Funkwerk AG (FRA:FEW) Days Inventory : 176.24 (As of Dec. 2022)

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What is Funkwerk AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Funkwerk AG's Average Total Inventories for the six months ended in Dec. 2022 was €37.3 Mil. Funkwerk AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €38.6 Mil. Hence, Funkwerk AG's Days Inventory for the six months ended in Dec. 2022 was 176.24.

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

FRA:FEW' s Days Inventory Range Over the Past 10 Years
Min: 98.41 Med: 167.48 Max: 372.31
Current: 372.31

During the past 13 years, Funkwerk AG's highest Days Inventory was 372.31. The lowest was 98.41. And the median was 167.48.

FRA:FEW's Days Inventory is ranked worse than
94.43% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs FRA:FEW: 372.31

Funkwerk AG's Days Inventory increased from Dec. 2021 (167.68) to Dec. 2022 (176.24). It might indicate that Funkwerk AG'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. Funkwerk AG's Inventory Turnover for the six months ended in Dec. 2022 was 1.04.

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. Funkwerk AG's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.44.

Funkwerk AG Days Inventory Historical Data

The historical data trend for Funkwerk 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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Funkwerk AG Days Inventory Chart

Funkwerk AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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161.78

184.55

173.00

240.09

312.55

Funkwerk AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Days Inventory	Get a 7-Day Free Trial															169.82	167.68	213.33	176.24	-

Competitive Comparison of Funkwerk AG's Days Inventory

For the Communication Equipment subindustry, Funkwerk 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.

Funkwerk AG's Days Inventory Distribution in the Hardware Industry

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

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

Funkwerk AG Days Inventory Calculation

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

Funkwerk 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
=	( (53.658	+	61.355)	/	2 )	/	67.157	*	365
=	57.5065					/	67.157	*	365
=	312.55

Funkwerk AG's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (20.964	+	53.658)	/	2 )	/	38.637	*	365 / 2
=	37.311					/	38.637	*	365 / 2
=	176.24

Funkwerk AG (FRA:FEW) 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.

Funkwerk AG's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	38.637	/	37.311
	=	1.04

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.

Funkwerk AG's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.311	/	84.225
	=	0.44

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.

Funkwerk AG Days Inventory Related Terms

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

Funkwerk AG (FRA:FEW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Funkwerk AG (FRA:FEW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FEW:Germany

Address

Im Funkwerk 5, Kölleda / Thuringia, DEU, 99625

Website

http://www.funkwerk.com

Funkwerk AG is a supplier of communication, information and security systems. Funkwerk provides tailor-made concepts for railway companies, vehicle manufacturers, industrial companies, transport, logistics, buildings and public, and private institutions. It also develops radio equipment's for railway companies, public transport, inland waterways, and airports, intelligent electronic security systems to protect buildings, squares, industrial buildings, property, and persons.

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