Frequentis AG (WBO:FQT) Days Inventory : 84.17 (As of Dec. 2023)

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What is Frequentis AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Frequentis AG's Average Total Inventories for the six months ended in Dec. 2023 was €28.2 Mil. Frequentis AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €61.1 Mil. Hence, Frequentis AG's Days Inventory for the six months ended in Dec. 2023 was 84.17.

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

WBO:FQT' s Days Inventory Range Over the Past 10 Years
Min: 56.4 Med: 61.8 Max: 93.08
Current: 93.08

During the past 8 years, Frequentis AG's highest Days Inventory was 93.08. The lowest was 56.40. And the median was 61.80.

WBO:FQT's Days Inventory is ranked better than
55.4% of 2408 companies
in the Hardware industry
Industry Median: 102.555 vs WBO:FQT: 93.08

Frequentis AG's Days Inventory increased from Dec. 2022 (75.64) to Dec. 2023 (84.17). It might indicate that Frequentis AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Frequentis AG's Inventory Turnover for the six months ended in Dec. 2023 was 2.17.

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. Frequentis AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.

Frequentis AG Days Inventory Historical Data

The historical data trend for Frequentis AG'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.

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Frequentis AG Days Inventory Chart

Frequentis AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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56.40

58.00

63.61

68.26

83.48

Frequentis AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									61.79	102.71	75.64	118.82	84.17

Competitive Comparison of Frequentis AG's Days Inventory

For the Communication Equipment subindustry, Frequentis 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.

Frequentis AG's Days Inventory Distribution in the Hardware Industry

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

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

Frequentis AG Days Inventory Calculation

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

Frequentis AG'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
=	( (21.002	+	25.238)	/	2 )	/	101.086	*	365
=	23.12					/	101.086	*	365
=	83.48

Frequentis AG'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
=	( (31.099	+	25.238)	/	2 )	/	61.073	*	365 / 2
=	28.1685					/	61.073	*	365 / 2
=	84.17

Frequentis AG (WBO:FQT) 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.

Frequentis AG's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	61.073	/	28.1685
	=	2.17

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.

Frequentis AG's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	28.1685	/	240.688
	=	0.12

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.

Frequentis AG Days Inventory Related Terms

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

Frequentis AG (WBO:FQT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

FQT:Germany

Address

Innovationstrasse 1, Vienna, AUT, 1100

Website

https://www.frequentis.com

Frequentis AG provides communication and information solutions for safety-critical applications. The company serves the air traffic management sector; public safety, public transport; and maritime markets. It offers Custom-tailored control center solutions through the operating segments of Air Traffic Management (ATM); Public Safety and Transport. It derives a majority of its revenue from the Air Traffic Management segment whose main customers are civil and military air traffic control organizations and homeland security authorities. Public Safety and Transport segment comprise the public safety, public transport, and maritime business units. The order intake is majorly from the European market.

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