Zaptec ASA (FRA:6I4) Days Inventory : 132.59 (As of Dec. 2023)

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What is Zaptec ASA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zaptec ASA's Average Total Inventories for the three months ended in Dec. 2023 was €32.5 Mil. Zaptec ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was €22.4 Mil. Hence, Zaptec ASA's Days Inventory for the three months ended in Dec. 2023 was 132.59.

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

FRA:6I4' s Days Inventory Range Over the Past 10 Years
Min: 25.71 Med: 51.4 Max: 112.03
Current: 102.84

During the past 7 years, Zaptec ASA's highest Days Inventory was 112.03. The lowest was 25.71. And the median was 51.40.

FRA:6I4's Days Inventory is ranked worse than
65.66% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs FRA:6I4: 102.84

Zaptec ASA's Days Inventory increased from Dec. 2022 (45.09) to Dec. 2023 (132.59). It might indicate that Zaptec ASA's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zaptec ASA's Inventory Turnover for the three months ended in Dec. 2023 was 0.69.

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. Zaptec ASA's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.05.

Zaptec ASA Days Inventory Historical Data

The historical data trend for Zaptec ASA'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.

Zaptec ASA Days Inventory Chart

Zaptec ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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55.09

40.88

25.71

47.70

112.03

Zaptec ASA Quarterly Data
	Dec17	Dec18	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														45.09	76.11	83.47	98.64	132.59

Competitive Comparison of Zaptec ASA's Days Inventory

For the Auto Parts subindustry, Zaptec ASA'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.

Zaptec ASA's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zaptec ASA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zaptec ASA's Days Inventory falls into.

Zaptec ASA Days Inventory Calculation

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

Zaptec ASA'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
=	( (8.674	+	38.885)	/	2 )	/	77.474	*	365
=	23.7795					/	77.474	*	365
=	112.03

Zaptec ASA'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
=	( (26.176	+	38.885)	/	2 )	/	22.388	*	365 / 4
=	32.5305					/	22.388	*	365 / 4
=	132.59

Zaptec ASA (FRA:6I4) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.388	/	32.5305
	=	0.69

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.5305	/	30.855
	=	1.05

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.

Zaptec ASA Days Inventory Related Terms

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

Zaptec ASA (FRA:6I4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zaptec ASA (FRA:6I4) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ZAPO:Sweden ZAP:Norway

Address

Professor Olav Hanssens vei 7A, Stavanger, NOR, 4021

Website

https://www.zaptec.com

Zaptec ASA is a technology company within Electronic vehicle (EV) charging systems in Europe. The company develops EV charging systems for multi and single-family homes and office buildings. The product portfolio enables a large number of charging points at a low cost and includes Zaptec Pro, Zaptec Go, Charge365 payment services, Charging columns, Zaptec Portal, and Zaptec APM. The company accelerates the electrification of the transport sector to assist European countries in reducing CO2 emissions from light-duty cars.

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