CeoTronics AG (FRA:CEK) Days Inventory : 447.10 (As of Nov. 2023)

CeoTronics AG Days Inventory Chart

CeoTronics AG Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Days Inventory		Get a 7-Day Free Trial					247.60	204.70	233.72	252.20	275.31

CeoTronics AG Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Days Inventory	Get a 7-Day Free Trial															231.03	277.17	272.94	290.59	447.10

Competitive Comparison of CeoTronics AG's Days Inventory

For the Communication Equipment subindustry, CeoTronics 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.

CeoTronics AG's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CeoTronics AG's Days Inventory distribution charts can be found below:

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

CeoTronics AG Days Inventory Calculation

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

CeoTronics AG's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

CeoTronics AG's Days Inventory for the quarter that ended in Nov. 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.

CeoTronics AG  (FRA:CEK) 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.

CeoTronics AG's Inventory Turnover for the six months ended in Nov. 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.

CeoTronics AG's Inventory to Revenue for the six months ended in Nov. 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.

CeoTronics AG Days Inventory Related Terms

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CeoTronics AG (FRA:CEK) Business Description