CropEnergies AG (XTER:CE2) Days Inventory : 38.43 (As of Nov. 2023)

CropEnergies AG Days Inventory Chart

CropEnergies AG Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Days Inventory		Get a 7-Day Free Trial					43.09	40.14	42.91	40.50	40.18

CropEnergies AG Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															41.85	43.15	42.31	39.82	38.43

Competitive Comparison of CropEnergies AG's Days Inventory

For the Specialty Chemicals subindustry, CropEnergies 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.

CropEnergies AG's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CropEnergies AG's Days Inventory distribution charts can be found below:

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

CropEnergies AG Days Inventory Calculation

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

CropEnergies AG's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

CropEnergies AG's Days Inventory for the quarter that ended in Nov. 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.

CropEnergies AG  (XTER:CE2) 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.

CropEnergies AG's Inventory Turnover for the three months ended in Nov. 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.

CropEnergies AG's Inventory to Revenue for the three months ended in Nov. 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.

CropEnergies AG Days Inventory Related Terms

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CropEnergies AG (XTER:CE2) Business Description