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freenet AG (freenet AG) Days Inventory : 14.14 (As of Dec. 2023)


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What is freenet AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). freenet AG's Average Total Inventories for the three months ended in Dec. 2023 was $71 Mil. freenet AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $460 Mil. Hence, freenet AG's Days Inventory for the three months ended in Dec. 2023 was 14.14.

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

FRTAF' s Days Inventory Range Over the Past 10 Years
Min: 10.87   Med: 16.35   Max: 20.39
Current: 17.36

During the past 13 years, freenet AG's highest Days Inventory was 20.39. The lowest was 10.87. And the median was 16.35.

FRTAF's Days Inventory is ranked better than
53.9% of 295 companies
in the Telecommunication Services industry
Industry Median: 19.27 vs FRTAF: 17.36

freenet AG's Days Inventory declined from Dec. 2022 (17.98) to Dec. 2023 (14.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. freenet AG's Inventory Turnover for the three months ended in Dec. 2023 was 6.45.

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. freenet AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.


freenet AG Days Inventory Historical Data

The historical data trend for freenet 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.

freenet AG Days Inventory Chart

freenet 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 16.68 15.53 18.81 21.07 16.83

freenet AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.98 20.46 19.41 15.69 14.14

Competitive Comparison of freenet AG's Days Inventory

For the Telecom Services subindustry, freenet 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.


freenet AG's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, freenet AG's Days Inventory distribution charts can be found below:

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



freenet AG Days Inventory Calculation

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

freenet 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
=( (96.504 + 69.575) / 2 ) / 1801.2*365
=83.0395 / 1801.2*365
=16.83

freenet 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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (72.999 + 69.575) / 2 ) / 460.087*365 / 4
=71.287 / 460.087*365 / 4
=14.14

* 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.


freenet AG  (OTCPK:FRTAF) 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.

freenet AG's Inventory Turnover for the three 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.

freenet AG's Inventory to Revenue for the three 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.


freenet AG Days Inventory Related Terms

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


freenet AG (freenet AG) Business Description

Traded in Other Exchanges
Address
Hollerstrasse 126, Budelsdorf, DEU, 24782
freenet AG is a German mobile communication and mobile Internet company. It operates as an independent service provider without its own network. The company distributes mobile communications tariffs and options throughout Germany, using a subscription agreement and multi-brand strategy. The company has three operating segments: Mobile communications, TV and media and Other/holding. The Mobile communications segment generates almost all of the firm's revenue. This segment offers a product portfolio of voice and data services for mobile communication operators. It also buys mobile communications services from the network operators and sells them to its end customers.

freenet AG (freenet AG) Headlines

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