Days Inventory is also known as Days Sales of Inventory (DSI). voestalpine AG's Average Total Inventories for the
three
months ended in Dec. 2023 was $6,052 Mil. voestalpine AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3,581 Mil.
Hence, voestalpine AG's Days Inventory for the
three
months ended in Dec. 2023 was 154.24.
The historical rank and industry rank for voestalpine AG's Days Inventory or its related term are showing as below:
VLPNF'
s Days Inventory Range Over the Past 10 Years
Min: 117.79 Med: 131.65 Max: 148.4
Current: 148.4
During the past 13 years, voestalpine AG's highest Days Inventory was 148.40. The lowest was 117.79. And the median was 131.65.
VLPNF's Days Inventory is ranked worse than 80.84% of 574
companies
in the Steel industry
Industry Median: 85.62
vs VLPNF: 148.40
voestalpine AG's Days Inventory
declined
from Dec. 2022 (154.25) to Dec. 2023 (154.24).
Inventory Turnover measures how fast the company turns over its inventory within a year.
voestalpine AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.59.
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.
voestalpine AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.43.
voestalpine AG Days Inventory Historical Data
The historical data trend for voestalpine AG'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.
Competitive Comparison of voestalpine AG's Days Inventory
For the Steel subindustry, voestalpine AG'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.
voestalpine AG's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, voestalpine AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where voestalpine AG's Days Inventory falls into.
voestalpine AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
voestalpine AG's Days Inventory for the fiscal year that ended in Mar. 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.
voestalpine AG (OTCPK:VLPNF) 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.
voestalpine AG's Inventory Turnover for the
three
months ended in Dec. 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.
voestalpine AG's Inventory to Revenue for the
three
months ended in Dec. 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.
voestalpine AG Days Inventory Related Terms
Thank you for viewing the detailed overview of voestalpine AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
voestalpine AG (voestalpine AG) Business Description
voestalpine AG is an Austria-based holding company engaged in the manufacturing, processing and development of steel products. The company is divided into four divisions. The Steel Division is involved in the production of steel products and the casting of large turbines. The High-Performance metals Division provides metals for the automotive, consumer goods, power generation, energy and aviation sectors. The Metal Engineering division produces rails, turnout systems, track-based monitoring systems, specially treated wire and others. The Metal Forming Division provides customized special and precision sections, as well as solutions for systems in the construction, cab construction for commercial vehicles, and aviation sectors. The company generates its revenue from the European Union.
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