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ADSEW (ADS-TEC Energy) Days Inventory : 112.38 (As of Jun. 2024)


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What is ADS-TEC Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ADS-TEC Energy's Average Total Inventories for the six months ended in Jun. 2024 was $42.15 Mil. ADS-TEC Energy's Cost of Goods Sold for the six months ended in Jun. 2024 was $68.45 Mil. Hence, ADS-TEC Energy's Days Inventory for the six months ended in Jun. 2024 was 112.38.

The historical rank and industry rank for ADS-TEC Energy's Days Inventory or its related term are showing as below:

ADSEW' s Days Inventory Range Over the Past 10 Years
Min: 125.61   Med: 216.45   Max: 436.36
Current: 125.61

During the past 6 years, ADS-TEC Energy's highest Days Inventory was 436.36. The lowest was 125.61. And the median was 216.45.

ADSEW's Days Inventory is ranked worse than
52.62% of 2925 companies
in the Industrial Products industry
Industry Median: 120.21 vs ADSEW: 125.61

ADS-TEC Energy's Days Inventory declined from Jun. 2023 (267.21) to Jun. 2024 (112.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. ADS-TEC Energy's Inventory Turnover for the six months ended in Jun. 2024 was 1.62.

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. ADS-TEC Energy's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.49.


ADS-TEC Energy Days Inventory Historical Data

The historical data trend for ADS-TEC Energy'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.

ADS-TEC Energy Days Inventory Chart

ADS-TEC Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 436.36 216.45 187.73 396.08 150.17

ADS-TEC Energy Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 271.61 - 267.21 128.20 112.38

Competitive Comparison of ADS-TEC Energy's Days Inventory

For the Electrical Equipment & Parts subindustry, ADS-TEC Energy'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.


ADS-TEC Energy's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ADS-TEC Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where ADS-TEC Energy's Days Inventory falls into.



ADS-TEC Energy Days Inventory Calculation

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

ADS-TEC Energy'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
=( (56.289 + 42.66) / 2 ) / 120.25*365
=49.4745 / 120.25*365
=150.17

ADS-TEC Energy's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (42.66 + 41.642) / 2 ) / 68.451*365 / 2
=42.151 / 68.451*365 / 2
=112.38

* 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.


ADS-TEC Energy  (NAS:ADSEW) 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.

ADS-TEC Energy's Inventory Turnover for the six months ended in Jun. 2024 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.

ADS-TEC Energy's Inventory to Revenue for the six months ended in Jun. 2024 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.


ADS-TEC Energy Days Inventory Related Terms

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


ADS-TEC Energy Business Description

Traded in Other Exchanges
Address
10 Earlsfort Terrace, Dublin, IRL, D02 T380
ADS-TEC Energy PLC produces, develops, and markets battery-buffered EV charging systems infrastructure, battery storage systems, and cloud-based services which enable the customer to control and manage the system. Geographically, it derives a majority of its revenue from Europe.