Days Inventory is also known as Days Sales of Inventory (DSI). Simona AG's Average Total Inventories for the
six
months ended in Dec. 2023 was €138.1 Mil. Simona AG's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €144.5 Mil.
Hence, Simona AG's Days Inventory for the
six
months ended in Dec. 2023 was 174.49.
The historical rank and industry rank for Simona AG's Days Inventory or its related term are showing as below:
FRA:SIM0'
s Days Inventory Range Over the Past 10 Years
Min: 112.82 Med: 124.86 Max: 168.08
Current: 160.12
During the past 13 years, Simona AG's highest Days Inventory was 168.08. The lowest was 112.82. And the median was 124.86.
FRA:SIM0's Days Inventory is ranked worse than 65.3% of 2905
companies
in the Industrial Products industry
Industry Median: 121.9
vs FRA:SIM0: 160.12
Simona AG's Days Inventory
increased
from Dec. 2022 (136.62) to Dec. 2023 (174.49).
It might indicate that Simona AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Simona AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.05.
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.
Simona AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.49.
Simona AG Days Inventory Historical Data
The historical data trend for Simona 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 Simona AG's Days Inventory
For the Metal Fabrication subindustry, Simona 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.
Simona AG's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Simona AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Simona AG's Days Inventory falls into.
Simona AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Simona AG's Days Inventory for the fiscal year that 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.
Simona AG (FRA:SIM0) 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.
Simona 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.
Simona 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.
Simona AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Simona AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Simona AG is Germany based company that is engaged in developing, manufacturing and marketing semi-finished thermoplastics, pipes, and fittings as well as finished parts and profiles. The company's products include sheets, twin wall sheets, rods, profiles, welding rods, pipes, fittings, flanges, valves, solid rods, hollow rods, U-profiles and square pipes and finished parts and profiles. The company organizes its business into geographic segments namely EMEA, the Americas, and Asia-Pacific. All three segments generate their revenues through the sale of Semi-finished and finished parts and Pipes and fittings.
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