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Applus Services (FRA:39A) Days Inventory : 19.64 (As of Dec. 2023)


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What is Applus Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Applus Services's Average Total Inventories for the six months ended in Dec. 2023 was €12 Mil. Applus Services's Cost of Goods Sold for the six months ended in Dec. 2023 was €114 Mil. Hence, Applus Services's Days Inventory for the six months ended in Dec. 2023 was 19.64.

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

FRA:39A' s Days Inventory Range Over the Past 10 Years
Min: 11.14   Med: 18.47   Max: 23.82
Current: 18.74

During the past 13 years, Applus Services's highest Days Inventory was 23.82. The lowest was 11.14. And the median was 18.47.

FRA:39A's Days Inventory is ranked better than
58.44% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs FRA:39A: 18.74

Applus Services's Days Inventory increased from Dec. 2022 (19.33) to Dec. 2023 (19.64). It might indicate that Applus Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Applus Services's Inventory Turnover for the six months ended in Dec. 2023 was 9.29.

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. Applus Services's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Applus Services Days Inventory Historical Data

The historical data trend for Applus Services'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.

Applus Services Days Inventory Chart

Applus Services 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 19.40 21.81 23.82 19.33 18.28

Applus Services Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 22.31 24.43 19.33 18.26 19.64

Competitive Comparison of Applus Services's Days Inventory

For the Specialty Business Services subindustry, Applus Services'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.


Applus Services's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Applus Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Applus Services's Days Inventory falls into.



Applus Services Days Inventory Calculation

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

Applus Services'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
=( (9.753 + 12.603) / 2 ) / 223.205*365
=11.178 / 223.205*365
=18.28

Applus Services'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
=( (12.021 + 12.603) / 2 ) / 114.421*365 / 2
=12.312 / 114.421*365 / 2
=19.64

* 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.


Applus Services  (FRA:39A) 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.

Applus Services's Inventory Turnover for the six 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.

Applus Services's Inventory to Revenue for the six 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.


Applus Services Days Inventory Related Terms

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


Applus Services (FRA:39A) Business Description

Traded in Other Exchanges
Address
C/ Campezo n 1, Parque Empresarial Las Mercedes, Edificio 3, Madrid, ESP, 28022
Applus Services SA is a Spain-based company that provides testing, inspection and certification services. The company operates through four divisions. The energy and industry division, which accounts for the majority of revenue, is primarily engaged in industrial and environmental inspection, technical assistance, technical staffing, and others. The automotive division conducts statutory vehicle inspection services for safety and emissions. The IDIADA division provides vehicle proving ground, engineering, design and other services. The laboratories division conducts product testing and certification services for laboratories. Europe, North America, Asia Pacific are the three biggest markets for the company.

Applus Services (FRA:39A) Headlines

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