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Andritz AG (WBO:ANDR) Days Inventory : 80.78 (As of Dec. 2023)


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What is Andritz AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Andritz AG's Average Total Inventories for the three months ended in Dec. 2023 was €1,205 Mil. Andritz AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,361 Mil. Hence, Andritz AG's Days Inventory for the three months ended in Dec. 2023 was 80.78.

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

WBO:ANDR' s Days Inventory Range Over the Past 10 Years
Min: 73.25   Med: 90.54   Max: 99.53
Current: 93.36

During the past 13 years, Andritz AG's highest Days Inventory was 99.53. The lowest was 73.25. And the median was 90.54.

WBO:ANDR's Days Inventory is ranked worse than
54.23% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.29 vs WBO:ANDR: 93.36

Andritz AG's Days Inventory declined from Dec. 2022 (84.75) to Dec. 2023 (80.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Andritz AG's Inventory Turnover for the three months ended in Dec. 2023 was 1.13.

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. Andritz AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.


Andritz AG Days Inventory Historical Data

The historical data trend for Andritz 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.

Andritz AG Days Inventory Chart

Andritz AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.71 79.99 91.76 94.78 89.65

Andritz 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 Get a 7-Day Free Trial 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 84.75 107.34 96.46 96.70 80.78

Competitive Comparison of Andritz AG's Days Inventory

For the Industrial Distribution subindustry, Andritz 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.


Andritz AG's Days Inventory Distribution in the Industrial Distribution Industry

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

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



Andritz AG Days Inventory Calculation

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

Andritz 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
=( (1135.5 + 1165.3) / 2 ) / 4683.6*365
=1150.4 / 4683.6*365
=89.65

Andritz 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
=( (1245 + 1165.3) / 2 ) / 1361.3*365 / 4
=1205.15 / 1361.3*365 / 4
=80.78

* 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.


Andritz AG  (WBO:ANDR) 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.

Andritz 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.

Andritz 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.


Andritz AG Days Inventory Related Terms

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


Andritz AG (WBO:ANDR) Business Description

Address
Stattegger Strasse 18, Graz, AUT, 8045
Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.