Days Inventory is also known as Days Sales of Inventory (DSI). Bechtle AG's Average Total Inventories for the
three
months ended in Dec. 2023 was €503 Mil. Bechtle AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €1,590 Mil.
Hence, Bechtle AG's Days Inventory for the
three
months ended in Dec. 2023 was 28.88.
The historical rank and industry rank for Bechtle AG's Days Inventory or its related term are showing as below:
FRA:BC8'
s Days Inventory Range Over the Past 10 Years
Min: 19.81 Med: 23.96 Max: 41.12
Current: 38.97
During the past 13 years, Bechtle AG's highest Days Inventory was 41.12. The lowest was 19.81. And the median was 23.96.
FRA:BC8's Days Inventory is ranked worse than 63.32% of 1565
companies
in the Software industry
Industry Median: 19.61
vs FRA:BC8: 38.97
Bechtle AG's Days Inventory
declined
from Dec. 2022 (41.14) to Dec. 2023 (28.88).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Bechtle AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 3.16.
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.
Bechtle AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.27.
Bechtle AG Days Inventory Historical Data
The historical data trend for Bechtle 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.
For the Information Technology Services subindustry, Bechtle 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.
Bechtle AG Days Inventory Distribution
For the Software industry and Technology sector, Bechtle AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Bechtle AG's Days Inventory falls into.
Bechtle AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Bechtle AG's Days Inventory for the fiscal year that 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.
Bechtle AG (FRA:BC8) 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.
Bechtle AG's Inventory Turnover for the
three
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.
Bechtle AG's Inventory to Revenue for the
three
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.
Bechtle AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Bechtle AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Bechtle AG is an information technology provider with operations in Germany, Austria, Switzerland, and other European countries. The company's customers are mainly in the industrial, trade, financial, and public sectors. Bechtle operates through two segments: IT System House and Managed Services, and IT E-commerce. The IT System House and Managed Services segment consist of IT strategy consulting, hardware and software sales, project planning and roll-out, system integrations, IT services and training, and client management, among others. The IT E-commerce segment includes e-procurement services, software solutions, and product marketing through the Internet and telemarketing.
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