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BactiQuant AS (FRA:9JX) Days Inventory : 154.58 (As of Jun. 2024)


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What is BactiQuant AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BactiQuant AS's Average Total Inventories for the six months ended in Jun. 2024 was €0.53 Mil. BactiQuant AS's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.62 Mil. Hence, BactiQuant AS's Days Inventory for the six months ended in Jun. 2024 was 154.58.

The historical rank and industry rank for BactiQuant AS's Days Inventory or its related term are showing as below:

FRA:9JX' s Days Inventory Range Over the Past 10 Years
Min: 75.73   Med: 96.47   Max: 249.68
Current: 123.21

During the past 6 years, BactiQuant AS's highest Days Inventory was 249.68. The lowest was 75.73. And the median was 96.47.

FRA:9JX's Days Inventory is ranked worse than
51.1% of 2922 companies
in the Industrial Products industry
Industry Median: 121.425 vs FRA:9JX: 123.21

BactiQuant AS's Days Inventory increased from Jun. 2023 (96.46) to Jun. 2024 (154.58). It might indicate that BactiQuant AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BactiQuant AS's Inventory Turnover for the six months ended in Jun. 2024 was 1.18.

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. BactiQuant AS's Inventory-to-Revenue for the six months ended in Jun. 2024 was 1.30.


BactiQuant AS Days Inventory Historical Data

The historical data trend for BactiQuant AS'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.

BactiQuant AS Days Inventory Chart

BactiQuant AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 179.73 248.92 75.71 81.67 99.69

BactiQuant AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 246.98 48.72 96.46 100.40 154.58

Competitive Comparison of BactiQuant AS's Days Inventory

For the Pollution & Treatment Controls subindustry, BactiQuant AS'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.


BactiQuant AS's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BactiQuant AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where BactiQuant AS's Days Inventory falls into.


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BactiQuant AS Days Inventory Calculation

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

BactiQuant AS'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
=( (0.458 + 0.499) / 2 ) / 1.752*365
=0.4785 / 1.752*365
=99.69

BactiQuant AS'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
=( (0.499 + 0.553) / 2 ) / 0.621*365 / 2
=0.526 / 0.621*365 / 2
=154.58

* 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.


BactiQuant AS  (FRA:9JX) 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.

BactiQuant AS'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.

BactiQuant AS'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.


BactiQuant AS Days Inventory Related Terms

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


BactiQuant AS Business Description

Traded in Other Exchanges
Address
Blokken 75, Birkeroed, DNK, DK-3460
BactiQuant AS focuses on delivering technology that ensures optimum usage and handling of water around the world. The company's activities include the development, production, sale and service of BactiQuant Online and BactiQuant Mobile Lab with associated test kits/substrate for the quantification and detection of bacteria in water. Its segments are Aquaculture, Data Centres, Oil & Gas, Water Utility, Industry, and Pharma. The group's products are BQ Online 2.0 PRO, BQ Online, BQ Mobile Lab, and Analysis Kits.

BactiQuant AS Headlines

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