The historical rank and industry rank for Alimak Group AB's Days Inventory or its related term are showing as below:
CHIX:ALIGs'
s Days Inventory Range Over the Past 10 Years
Min: 67.11 Med: 88.63 Max: 109.51
Current: 106.86
During the past 13 years, Alimak Group AB's highest Days Inventory was 109.51. The lowest was 67.11. And the median was 88.63.
CHIX:ALIGs's Days Inventory is ranked better than 57.46% of 2896
companies
in the Industrial Products industry
Industry Median: 121.57
vs CHIX:ALIGs: 106.86
Alimak Group AB's Days Inventory
increased
from Mar. 2023 (105.26) to Mar. 2024 (106.33).
It might indicate that Alimak Group AB's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Alimak Group AB's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.86.
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.
Alimak Group AB's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.70.
Alimak Group AB Days Inventory Historical Data
The historical data trend for Alimak Group AB'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 Alimak Group AB's Days Inventory
For the Specialty Industrial Machinery subindustry, Alimak Group AB'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.
Alimak Group AB's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Alimak Group AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where Alimak Group AB's Days Inventory falls into.
Alimak Group AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alimak Group AB's Days Inventory for the fiscal year that 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.
Alimak Group AB (CHIX:ALIGs) 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.
Alimak Group AB's Inventory Turnover for the
three
months ended in Mar. 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.
Alimak Group AB's Inventory to Revenue for the
three
months ended in Mar. 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.
Alimak Group AB Days Inventory Related Terms
Thank you for viewing the detailed overview of Alimak Group AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Alimak Group AB provides vertical access solutions to the permanently and temporarily installed products designed for residential, industrial, commercial and construction applications. The company has five segments, Facade Access, Construction, Height Safety and Productivity solutions, Industrial and Wind. The Group operates in various countries and all operating segments are represented in the geographical regions of Europe, Asia and Australia, South and North America and Other Markets. The Group develops, manufactures, sells and services various solutions with a focus on adding customer value through enhanced safety, higher productivity and improved cost efficiency. The products and solutions are sold under the brands Alimak, Tractel, CoxGomyl, Manntech, Avanti and Scanclimber.
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