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Massivit 3D Printing Technologies (XTAE:MSVT) Days Inventory : 304.15 (As of Dec. 2023)


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What is Massivit 3D Printing Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Massivit 3D Printing Technologies's Average Total Inventories for the six months ended in Dec. 2023 was ₪19.79 Mil. Massivit 3D Printing Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was ₪11.88 Mil. Hence, Massivit 3D Printing Technologies's Days Inventory for the six months ended in Dec. 2023 was 304.15.

The historical rank and industry rank for Massivit 3D Printing Technologies's Days Inventory or its related term are showing as below:

XTAE:MSVT' s Days Inventory Range Over the Past 10 Years
Min: 145.52   Med: 202.6   Max: 274.19
Current: 254.91

During the past 4 years, Massivit 3D Printing Technologies's highest Days Inventory was 274.19. The lowest was 145.52. And the median was 202.60.

XTAE:MSVT's Days Inventory is ranked worse than
87.75% of 2408 companies
in the Hardware industry
Industry Median: 102.415 vs XTAE:MSVT: 254.91

Massivit 3D Printing Technologies's Days Inventory increased from Dec. 2022 (157.43) to Dec. 2023 (304.15). It might indicate that Massivit 3D Printing Technologies's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Massivit 3D Printing Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 0.60.

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. Massivit 3D Printing Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.69.

Massivit 3D Printing Technologies Days Inventory Historical Data

The historical data trend for Massivit 3D Printing Technologies'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.

Massivit 3D Printing Technologies Days Inventory Chart

Massivit 3D Printing Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
274.21 145.52 168.79 236.39

Massivit 3D Printing Technologies Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 108.17 186.91 157.43 228.74 304.15

Competitive Comparison of Massivit 3D Printing Technologies's Days Inventory

For the Computer Hardware subindustry, Massivit 3D Printing Technologies'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.

Massivit 3D Printing Technologies's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Massivit 3D Printing Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Massivit 3D Printing Technologies's Days Inventory falls into.


Massivit 3D Printing Technologies Days Inventory Calculation

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

Massivit 3D Printing Technologies'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
=( (13.348 + 19.376) / 2 ) / 25.264*365
=16.362 / 25.264*365
=236.39

Massivit 3D Printing Technologies'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
=( (20.212 + 19.376) / 2 ) / 11.877*365 / 2
=19.794 / 11.877*365 / 2
=304.15

* 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.

Massivit 3D Printing Technologies  (XTAE:MSVT) 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.

Massivit 3D Printing Technologies's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=11.877 / 19.794
=0.60

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.

Massivit 3D Printing Technologies's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=19.794 / 28.555
=0.69

* 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.

Massivit 3D Printing Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Massivit 3D Printing Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Massivit 3D Printing Technologies (XTAE:MSVT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Massivit 3D Printing Technologies Ltd (XTAE:MSVT) » Definitions » Days Inventory
Comparable Companies
XTAE:DM3 XTAE:BLRN ANET DELL SZSE:002415 HPQ TSE:7751 TPE:2382 SHSE:688041 NTAP STX HKSE:00992 WDC SMCI XSWX:LOGN PSTG TPE:2395 TPE:6669 TPE:3231 TPE:2357
Traded in Other Exchanges
N/A
Address
11 Pesakh Lev Street, Lod, ISR, 712936
Website
https://www.massivit3d.com
Massivit 3D Printing Technologies Ltd is engaged in providing 3D printing solutions for the Engineering, Visual Communications, Entertainment, Academia, Interior Design, and Architectural markets.

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