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Skanska AB (Skanska AB) Days Inventory : 174.10 (As of Mar. 2024)


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What is Skanska AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Skanska AB's Average Total Inventories for the three months ended in Mar. 2024 was $6,288 Mil. Skanska AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $3,296 Mil. Hence, Skanska AB's Days Inventory for the three months ended in Mar. 2024 was 174.10.

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

SKBSY' s Days Inventory Range Over the Past 10 Years
Min: 72.26   Med: 103.96   Max: 159.41
Current: 159.41

During the past 13 years, Skanska AB's highest Days Inventory was 159.41. The lowest was 72.26. And the median was 103.96.

SKBSY's Days Inventory is ranked worse than
81.88% of 1391 companies
in the Construction industry
Industry Median: 48.85 vs SKBSY: 159.41

Skanska AB's Days Inventory declined from Mar. 2023 (177.03) to Mar. 2024 (174.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Skanska AB's Inventory Turnover for the three months ended in Mar. 2024 was 0.52.

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. Skanska AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.78.


Skanska AB Days Inventory Historical Data

The historical data trend for Skanska 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.

Skanska AB Days Inventory Chart

Skanska 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 113.17 120.44 152.96 156.04 149.76

Skanska 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 177.03 167.45 165.71 136.32 174.10

Competitive Comparison of Skanska AB's Days Inventory

For the Engineering & Construction subindustry, Skanska 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.


Skanska AB's Days Inventory Distribution in the Construction Industry

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

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



Skanska AB Days Inventory Calculation

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

Skanska 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
=( (6113.895 + 6195.309) / 2 ) / 15000.683*365
=6154.602 / 15000.683*365
=149.76

Skanska 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
=( (6195.309 + 6380.759) / 2 ) / 3295.746*365 / 4
=6288.034 / 3295.746*365 / 4
=174.10

* 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.


Skanska AB  (OTCPK:SKBSY) 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.

Skanska 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.

Skanska 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.


Skanska AB Days Inventory Related Terms

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


Skanska AB (Skanska AB) Business Description

Address
Warfvinges vag 25, Stockholm, SWE, 112 74
Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, commercial property development. It earns contracts and exploits local knowledge of markets, customers, and suppliers to meet clients' needs. Projects range from simple to highly technical and are driven by urbanization in the designated regions. The majority of revenue derives from Europe.