Days Inventory is also known as Days Sales of Inventory (DSI). Steico SE's Average Total Inventories for the
six
months ended in Jun. 2023 was €68.1 Mil. Steico SE's Cost of Goods Sold for the
six
months ended in Jun. 2023 was €119.7 Mil.
Hence, Steico SE's Days Inventory for the
six
months ended in Jun. 2023 was 103.93.
The historical rank and industry rank for Steico SE's Days Inventory or its related term are showing as below:
XTER:ST5'
s Days Inventory Range Over the Past 10 Years
Min: 73.01 Med: 87.99 Max: 98.55
Current: 93.19
During the past 13 years, Steico SE's highest Days Inventory was 98.55. The lowest was 73.01. And the median was 87.99.
XTER:ST5's Days Inventory is ranked worse than 56.12% of 278
companies
in the Forest Products industry
Industry Median: 87.975
vs XTER:ST5: 93.19
Steico SE's Days Inventory
increased
from Jun. 2022 (62.75) to Jun. 2023 (103.93).
It might indicate that Steico SE's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Steico SE's Inventory Turnover for the
six
months ended in Jun. 2023 was 1.76.
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.
Steico SE's Inventory-to-Revenue for the
six
months ended in Jun. 2023 was 0.34.
Steico SE Days Inventory Historical Data
The historical data trend for Steico SE'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.
Competitive Comparison of Steico SE's Days Inventory
For the Lumber & Wood Production subindustry, Steico SE'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.
Steico SE's Days Inventory Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, Steico SE's Days Inventory distribution charts can be found below:
* The bar in red indicates where Steico SE's Days Inventory falls into.
Steico SE Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Steico SE's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Steico SE (XTER:ST5) 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.
Steico SE's Inventory Turnover for the
six
months ended in Jun. 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.
Steico SE's Inventory to Revenue for the
six
months ended in Jun. 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.
Steico SE Days Inventory Related Terms
Thank you for viewing the detailed overview of Steico SE's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Steico SE is engaged in the production and sale of a variety of wood fiber insulation products in the European market. Its products include expansion joint fillers, thermal insulation, floor insulation system, multi-purpose rigid insulation boards, multi-purpose wood fiberboards, thermal insulation composite system, sarking, and sheathing boards, construction elements, laminated veneer lumber, sealing systems, and others. The company operates in Germany, European Countries, and the rest of the world.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:ST5 has been successfully added to your 