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GEA Group AG (GEA Group AG) Days Inventory

: 81.89 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). GEA Group AG's Average Total Inventories for the three months ended in Dec. 2023 was $930 Mil. GEA Group AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,037 Mil. Hence, GEA Group AG's Days Inventory for the three months ended in Dec. 2023 was 81.89.

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

GEAGF' s Days Inventory Range Over the Past 10 Years
Min: 60.69   Med: 67.85   Max: 90.03
Current: 90.03

During the past 13 years, GEA Group AG's highest Days Inventory was 90.03. The lowest was 60.69. And the median was 67.85.

GEAGF's Days Inventory is ranked better than
67.15% of 2907 companies
in the Industrial Products industry
Industry Median: 121.29 vs GEAGF: 90.03

GEA Group AG's Days Inventory increased from Dec. 2022 (78.88) to Dec. 2023 (81.89). It might indicate that GEA Group AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GEA Group AG's Inventory Turnover for the three months ended in Dec. 2023 was 1.11.

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. GEA Group AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


GEA Group AG Days Inventory Historical Data

The historical data trend for GEA Group 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.

GEA Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.42 65.68 72.06 77.84 80.34

GEA Group AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 78.88 93.23 95.66 97.42 81.89

Competitive Comparison

For the Specialty Industrial Machinery subindustry, GEA Group 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.


GEA Group AG Days Inventory Distribution

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

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



GEA Group AG Days Inventory Calculation

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

GEA Group 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
=( (833.063 + 872.113) / 2 ) / 3873.302*365
=852.588 / 3873.302*365
=80.34

GEA Group 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (988.661 + 872.113) / 2 ) / 1036.717*365 / 4
=930.387 / 1036.717*365 / 4
=81.89

* 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.


GEA Group AG  (OTCPK:GEAGF) 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.

GEA Group 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.

GEA Group 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.


GEA Group AG Days Inventory Related Terms

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


GEA Group AG (GEA Group AG) Business Description

Address
Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468
GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.