iQ International AG (FRA:IQL) Days Inventory: 55.76 (As of Jun. 2020)


FRA:IQL iQ International AG FRA:IQL
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What is iQ International AG Days Inventory?

iQ International AG FRA:IQL 10 Days Inventory is 55.76 as of Jun. 2020. GuruFocus rates FRA:IQL with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). iQ International AG's Average Total Inventories for the six months ended in Jun. 2020 was €1.31 Mil. iQ International AG's Cost of Goods Sold for the six months ended in Jun. 2020 was €4.28 Mil. Hence, iQ International AG's Days Inventory for the six months ended in Jun. 2020 was 55.76.

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

FRA:IQL's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.74
* Ranked among companies with meaningful Days Inventory only.

iQ International AG's Days Inventory increased from Dec. 2018 (0.00) to Jun. 2020 (55.76). It might indicate that iQ International AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. iQ International AG's Inventory Turnover for the six months ended in Jun. 2020 was 3.27.

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. iQ International AG's Inventory-to-Revenue for the six months ended in Jun. 2020 was 0.34.


iQ International AG  (FRA:IQL) 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.

iQ International AG's Inventory Turnover for the six months ended in Jun. 2020 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.

iQ International AG's Inventory to Revenue for the six months ended in Jun. 2020 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.


iQ International AG Days Inventory Related Terms


iQ International AG Days Inventory Historical Data

* Premium members only.

The historical data trend for iQ International 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.

iQ International AG Days Inventory Chart

iQ International AG Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 8,395.00 77.95

iQ International AG Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Jun20
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2,798.33 0.00 45.14 55.76

iQ International AG Days Inventory Competitor Comparison

For the Auto Parts subindustry, iQ International 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.


iQ International AG Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, iQ International AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where iQ International AG's Days Inventory falls into.


FRA:IQL
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iQ International AG FRA:IQL
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iQ International AG Days Inventory Calculation

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

iQ International AG's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.046 + 2.157) / 2 ) / 5.158*365
=1.1015 / 5.158*365
=77.95

iQ International AG's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0 + 1.307) / 1 ) / 4.278*365 / 2
=1.307 / 4.278*365 / 2
=55.76

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 55.76 mean?
iQ International AG (FRA:IQL) has a Days Inventory of 55.76 as of Jun. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on iQ International AG and its competitors.
Is iQ International AG's Days Inventory too high?
iQ International AG's current Days Inventory is 55.76. The Vehicles & Parts industry median Days Inventory is 80.74. iQ International AG's value of 55.76 is 30.9% below this industry median. Overall, iQ International AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does iQ International AG's Days Inventory compare to competitors?
iQ International AG's Days Inventory of 55.76 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.74. iQ International AG's value of 55.76 is 30.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.74, based on 1,295 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iQ International AG's current Days Inventory of 55.76 is 30.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on iQ International AG and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iQ International AG's current Days Inventory is 55.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iQ International AG stock overvalued right now?
iQ International AG (FRA:IQL) has a current Days Inventory of 55.76. The current Days Inventory is 55.76 and 30.9% below the Vehicles & Parts industry median of 80.74. iQ International AG's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For iQ International AG (FRA:IQL), the current Days Inventory is 55.76 as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

iQ International AG Business Description

Address Landis + Gyr Strasse 1, Zug, CHE, 6300
iQ International AG is a Switzerland-based technology company focusing on the manufacturing, distribution, and development of efficient lead acid batteries for the automotive SLI (Starting-Lighting-Ignition) and storage markets using patented, eco-friendly technologies that prevent acid stratification and corrosion. In addition, the company provides consulting services to licensees and manufacturers of vehicle batteries and advanced energy systems. The company has two reportable segments which are batteries and licensing. The batteries segment comprises the sale of production batteries and the trade of batteries for the automotive SLI. Royalties from patented, eco-friendly technologies that prevent acid stratification and corrosion are achieved from third-party licensees.
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