Arctic Paper (WAR:ATC) Days Inventory : 60.85 (As of Dec. 2023)

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What is Arctic Paper Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arctic Paper's Average Total Inventories for the three months ended in Dec. 2023 was zł456 Mil. Arctic Paper's Cost of Goods Sold for the three months ended in Dec. 2023 was zł684 Mil. Hence, Arctic Paper's Days Inventory for the three months ended in Dec. 2023 was 60.85.

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

WAR:ATC' s Days Inventory Range Over the Past 10 Years
Min: 51.84 Med: 57.02 Max: 69.72
Current: 69.72

During the past 13 years, Arctic Paper's highest Days Inventory was 69.72. The lowest was 51.84. And the median was 57.02.

WAR:ATC's Days Inventory is ranked better than
67.99% of 278 companies
in the Forest Products industry
Industry Median: 88.335 vs WAR:ATC: 69.72

Arctic Paper's Days Inventory increased from Dec. 2022 (59.77) to Dec. 2023 (60.85). It might indicate that Arctic Paper's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arctic Paper's Inventory Turnover for the three months ended in Dec. 2023 was 1.50.

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. Arctic Paper's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.55.

Arctic Paper Days Inventory Historical Data

The historical data trend for Arctic Paper'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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Arctic Paper Days Inventory Chart

Arctic Paper Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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60.00

56.93

51.84

52.60

68.05

Arctic Paper Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															59.77	73.91	76.42	68.80	60.85

Competitive Comparison of Arctic Paper's Days Inventory

For the Paper & Paper Products subindustry, Arctic Paper'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.

Arctic Paper's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arctic Paper's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arctic Paper's Days Inventory falls into.

Arctic Paper Days Inventory Calculation

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

Arctic Paper'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
=	( (601.168	+	444.131)	/	2 )	/	2803.469	*	365
=	522.6495					/	2803.469	*	365
=	68.05

Arctic Paper's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (468.705	+	444.131)	/	2 )	/	684.406	*	365 / 4
=	456.418					/	684.406	*	365 / 4
=	60.85

Arctic Paper (WAR:ATC) 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.

Arctic Paper's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	684.406	/	456.418
	=	1.50

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.

Arctic Paper's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	456.418	/	825.888
	=	0.55

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.

Arctic Paper Days Inventory Related Terms

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

Arctic Paper (WAR:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Arctic Paper SA (WAR:ATC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ARP:Sweden A0P:Germany

Address

UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470

Website

https://www.arcticpaper.com

Arctic Paper SA is a holding company in Poland. The company produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses and the advertising industry. The company operates solely in the segment of high-quality graphic papers which is split into three core segments: Uncoated paper, Pulp, coated papers, and Other. Majority of revenue is generated from Uncoated segment.