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Merus Power Oyj (OHEL:MERUS) Days Inventory : 210.63 (As of Dec. 2023)


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What is Merus Power Oyj Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Merus Power Oyj's Average Total Inventories for the six months ended in Dec. 2023 was €6.81 Mil. Merus Power Oyj's Cost of Goods Sold for the six months ended in Dec. 2023 was €5.90 Mil. Hence, Merus Power Oyj's Days Inventory for the six months ended in Dec. 2023 was 210.63.

The historical rank and industry rank for Merus Power Oyj's Days Inventory or its related term are showing as below:

OHEL:MERUS' s Days Inventory Range Over the Past 10 Years
Min: 77.97   Med: 182.12   Max: 343.47
Current: 208.07

During the past 6 years, Merus Power Oyj's highest Days Inventory was 343.47. The lowest was 77.97. And the median was 182.12.

OHEL:MERUS's Days Inventory is ranked worse than
77.68% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs OHEL:MERUS: 208.07

Merus Power Oyj's Days Inventory declined from Dec. 2022 (252.95) to Dec. 2023 (210.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Merus Power Oyj's Inventory Turnover for the six months ended in Dec. 2023 was 0.87.

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. Merus Power Oyj's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.44.


Merus Power Oyj Days Inventory Historical Data

The historical data trend for Merus Power Oyj'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.

Merus Power Oyj Days Inventory Chart

Merus Power Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 152.82 343.47 77.97 304.76 211.42

Merus Power Oyj Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.52 126.94 252.95 203.37 210.63

Competitive Comparison of Merus Power Oyj's Days Inventory

For the Specialty Industrial Machinery subindustry, Merus Power Oyj'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.


Merus Power Oyj's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Merus Power Oyj's Days Inventory distribution charts can be found below:

* The bar in red indicates where Merus Power Oyj's Days Inventory falls into.



Merus Power Oyj Days Inventory Calculation

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

Merus Power Oyj'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
=( (10.595 + 5.809) / 2 ) / 14.16*365
=8.202 / 14.16*365
=211.42

Merus Power Oyj'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
=( (7.812 + 5.809) / 2 ) / 5.901*365 / 2
=6.8105 / 5.901*365 / 2
=210.63

* 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.


Merus Power Oyj  (OHEL:MERUS) 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.

Merus Power Oyj'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.

Merus Power Oyj'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.


Merus Power Oyj Days Inventory Related Terms

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


Merus Power Oyj (OHEL:MERUS) Business Description

Traded in Other Exchanges
Address
Pirkkalaistie 1, Nokia, FIN, 37100
Merus Power Oyj Is engaged in the design, manufacturing and sale of domestic innovative electricity storage, power quality solutions and services. The company's business is based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise.

Merus Power Oyj (OHEL:MERUS) Headlines

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