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General de Alquiler de Maquinaria (LTS:0RTJ) Days Inventory : 105.49 (As of Jun. 2023)


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What is General de Alquiler de Maquinaria Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). General de Alquiler de Maquinaria's Average Total Inventories for the six months ended in Jun. 2023 was €28.2 Mil. General de Alquiler de Maquinaria's Cost of Goods Sold for the six months ended in Jun. 2023 was €48.7 Mil. Hence, General de Alquiler de Maquinaria's Days Inventory for the six months ended in Jun. 2023 was 105.49.

The historical rank and industry rank for General de Alquiler de Maquinaria's Days Inventory or its related term are showing as below:

LTS:0RTJ' s Days Inventory Range Over the Past 10 Years
Min: 65.39   Med: 121.71   Max: 174.97
Current: 107.95

During the past 13 years, General de Alquiler de Maquinaria's highest Days Inventory was 174.97. The lowest was 65.39. And the median was 121.71.

LTS:0RTJ's Days Inventory is ranked worse than
76.36% of 681 companies
in the Business Services industry
Industry Median: 28.18 vs LTS:0RTJ: 107.95

General de Alquiler de Maquinaria's Days Inventory increased from Jun. 2022 (95.17) to Jun. 2023 (105.49). It might indicate that General de Alquiler de Maquinaria's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. General de Alquiler de Maquinaria's Inventory Turnover for the six months ended in Jun. 2023 was 1.73.

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. General de Alquiler de Maquinaria's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.22.


General de Alquiler de Maquinaria Days Inventory Historical Data

The historical data trend for General de Alquiler de Maquinaria'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.

General de Alquiler de Maquinaria Days Inventory Chart

General de Alquiler de Maquinaria Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.64 75.98 65.39 82.84 113.74

General de Alquiler de Maquinaria Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 53.82 78.50 95.17 122.92 105.49

Competitive Comparison of General de Alquiler de Maquinaria's Days Inventory

For the Rental & Leasing Services subindustry, General de Alquiler de Maquinaria'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.


General de Alquiler de Maquinaria's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, General de Alquiler de Maquinaria's Days Inventory distribution charts can be found below:

* The bar in red indicates where General de Alquiler de Maquinaria's Days Inventory falls into.



General de Alquiler de Maquinaria Days Inventory Calculation

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

General de Alquiler de Maquinaria's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (18.374 + 31.871) / 2 ) / 80.622*365
=25.1225 / 80.622*365
=113.74

General de Alquiler de Maquinaria's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (31.871 + 24.476) / 2 ) / 48.742*365 / 2
=28.1735 / 48.742*365 / 2
=105.49

* 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.


General de Alquiler de Maquinaria  (LTS:0RTJ) 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.

General de Alquiler de Maquinaria's Inventory Turnover for the six months ended in Jun. 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.

General de Alquiler de Maquinaria's Inventory to Revenue for the six months ended in Jun. 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.


General de Alquiler de Maquinaria Days Inventory Related Terms

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


General de Alquiler de Maquinaria (LTS:0RTJ) Business Description

Traded in Other Exchanges
Address
Carretera Nacional II/INTA s/n, San Fernando de Henares, Madrid, ESP
General de Alquiler de Maquinaria SA is a machinery rental company. The company's rental fleet includes compactors, compressors, dumpers, electric machinery, platforms, cranes, scaffolds and transport vehicles, as well as auxiliary equipment and machinery used in the infrastructure, agricultural, port, construction, industrial and energy sectors. In addition, the company is involved in the sale of second-hand equipment.

General de Alquiler de Maquinaria (LTS:0RTJ) Headlines

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