Miba AG (WBO:MBV) Days Inventory : 122.36 (As of Jul. 2015)

View and export this data going back to . Start your Free Trial

What is Miba AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Miba AG's Average Total Inventories for the three months ended in Jul. 2015 was €100.60 Mil. Miba AG's Cost of Goods Sold for the three months ended in Jul. 2015 was €75.02 Mil. Hence, Miba AG's Days Inventory for the three months ended in Jul. 2015 was 122.36.

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

WBO:MBV' s Days Inventory Range Over the Past 10 Years
Min: 99.4 Med: 112.66 Max: 122.73
Current: 122.73

During the past 6 years, Miba AG's highest Days Inventory was 122.73. The lowest was 99.40. And the median was 112.66.

WBO:MBV's Days Inventory is not ranked
in the Vehicles & Parts industry.
Industry Median: 80.85 vs WBO:MBV: 122.73

Miba AG's Days Inventory increased from Jul. 2014 (113.30) to Jul. 2015 (122.36). It might indicate that Miba AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Miba AG's Inventory Turnover for the three months ended in Jul. 2015 was 0.75.

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. Miba AG's Inventory-to-Revenue for the three months ended in Jul. 2015 was 0.54.

Miba AG Days Inventory Historical Data

The historical data trend for Miba 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.

* Premium members only.

Miba AG Days Inventory Chart

Miba AG Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Days Inventory

Get a 7-Day Free Trial

116.52

102.23

118.72

117.16

117.50

Miba AG Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Days Inventory	Get a 7-Day Free Trial															113.30	121.01	134.64	119.83	122.36

Competitive Comparison of Miba AG's Days Inventory

For the Auto Parts subindustry, Miba 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.

Miba AG's Days Inventory Distribution in the Vehicles & Parts Industry

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

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

Miba AG Days Inventory Calculation

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

Miba AG's Days Inventory for the fiscal year that ended in Jan. 2015 is calculated as

	Days Inventory (A: Jan. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2014 )	+	Total Inventories (A: Jan. 2015 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2015 )	*	Days in Period
=	( (78.236	+	93.084)	/	2 )	/	266.1	*	365
=	85.66					/	266.1	*	365
=	117.50

Miba AG's Days Inventory for the quarter that ended in Jul. 2015 is calculated as:

	Days Inventory (Q: Jul. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2015 )	+	Total Inventories (Q: Jul. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2015 )	*	Days in Period
=	( (97.529	+	103.667)	/	2 )	/	75.024	*	365 / 4
=	100.598					/	75.024	*	365 / 4
=	122.36

Miba AG (WBO:MBV) 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.

Miba AG's Inventory Turnover for the three months ended in Jul. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	75.024	/	100.598
	=	0.75

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.

Miba AG's Inventory to Revenue for the three months ended in Jul. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	100.598	/	184.874
	=	0.54

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.

Miba AG Days Inventory Related Terms

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

Miba AG (WBO:MBV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Miba AG (WBO:MBV) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.miba.com

Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

Miba AG (WBO:MBV) Headlines

No Headlines