Carlo Gavazzi Holding AG (CHIX:GAVZ) Days Inventory : 90.17 (As of Sep. 2023)

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What is Carlo Gavazzi Holding AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Carlo Gavazzi Holding AG's Average Total Inventories for the three months ended in Sep. 2023 was CHF44.7 Mil. Carlo Gavazzi Holding AG's Cost of Goods Sold for the three months ended in Sep. 2023 was CHF45.3 Mil. Hence, Carlo Gavazzi Holding AG's Days Inventory for the three months ended in Sep. 2023 was 90.17.

The historical rank and industry rank for Carlo Gavazzi Holding AG's Days Inventory or its related term are showing as below:

CHIX:GAVz' s Days Inventory Range Over the Past 10 Years
Min: 126.35 Med: 135.89 Max: 169.38
Current: 169.38

During the past 13 years, Carlo Gavazzi Holding AG's highest Days Inventory was 169.38. The lowest was 126.35. And the median was 135.89.

CHIX:GAVz's Days Inventory is ranked worse than
68.09% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs CHIX:GAVz: 169.38

Carlo Gavazzi Holding AG's Days Inventory increased from Sep. 2021 (63.84) to Sep. 2023 (90.17). It might indicate that Carlo Gavazzi Holding AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carlo Gavazzi Holding AG's Inventory Turnover for the three months ended in Sep. 2023 was 1.01.

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. Carlo Gavazzi Holding AG's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.46.

Carlo Gavazzi Holding AG Days Inventory Historical Data

The historical data trend for Carlo Gavazzi Holding AG'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.

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Carlo Gavazzi Holding AG Days Inventory Chart

Carlo Gavazzi Holding AG Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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138.68

141.99

138.33

133.45

140.84

Carlo Gavazzi Holding AG Quarterly Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															63.84	71.27	68.01	79.18	90.17

Competitive Comparison of Carlo Gavazzi Holding AG's Days Inventory

For the Electrical Equipment & Parts subindustry, Carlo Gavazzi Holding 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.

Carlo Gavazzi Holding AG's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carlo Gavazzi Holding AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Carlo Gavazzi Holding AG's Days Inventory falls into.

Carlo Gavazzi Holding AG Days Inventory Calculation

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

Carlo Gavazzi Holding AG's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (33.954	+	43.307)	/	2 )	/	100.117	*	365
=	38.6305					/	100.117	*	365
=	140.84

Carlo Gavazzi Holding AG's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (43.307	+	46.142)	/	2 )	/	45.262	*	365 / 4
=	44.7245					/	45.262	*	365 / 4
=	90.17

Carlo Gavazzi Holding AG (CHIX:GAVz) 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.

Carlo Gavazzi Holding AG's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45.262	/	44.7245
	=	1.01

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.

Carlo Gavazzi Holding AG's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	44.7245	/	97.508
	=	0.46

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.

Carlo Gavazzi Holding AG Days Inventory Related Terms

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Carlo Gavazzi Holding AG (CHIX:GAVZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Carlo Gavazzi Holding AG (CHIX:GAVz) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GAV:Switzerland

Address

Sumpfstrasse 3, Steinhausen, CHE, CH-6312

Website

https://www.carlogavazzi.com

Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for the global markets of industrial and building automation. Its product portfolio comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, and Fieldbus systems. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia. Geographically the company receives maximum revenue from Europe, the Middle East, and Africa.

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