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Tobii AB (Tobii AB) Days Inventory : 183.76 (As of Sep. 2023)


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What is Tobii AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tobii AB's Average Total Inventories for the three months ended in Sep. 2023 was $6.72 Mil. Tobii AB's Cost of Goods Sold for the three months ended in Sep. 2023 was $3.34 Mil. Hence, Tobii AB's Days Inventory for the three months ended in Sep. 2023 was 183.76.

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

TBIIF' s Days Inventory Range Over the Past 10 Years
Min: 68.59   Med: 77.79   Max: 156.88
Current: 135.15

During the past 11 years, Tobii AB's highest Days Inventory was 156.88. The lowest was 68.59. And the median was 77.79.

TBIIF's Days Inventory is ranked worse than
63.5% of 2408 companies
in the Hardware industry
Industry Median: 102.52 vs TBIIF: 135.15

Tobii AB's Days Inventory increased from Sep. 2022 (133.57) to Sep. 2023 (183.76). It might indicate that Tobii AB's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tobii AB's Inventory Turnover for the three months ended in Sep. 2023 was 0.50.

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. Tobii AB's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.50.


Tobii AB Days Inventory Historical Data

The historical data trend for Tobii 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.

Tobii AB Days Inventory Chart

Tobii 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 71.28 72.09 156.88 124.18 125.25

Tobii AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 133.57 98.50 132.53 149.77 183.76

Competitive Comparison of Tobii AB's Days Inventory

For the Computer Hardware subindustry, Tobii 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.


Tobii AB's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tobii AB's Days Inventory distribution charts can be found below:

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



Tobii AB Days Inventory Calculation

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

Tobii 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
=( (5.941 + 6.36) / 2 ) / 17.923*365
=6.1505 / 17.923*365
=125.25

Tobii AB's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (6.407 + 7.037) / 2 ) / 3.338*365 / 4
=6.722 / 3.338*365 / 4
=183.76

* 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.


Tobii AB  (OTCPK:TBIIF) 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.

Tobii AB's Inventory Turnover for the three months ended in Sep. 2023 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.

Tobii AB's Inventory to Revenue for the three months ended in Sep. 2023 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.


Tobii AB Days Inventory Related Terms

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


Tobii AB (Tobii AB) Business Description

Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.