Materialise NV (Materialise NV) Days Inventory

: 53.94 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Materialise NV's Average Total Inventories for the three months ended in Dec. 2023 was $17.9 Mil. Materialise NV's Cost of Goods Sold for the three months ended in Dec. 2023 was $30.3 Mil. Hence, Materialise NV's Days Inventory for the three months ended in Dec. 2023 was 53.94.

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

MTLS' s Days Inventory Range Over the Past 10 Years
Min: 37.42 Med: 45.15 Max: 52.71
Current: 52.71

During the past 13 years, Materialise NV's highest Days Inventory was 52.71. The lowest was 37.42. And the median was 45.15.

MTLS's Days Inventory is ranked worse than
68.37% of 1565 companies
in the Software industry
Industry Median: 19.53 vs MTLS: 52.71

Materialise NV's Days Inventory increased from Dec. 2022 (50.58) to Dec. 2023 (53.94). It might indicate that Materialise NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Materialise NV's Inventory Turnover for the three months ended in Dec. 2023 was 1.69.

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. Materialise NV's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.

Materialise NV Days Inventory Historical Data

The historical data trend for Materialise NV'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.

Materialise NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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45.24

48.79

43.51

47.65

51.62

Materialise NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															50.58	48.82	51.98	56.98	53.94

Competitive Comparison

For the Software - Application subindustry, Materialise NV'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.

Materialise NV Days Inventory Distribution

For the Software industry and Technology sector, Materialise NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Materialise NV's Days Inventory falls into.

Materialise NV Days Inventory Calculation

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

Materialise NV'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
=	( (16.354	+	17.881)	/	2 )	/	121.044	*	365
=	17.1175					/	121.044	*	365
=	51.62

Materialise NV'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
=	( (17.891	+	17.881)	/	2 )	/	30.259	*	365 / 4
=	17.886					/	30.259	*	365 / 4
=	53.94

Materialise NV (NAS:MTLS) 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.

Materialise NV's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	30.259	/	17.886
	=	1.69

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.

Materialise NV's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.886	/	71.206
	=	0.25

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.

Materialise NV Days Inventory Related Terms

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

Materialise NV (Materialise NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Materialise NV (NAS:MTLS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

06MA:Germany 06MA:Germany

Address

Technologielaan 15, Leuven, BEL, 3001

Website

https://www.materialise.com

Materialise NV is a provider of 3D printing services. The products and services of the group are organized in the three segments: Medical segment, which develops and delivers medical software solutions, medical devices, and other related products and services; Software segment, which develops and delivers additive manufacturing software solutions and related services; and Manufacturing segment, which delivers 3D printed products and related services. Its geographical segments are the United States, the Americas (excluding the USA), Belgium, Germany, France, Switzerland, the United Kingdom, Italy, Netherlands, Other Europe, and the Asia Pacific.