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Sulzer AG (XSWX:SUN) Days Inventory : 84.94 (As of Dec. 2023)


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What is Sulzer AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sulzer AG's Average Total Inventories for the six months ended in Dec. 2023 was CHF518 Mil. Sulzer AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF1,112 Mil. Hence, Sulzer AG's Days Inventory for the six months ended in Dec. 2023 was 84.94.

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

XSWX:SUN' s Days Inventory Range Over the Past 10 Years
Min: 74.1   Med: 81.59   Max: 94.93
Current: 86.27

During the past 13 years, Sulzer AG's highest Days Inventory was 94.93. The lowest was 74.10. And the median was 81.59.

XSWX:SUN's Days Inventory is ranked better than
69.63% of 2904 companies
in the Industrial Products industry
Industry Median: 120.69 vs XSWX:SUN: 86.27

Sulzer AG's Days Inventory increased from Dec. 2022 (82.74) to Dec. 2023 (84.94). It might indicate that Sulzer AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sulzer AG's Inventory Turnover for the six months ended in Dec. 2023 was 2.15.

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. Sulzer AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.31.


Sulzer AG Days Inventory Historical Data

The historical data trend for Sulzer 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.

Sulzer AG Days Inventory Chart

Sulzer AG 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 86.36 94.93 81.87 81.30 84.52

Sulzer AG 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 83.21 84.03 82.74 89.41 84.94

Competitive Comparison of Sulzer AG's Days Inventory

For the Specialty Industrial Machinery subindustry, Sulzer 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.


Sulzer AG's Days Inventory Distribution in the Industrial Products Industry

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

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



Sulzer AG Days Inventory Calculation

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

Sulzer 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
=( (522.4 + 495.1) / 2 ) / 2197.1*365
=508.75 / 2197.1*365
=84.52

Sulzer 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
=( (540.4 + 495.1) / 2 ) / 1112.4*365 / 2
=517.75 / 1112.4*365 / 2
=84.94

* 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.


Sulzer AG  (XSWX:SUN) 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.

Sulzer AG'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.

Sulzer AG'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.


Sulzer AG Days Inventory Related Terms

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


Sulzer AG (XSWX:SUN) Business Description

Traded in Other Exchanges
Address
Neuwiesenstrasse 15, Winterthur, CHE, 8401
Sulzer AG specializes in pumping solutions, rotating equipment maintenance, and mixing technology. It serves customers operating in the oil and gas, power, and water markets. Pumping solutions focus on transporting and processing oil and derivatives, treating water, and renewable power generation. In addition, the company offers solutions for turbines, compressors, motors, and other rotating components and has technicians to provide maintenance. Sulzer's business segments include Flow Equipment, Services, Chemtech, and Others which primarily serve across the globe. While most of its revenues are generated from its Flow equipment and Services segment.

Sulzer AG (XSWX:SUN) Headlines