Days Inventory is also known as Days Sales of Inventory (DSI). ALBA SE's Average Total Inventories for the
six
months ended in Jun. 2024 was €22.5 Mil. ALBA SE's Cost of Goods Sold for the
six
months ended in Jun. 2024 was €137.7 Mil.
Hence, ALBA SE's Days Inventory for the
six
months ended in Jun. 2024 was 29.86.
The historical rank and industry rank for ALBA SE's Days Inventory or its related term are showing as below:
HAM:ABA's Days Inventory is not ranked *
in the Waste Management industry.
Industry Median: 28.535 * Ranked among companies with meaningful Days Inventory only.
ALBA SE's Days Inventory
increased
from Jun. 2023 (29.32) to Jun. 2024 (29.86).
It might indicate that ALBA SE's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ALBA SE's Inventory Turnover for the
six
months ended in Jun. 2024 was 6.11.
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.
ALBA SE's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.14.
ALBA SE (HAM:ABA) 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.
ALBA SE's Inventory Turnover for the
six
months ended in Jun. 2024 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.
ALBA SE's Inventory to Revenue for the
six
months ended in Jun. 2024 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.
ALBA SE Days Inventory Related Terms
ALBA SE Days Inventory Historical Data
* Premium members only.
The historical data trend for ALBA SE'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.
HAM:ABA vs WM, RSG, WCN: Days Inventory Comparison
For the Waste Management subindustry, ALBA SE'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.
ALBA SE Days Inventory vs Waste Management Industry
For the Waste Management industry and Industrials sector, ALBA SE's Days Inventory distribution charts can be found below:
* The bar in red indicates where ALBA SE's Days Inventory falls into.
* 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.
ALBA SE (HAM:ABA) has a Days Inventory of 29.86 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on ALBA SE and its competitors.
Is ALBA SE's Days Inventory too high?
ALBA SE's current Days Inventory is 29.86. The Waste Management industry median Days Inventory is 28.54. ALBA SE's value of 29.86 is 4.6% above this industry median. Overall, ALBA SE has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does ALBA SE's Days Inventory compare to WM and RSG?
ALBA SE's Days Inventory of 29.86 can be compared against companies in the Waste Management industry. The industry median Days Inventory is 28.54. ALBA SE's value of 29.86 is 4.6% above 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 Waste Management company?
The median Days Inventory among Waste Management companies is 28.54, based on 214 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. ALBA SE's current Days Inventory of 29.86 is 4.6% above 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 ALBA SE and its competitors. For the Waste Management industry, the median Days Inventory is 28.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALBA SE's current Days Inventory is 29.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALBA SE stock overvalued right now?
ALBA SE (HAM:ABA) has a current Days Inventory of 29.86. The current Days Inventory is 29.86 and 4.6% above the Waste Management industry median of 28.54. ALBA SE'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 ALBA SE (HAM:ABA), the current Days Inventory is 29.86 as of Jun. 2024. 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.
ALBA SE is a German based holding company providing environmental services. Its activities are divided into two segments including Steel & Metals Recycling segment and Services segment. The Steel and Metals Recycling segment comprises all of the company's subsidiaries that undertake to recycle of steel and metals activities. The Services segment comprises activities, such as take-back of transport packaging, sales packaging and used paper bags, as well as recovery of waste electrical and electronic equipment. A major part of revenue comes from Steel and Metals segment. It operates in Germany, European countries and Non-European countries, Germany being the country with highest sales.
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