RoodMicrotec NV (FRA:ROO) Days Inventory : 16.81 (As of Jun. 2023)

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What is RoodMicrotec NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RoodMicrotec NV's Average Total Inventories for the six months ended in Jun. 2023 was €0.10 Mil. RoodMicrotec NV's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.10 Mil. Hence, RoodMicrotec NV's Days Inventory for the six months ended in Jun. 2023 was 16.81.

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

FRA:ROO' s Days Inventory Range Over the Past 10 Years
Min: 11.57 Med: 55.32 Max: 97.73
Current: 13.55

During the past 13 years, RoodMicrotec NV's highest Days Inventory was 97.73. The lowest was 11.57. And the median was 55.32.

FRA:ROO's Days Inventory is not ranked
in the Semiconductors industry.
Industry Median: 130.195 vs FRA:ROO: 13.55

RoodMicrotec NV's Days Inventory declined from Jun. 2022 (17.11) to Jun. 2023 (16.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. RoodMicrotec NV's Inventory Turnover for the six months ended in Jun. 2023 was 10.86.

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. RoodMicrotec NV's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.01.

RoodMicrotec NV Days Inventory Historical Data

The historical data trend for RoodMicrotec NV'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.

RoodMicrotec NV Days Inventory Chart

RoodMicrotec NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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84.19

42.66

13.57

11.57

12.36

RoodMicrotec NV Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															7.74	15.67	17.11	10.48	16.81

Competitive Comparison of RoodMicrotec NV's Days Inventory

For the Semiconductors subindustry, RoodMicrotec NV'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.

RoodMicrotec NV's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, RoodMicrotec NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where RoodMicrotec NV's Days Inventory falls into.

RoodMicrotec NV Days Inventory Calculation

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

RoodMicrotec NV's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.098	+	0.086)	/	2 )	/	2.717	*	365
=	0.092					/	2.717	*	365
=	12.36

RoodMicrotec NV's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.086	+	0.117)	/	2 )	/	1.102	*	365 / 2
=	0.1015					/	1.102	*	365 / 2
=	16.81

RoodMicrotec NV (FRA:ROO) 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.

RoodMicrotec NV's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.102	/	0.1015
	=	10.86

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.

RoodMicrotec NV's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1015	/	8.667
	=	0.01

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.

RoodMicrotec NV Days Inventory Related Terms

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

RoodMicrotec NV (FRA:ROO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » RoodMicrotec NV (FRA:ROO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zutphenseweg 29 D1, Deventer, OV, NLD, 7418 AH

Website

https://www.roodmicrotec.com

RoodMicrotec NV is a semiconductor company that supplies chips and packaged devices, and services to industrial and automotive companies throughout Europe. The services offered by the company are supply chain service, test engineering and operations, qualification and reliability, failure, and technological analysis. It generates the majority of the revenue from the test operations. The test operations business unit covers the segments of testing, programming, scanning, and tape and reel of semiconductor devices, whereas qualification and reliability investigation the company distinguishes between electrical qualification and optical and mechanical qualification.

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