Austriacard Holdings AG (ATH:ACAG) Days Inventory : 68.51 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Austriacard Holdings AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Austriacard Holdings AG's Average Total Inventories for the six months ended in Dec. 2023 was €52.2 Mil. Austriacard Holdings AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €139.0 Mil. Hence, Austriacard Holdings AG's Days Inventory for the six months ended in Dec. 2023 was 68.51.

The historical rank and industry rank for Austriacard Holdings AG's Days Inventory or its related term are showing as below:

ATH:ACAG' s Days Inventory Range Over the Past 10 Years
Min: 44.32 Med: 54.31 Max: 63.15
Current: 61.84

During the past 5 years, Austriacard Holdings AG's highest Days Inventory was 63.15. The lowest was 44.32. And the median was 54.31.

ATH:ACAG's Days Inventory is ranked worse than
71.13% of 1562 companies
in the Software industry
Industry Median: 19.48 vs ATH:ACAG: 61.84

Austriacard Holdings AG's Days Inventory increased from Dec. 2022 (46.01) to Dec. 2023 (68.51). It might indicate that Austriacard Holdings AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Austriacard Holdings AG's Inventory Turnover for the six months ended in Dec. 2023 was 2.66.

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. Austriacard Holdings AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.

Austriacard Holdings AG Days Inventory Historical Data

The historical data trend for Austriacard Holdings 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.

* Premium members only.

Austriacard Holdings AG Days Inventory Chart

Austriacard Holdings AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

63.15

50.23

54.31

44.32

62.26

Austriacard Holdings AG Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			55.33	48.83	46.01	54.68	68.51

Competitive Comparison of Austriacard Holdings AG's Days Inventory

For the Information Technology Services subindustry, Austriacard Holdings 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.

Austriacard Holdings AG's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Austriacard Holdings AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Austriacard Holdings AG's Days Inventory falls into.

Austriacard Holdings AG Days Inventory Calculation

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

Austriacard Holdings AG'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
=	( (36.075	+	58.164)	/	2 )	/	276.255	*	365
=	47.1195					/	276.255	*	365
=	62.26

Austriacard Holdings AG'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (46.182	+	58.164)	/	2 )	/	138.983	*	365 / 2
=	52.173					/	138.983	*	365 / 2
=	68.51

Austriacard Holdings AG (ATH:ACAG) 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.

Austriacard Holdings AG's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	138.983	/	52.173
	=	2.66

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.

Austriacard Holdings AG's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52.173	/	183.397
	=	0.28

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.

Austriacard Holdings AG Days Inventory Related Terms

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

Austriacard Holdings AG (ATH:ACAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Austriacard Holdings AG (ATH:ACAG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ACQ0:Germany ACAG:Austria

Address

Lamezanstrasse 4-8, Vienna, AUT, 1232

Website

https://www.austriacard.com

Austriacard Holdings AG is a B2B (business-to-business) provider of secure data solutions mainly in Europe, with market share in many European countries. It engages in the business areas of Digital Security and Information Management. The Digital Security division provides end-to-end secure data solutions and offers personalization services and products for the sensitive areas of financial institutions, government, the public sector, transportation as well as industry & retail. The information management division provides products and services for secure document and information management, as well as specialized solutions for the digital transformation of businesses and organizations under the brand INFORM.

Executives

Nikolaos Lykos

Chairman of the Management Board

Austriacard Holdings AG (ATH:ACAG) Headlines

No Headlines