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STS Group AG (FRA:SF3) Days Inventory : 81.60 (As of Dec. 2023)


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What is STS Group AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). STS Group AG's Average Total Inventories for the six months ended in Dec. 2023 was €36.4 Mil. STS Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €81.3 Mil. Hence, STS Group AG's Days Inventory for the six months ended in Dec. 2023 was 81.60.

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

FRA:SF3' s Days Inventory Range Over the Past 10 Years
Min: 39.81   Med: 57.89   Max: 84.47
Current: 69.99

During the past 10 years, STS Group AG's highest Days Inventory was 84.47. The lowest was 39.81. And the median was 57.89.

FRA:SF3's Days Inventory is ranked better than
58.66% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs FRA:SF3: 69.99

STS Group AG's Days Inventory declined from Dec. 2022 (87.11) to Dec. 2023 (81.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. STS Group AG's Inventory Turnover for the six months ended in Dec. 2023 was 2.24.

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. STS Group AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.27.


STS Group AG Days Inventory Historical Data

The historical data trend for STS 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.

* Premium members only.

STS Group AG Days Inventory Chart

STS Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.47 78.40 57.89 61.52 68.36

STS Group AG Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 82.54 74.98 87.11 61.48 81.60

Competitive Comparison of STS Group AG's Days Inventory

For the Auto Parts subindustry, STS 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.


STS Group AG's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where STS Group AG's Days Inventory falls into.



STS Group AG Days Inventory Calculation

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

STS Group AG'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
=( (28.2 + 37.5) / 2 ) / 175.4*365
=32.85 / 175.4*365
=68.36

STS Group AG's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (35.2 + 37.5) / 2 ) / 81.3*365 / 2
=36.35 / 81.3*365 / 2
=81.60

* 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.


STS Group AG  (FRA:SF3) 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.

STS Group AG's Inventory Turnover for the six months ended in Dec. 2023 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.

STS Group AG's Inventory to Revenue for the six months ended in Dec. 2023 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.


STS Group AG Days Inventory Related Terms

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


STS Group AG (FRA:SF3) Business Description

Traded in Other Exchanges
Address
Kabeler Strasse 4, Hagen, NW, DEU, 58099
STS Group AG is engaged in the manufacturing of auto parts. The company's reportable segments are the Plastics segment which includes the manufacturing of hard trim applications for STS Group customers. Materials segment which involves the production of semi-finished goods, namely sheet molding compound mats, bulk molding compound, and a molding compound, and the China segment which is involved in the production of plastic parts, mainly for commercial vehicles, on the regional market in China. It generates a majority of its revenue from the plastics segment.

STS Group AG (FRA:SF3) Headlines

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