TAG Immobilien AG (HAM:TEG) Days Inventory : 147.21 (As of Dec. 2023)

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What is TAG Immobilien AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TAG Immobilien AG's Average Total Inventories for the three months ended in Dec. 2023 was €683 Mil. TAG Immobilien AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €423 Mil. Hence, TAG Immobilien AG's Days Inventory for the three months ended in Dec. 2023 was 147.21.

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

HAM:TEG' s Days Inventory Range Over the Past 10 Years
Min: 25.86 Med: 90.6 Max: 296.46
Current: 296.46

During the past 13 years, TAG Immobilien AG's highest Days Inventory was 296.46. The lowest was 25.86. And the median was 90.60.

HAM:TEG's Days Inventory is ranked better than
68.55% of 1326 companies
in the Real Estate industry
Industry Median: 699.495 vs HAM:TEG: 296.46

TAG Immobilien AG's Days Inventory declined from Dec. 2022 (220.84) to Dec. 2023 (147.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. TAG Immobilien AG's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. TAG Immobilien AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.23.

TAG Immobilien AG Days Inventory Historical Data

The historical data trend for TAG Immobilien 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.

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TAG Immobilien AG Days Inventory Chart

TAG Immobilien AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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94.87

86.32

132.43

248.91

262.57

TAG Immobilien 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															220.84	552.56	444.75	368.90	147.21

Competitive Comparison of TAG Immobilien AG's Days Inventory

For the Real Estate Services subindustry, TAG Immobilien 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.

TAG Immobilien AG's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TAG Immobilien AG's Days Inventory distribution charts can be found below:

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

TAG Immobilien AG Days Inventory Calculation

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

TAG Immobilien 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
=	( (714.283	+	629.713)	/	2 )	/	934.146	*	365
=	671.998					/	934.146	*	365
=	262.57

TAG Immobilien 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
=	( (735.732	+	629.713)	/	2 )	/	423.204	*	365 / 4
=	682.7225					/	423.204	*	365 / 4
=	147.21

TAG Immobilien AG (HAM:TEG) 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.

TAG Immobilien AG's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	423.204	/	682.7225
	=	0.62

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.

TAG Immobilien AG's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	682.7225	/	554.748
	=	1.23

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.

TAG Immobilien AG Days Inventory Related Terms

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TAG Immobilien AG (HAM:TEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TAG Immobilien AG (HAM:TEG) » Definitions » Days Inventory

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Traded in Other Exchanges

TAGOF:USA TEGd:UK 0JK4:UK TEG:Germany TEG:Austria

Address

Steckelhorn 5, Hamburg, DEU, 20457

Website

https://www.tag-ag.com

TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

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