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Dassault Aviation (WBO:DAAV) Days Inventory : 584.47 (As of Dec. 2023)


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What is Dassault Aviation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dassault Aviation's Average Total Inventories for the six months ended in Dec. 2023 was €5,022 Mil. Dassault Aviation's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,568 Mil. Hence, Dassault Aviation's Days Inventory for the six months ended in Dec. 2023 was 584.47.

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

WBO:DAAV' s Days Inventory Range Over the Past 10 Years
Min: 246.94   Med: 403.05   Max: 661.66
Current: 568.97

During the past 13 years, Dassault Aviation's highest Days Inventory was 661.66. The lowest was 246.94. And the median was 403.05.

WBO:DAAV's Days Inventory is ranked worse than
94.1% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.735 vs WBO:DAAV: 568.97

Dassault Aviation's Days Inventory increased from Dec. 2022 (255.84) to Dec. 2023 (584.47). It might indicate that Dassault Aviation's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dassault Aviation's Inventory Turnover for the six months ended in Dec. 2023 was 0.31.

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. Dassault Aviation's Inventory-to-Revenue for the six months ended in Dec. 2023 was 2.00.


Dassault Aviation Days Inventory Historical Data

The historical data trend for Dassault Aviation'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.

Dassault Aviation Days Inventory Chart

Dassault Aviation 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 246.94 307.74 257.59 283.01 561.05

Dassault Aviation Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 241.22 348.22 255.84 560.19 584.47

Competitive Comparison of Dassault Aviation's Days Inventory

For the Aerospace & Defense subindustry, Dassault Aviation'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.


Dassault Aviation's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Dassault Aviation's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dassault Aviation's Days Inventory falls into.



Dassault Aviation Days Inventory Calculation

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

Dassault Aviation'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
=( (3922.158 + 5258.273) / 2 ) / 2986.263*365
=4590.2155 / 2986.263*365
=561.05

Dassault Aviation'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4784.826 + 5258.273) / 2 ) / 1567.982*365 / 2
=5021.5495 / 1567.982*365 / 2
=584.47

* 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.


Dassault Aviation  (WBO:DAAV) 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.

Dassault Aviation's Inventory Turnover for the six 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.

Dassault Aviation's Inventory to Revenue for the six 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.


Dassault Aviation Days Inventory Related Terms

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


Dassault Aviation (WBO:DAAV) Business Description

Traded in Other Exchanges
Address
9, Rond-Point des Champs-Elysees, Marcel Dassault, Paris, FRA, 75008
Dassault Aviation, a subsidiary of French multinational company Dassault Group, designs, builds and maintains military fighter jets, and is one of the largest manufacturers of business jets. Dassault has a 24.8% stake in narrow-moat Thales, which contributes significantly to Dassault's net profit. In 2021, Dassault Aviation generated EUR 7.2 billion in revenue with 12,000 employees. About 70% of revenue comes from defense aircraft equipment sales and services, while Falcon business jets generate the remaining 30% of sales.

Dassault Aviation (WBO:DAAV) Headlines

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