution in the Construction Industry

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

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

Systemair AB Days Inventory Calculation

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

Systemair AB's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (2224.9	+	2459.2)	/	2 )	/	7948.5	*	365
=	2342.05					/	7948.5	*	365
=	107.55

Systemair AB's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (2411.7	+	2146)	/	2 )	/	1868.8	*	365 / 4
=	2278.85					/	1868.8	*	365 / 4
=	111.27

Systemair AB (OSTO:SYSR) 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.

Systemair AB's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1868.8	/	2278.85
	=	0.82

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.

Systemair AB's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2278.85	/	2826.7
	=	0.81

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.

Systemair AB Days Inventory Related Terms

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

Systemair AB (OSTO:SYSR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

52SA:Germany

Address

Industrivagen 3, Skinnskatteberg, SWE, SE-739 30

Website

https://www.systemair.com

Systemair AB is a building material company that develops, manufactures, and markets ventilation products. The company's products under its flagship Systemair brand include air conditioning units, air curtains, air distribution products, and energy efficient fans. The company also markets products under their Frico, VEAB Heat Tech AB, Fantech, and Menerga segments. Frico manufactures air curtain and heating products, while VEAB primarily develops heating products. The Fantech segment markets to the residential sector, in contrast to Systemair's commercial base. Menerga produces high-efficiency air-handling units for specialized buildings such as museums, airports, and swimming pool halls. Systemair generates the majority of its revenue from Western Europe.

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