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MGI Digital Graphic Technology (STU:2EI) Days Inventory : 862.94 (As of Dec. 2023)


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What is MGI Digital Graphic Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MGI Digital Graphic Technology's Average Total Inventories for the six months ended in Dec. 2023 was €33.74 Mil. MGI Digital Graphic Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was €7.14 Mil. Hence, MGI Digital Graphic Technology's Days Inventory for the six months ended in Dec. 2023 was 862.94.

The historical rank and industry rank for MGI Digital Graphic Technology's Days Inventory or its related term are showing as below:

STU:2EI' s Days Inventory Range Over the Past 10 Years
Min: 380.29   Med: 490.65   Max: 861.57
Current: 848.52

During the past 13 years, MGI Digital Graphic Technology's highest Days Inventory was 861.57. The lowest was 380.29. And the median was 490.65.

STU:2EI's Days Inventory is ranked worse than
98.3% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs STU:2EI: 848.52

MGI Digital Graphic Technology's Days Inventory declined from Dec. 2022 (881.75) to Dec. 2023 (862.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. MGI Digital Graphic Technology's Inventory Turnover for the six months ended in Dec. 2023 was 0.21.

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. MGI Digital Graphic Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.30.


MGI Digital Graphic Technology Days Inventory Historical Data

The historical data trend for MGI Digital Graphic Technology'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.

MGI Digital Graphic Technology Days Inventory Chart

MGI Digital Graphic Technology 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 380.29 861.57 764.06 619.25 831.93

MGI Digital Graphic Technology 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 1,470.31 513.33 881.75 850.34 862.94

Competitive Comparison of MGI Digital Graphic Technology's Days Inventory

For the Computer Hardware subindustry, MGI Digital Graphic Technology'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.


MGI Digital Graphic Technology's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MGI Digital Graphic Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where MGI Digital Graphic Technology's Days Inventory falls into.



MGI Digital Graphic Technology Days Inventory Calculation

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

MGI Digital Graphic Technology'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
=( (29.326 + 33.946) / 2 ) / 13.88*365
=31.636 / 13.88*365
=831.93

MGI Digital Graphic Technology'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
=( (33.529 + 33.946) / 2 ) / 7.135*365 / 2
=33.7375 / 7.135*365 / 2
=862.94

* 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.


MGI Digital Graphic Technology  (STU:2EI) 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.

MGI Digital Graphic Technology'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.

MGI Digital Graphic Technology'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.


MGI Digital Graphic Technology Days Inventory Related Terms

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


MGI Digital Graphic Technology (STU:2EI) Business Description

Traded in Other Exchanges
Address
4, rue de la Meridienn, Fresnes, FRA, 94260
MGI Digital Graphic Technology SA is a France-based company engaged in designing, manufacturing, and selling digital printing and finishing equipment for the graphics industry. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot UV coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions.

MGI Digital Graphic Technology (STU:2EI) Headlines

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