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M+S Hidravlik AD (XBUL:MSH) Days Inventory : 193.88 (As of Dec. 2023)


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What is M+S Hidravlik AD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). M+S Hidravlik AD's Average Total Inventories for the three months ended in Dec. 2023 was лв27.7 Mil. M+S Hidravlik AD's Cost of Goods Sold for the three months ended in Dec. 2023 was лв13.0 Mil. Hence, M+S Hidravlik AD's Days Inventory for the three months ended in Dec. 2023 was 193.88.

The historical rank and industry rank for M+S Hidravlik AD's Days Inventory or its related term are showing as below:

XBUL:MSH' s Days Inventory Range Over the Past 10 Years
Min: 80.62   Med: 95.21   Max: 110.22
Current: 110.22

During the past 13 years, M+S Hidravlik AD's highest Days Inventory was 110.22. The lowest was 80.62. And the median was 95.21.

XBUL:MSH's Days Inventory is ranked better than
55.12% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs XBUL:MSH: 110.22

M+S Hidravlik AD's Days Inventory increased from Dec. 2022 (85.16) to Dec. 2023 (193.88). It might indicate that M+S Hidravlik AD'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. M+S Hidravlik AD's Inventory Turnover for the three months ended in Dec. 2023 was 0.47.

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. M+S Hidravlik AD's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.62.


M+S Hidravlik AD Days Inventory Historical Data

The historical data trend for M+S Hidravlik AD'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.

M+S Hidravlik AD Days Inventory Chart

M+S Hidravlik AD 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 102.07 106.13 83.92 80.62 102.11

M+S Hidravlik AD 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 85.16 94.50 106.59 99.08 193.88

Competitive Comparison of M+S Hidravlik AD's Days Inventory

For the Specialty Industrial Machinery subindustry, M+S Hidravlik AD'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.


M+S Hidravlik AD's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, M+S Hidravlik AD's Days Inventory distribution charts can be found below:

* The bar in red indicates where M+S Hidravlik AD's Days Inventory falls into.



M+S Hidravlik AD Days Inventory Calculation

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

M+S Hidravlik AD'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
=( (29.154 + 26.526) / 2 ) / 99.519*365
=27.84 / 99.519*365
=102.11

M+S Hidravlik AD'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
=( (28.853 + 26.526) / 2 ) / 13.032*365 / 4
=27.6895 / 13.032*365 / 4
=193.88

* 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.


M+S Hidravlik AD  (XBUL:MSH) 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.

M+S Hidravlik AD'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.

M+S Hidravlik AD'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.


M+S Hidravlik AD Days Inventory Related Terms

Thank you for viewing the detailed overview of M+S Hidravlik AD's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


M+S Hidravlik AD (XBUL:MSH) Business Description

Traded in Other Exchanges
N/A
Address
68, Kozloduy Street, Kazanlak, BGR, 6100
M+S Hidravlik AD is a Bulgaria-based company that is principally engaged in the industrial equipment industry. It distributes and repairs hydraulic motors, steering units, valves, brakes, and accessories. The company's product range includes hydraulic motors, hydraulic disc brakes, crossover, switch and relief valves for hydraulic motors, as well as hydrostatic steering units and accessories for steering units.

M+S Hidravlik AD (XBUL:MSH) Headlines

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