Days Inventory is also known as Days Sales of Inventory (DSI). Ceconomy AG's Average Total Inventories for the
three
months ended in Dec. 2023 was $3,492 Mil. Ceconomy AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $6,314 Mil.
Hence, Ceconomy AG's Days Inventory for the
three
months ended in Dec. 2023 was 50.47.
The historical rank and industry rank for Ceconomy AG's Days Inventory or its related term are showing as below:
MTTRY'
s Days Inventory Range Over the Past 10 Years
Min: 43.67 Med: 59.8 Max: 114.27
Current: 63.25
During the past 13 years, Ceconomy AG's highest Days Inventory was 114.27. The lowest was 43.67. And the median was 59.80.
MTTRY's Days Inventory is ranked better than 72.07% of 1067
companies
in the Retail - Cyclical industry
Industry Median: 110.2
vs MTTRY: 63.25
Ceconomy AG's Days Inventory
increased
from Dec. 2022 (49.14) to Dec. 2023 (50.47).
It might indicate that Ceconomy AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ceconomy AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.81.
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.
Ceconomy AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.46.
Ceconomy AG Days Inventory Historical Data
The historical data trend for Ceconomy 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.
Ceconomy AG Annual Data
Trend
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Sep22
Sep23
Days Inventory
54.57
57.06
62.50
69.83
58.47
Ceconomy 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
49.14
66.12
72.64
62.19
50.47
Competitive Comparison
For the Specialty Retail subindustry, Ceconomy 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.
Ceconomy AG Days Inventory Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Ceconomy AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ceconomy AG's Days Inventory falls into.
Ceconomy AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ceconomy AG's Days Inventory for the fiscal year that ended in Sep. 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.
Ceconomy AG (OTCPK:MTTRY) 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.
Ceconomy 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.
Ceconomy 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.
Ceconomy AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Ceconomy AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ceconomy AG is engaged in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE, a music streaming service that comprises songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New, a purchasing service for consumer electronics, which allows customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world. Its operating segment includes DACH; Western/ Southern Europe; Eastern Europe and others. The company derives a majority of its revenue from the DACH segment which includes Germany, Austria, Switzerland, and Hungary.
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