Days Inventory is also known as Days Sales of Inventory (DSI). Rational AG's Average Total Inventories for the
three
months ended in Dec. 2023 was $119 Mil. Rational AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $136 Mil.
Hence, Rational AG's Days Inventory for the
three
months ended in Dec. 2023 was 79.89.
The historical rank and industry rank for Rational AG's Days Inventory or its related term are showing as below:
RATIY'
s Days Inventory Range Over the Past 10 Years
Min: 51.98 Med: 61.87 Max: 91.95
Current: 85.51
During the past 13 years, Rational AG's highest Days Inventory was 91.95. The lowest was 51.98. And the median was 61.87.
RATIY's Days Inventory is ranked better than 70.11% of 2907
companies
in the Industrial Products industry
Industry Median: 120.15
vs RATIY: 85.51
Rational AG's Days Inventory
increased
from Dec. 2022 (78.47) to Dec. 2023 (79.89).
It might indicate that Rational AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Rational AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.14.
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.
Rational AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.37.
Rational AG Days Inventory Historical Data
The historical data trend for Rational 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.
Competitive Comparison of Rational AG's Days Inventory
For the Specialty Industrial Machinery subindustry, Rational 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.
Rational AG's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Rational AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Rational AG's Days Inventory falls into.
Rational AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Rational 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.
Rational AG (OTCPK:RATIY) 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.
Rational 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.
Rational 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.
Rational AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Rational AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Rational specializes in manufacturing automated multifunctional ovens for professional kitchens that replace conventional cooking appliances such as a stove, grill, and oven. Rational has produced over 1 million combi-steamers since its first combi-steamer in 1976, which are used to prepare 140 million food dishes daily. Approximately 72% of group revenue is generated from the sale of cooking appliances, mostly the iCombi Pro that was launched in May 2020 and its predecessor product. Rational has a presence in over 120 countries. The majority of revenue is earned in Europe, followed by North America and Asia.
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