Days Inventory is also known as Days Sales of Inventory (DSI). RENK Group AG's Average Total Inventories for the
three
months ended in Dec. 2024 was €381 Mil. RENK Group AG's Cost of Goods Sold for the
three
months ended in Dec. 2024 was €264 Mil.
Hence, RENK Group AG's Days Inventory for the
three
months ended in Dec. 2024 was 131.77.
The historical rank and industry rank for RENK Group AG's Days Inventory or its related term are showing as below:
CHIX:R3NKd'
s Days Inventory Range Over the Past 10 Years
Min: 136.16 Med: 149.31 Max: 742.56
Current: 150.73
During the past 5 years, RENK Group AG's highest Days Inventory was 742.56. The lowest was 136.16. And the median was 149.31.
CHIX:R3NKd's Days Inventory is ranked worse than 52.9% of 293
companies
in the Aerospace & Defense industry
Industry Median: 139.69
vs CHIX:R3NKd: 150.73
RENK Group AG's Days Inventory
declined
from Dec. 2023 (137.49) to Dec. 2024 (131.77).
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
RENK Group AG's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.69.
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.
RENK Group AG's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 1.05.
RENK Group AG Days Inventory Historical Data
The historical data trend for RENK Group 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.
Competitive Comparison of RENK Group AG's Days Inventory
For the Aerospace & Defense subindustry, RENK Group 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.
RENK Group AG's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, RENK Group AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where RENK Group AG's Days Inventory falls into.
* 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.
RENK Group AG (CHIX:R3NKd) 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.
RENK Group AG's Inventory Turnover for the
three
months ended in Dec. 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.
RENK Group AG's Inventory to Revenue for the
three
months ended in Dec. 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.
RENK Group AG Days Inventory Related Terms
Thank you for viewing the detailed overview of RENK Group AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments; Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from Germany and the rest from America, Asia, Africa, other European countries, Other EU countries, and Australia and Oceania.
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