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Meyer Burger Technology AG (Meyer Burger Technology AG) Days Inventory : 303.85 (As of Dec. 2023)


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What is Meyer Burger Technology AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meyer Burger Technology AG's Average Total Inventories for the six months ended in Dec. 2023 was $157.4 Mil. Meyer Burger Technology AG's Cost of Goods Sold for the six months ended in Dec. 2023 was $94.5 Mil. Hence, Meyer Burger Technology AG's Days Inventory for the six months ended in Dec. 2023 was 303.85.

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

MYBRF' s Days Inventory Range Over the Past 10 Years
Min: 209.89   Med: 297.66   Max: 1137.87
Current: 331.32

During the past 13 years, Meyer Burger Technology AG's highest Days Inventory was 1137.87. The lowest was 209.89. And the median was 297.66.

MYBRF's Days Inventory is ranked worse than
88.42% of 941 companies
in the Semiconductors industry
Industry Median: 130.44 vs MYBRF: 331.32

Meyer Burger Technology AG's Days Inventory declined from Dec. 2022 (325.81) to Dec. 2023 (303.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Meyer Burger Technology AG's Inventory Turnover for the six months ended in Dec. 2023 was 0.60.

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. Meyer Burger Technology AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 3.57.


Meyer Burger Technology AG Days Inventory Historical Data

The historical data trend for Meyer Burger Technology 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.

Meyer Burger Technology AG Days Inventory Chart

Meyer Burger Technology 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 208.63 262.27 1,154.44 376.94 303.83

Meyer Burger Technology AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 772.24 319.90 325.81 371.56 303.85

Competitive Comparison of Meyer Burger Technology AG's Days Inventory

For the Solar subindustry, Meyer Burger Technology 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.


Meyer Burger Technology AG's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meyer Burger Technology AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Meyer Burger Technology AG's Days Inventory falls into.



Meyer Burger Technology AG Days Inventory Calculation

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

Meyer Burger Technology 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
=( (127.985 + 152.788) / 2 ) / 168.651*365
=140.3865 / 168.651*365
=303.83

Meyer Burger Technology 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (161.942 + 152.788) / 2 ) / 94.517*365 / 2
=157.365 / 94.517*365 / 2
=303.85

* 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.


Meyer Burger Technology AG  (OTCPK:MYBRF) 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.

Meyer Burger Technology 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.

Meyer Burger Technology 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.


Meyer Burger Technology AG Days Inventory Related Terms

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


Meyer Burger Technology AG (Meyer Burger Technology AG) Business Description

Traded in Other Exchanges
Address
Schorenstrasse 39, Gwatt (Thun), CHE, CH-3645
Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, Specialized Technologies, Cells, and Modules. With its main focus on providing equipment for the solar industry, its proceeds come from the Photovoltaics segment. It covers the entire photovoltaic value chain comprising the processes involved in the conversion of sunlight into solar energy. In addition, the company also serves other markets such as optoelectronics and semiconductors, which are a part of its Specialized Technologies segment. Meyer sells its products world wide and derives a majority of its revenue from its Asian market.

Meyer Burger Technology AG (Meyer Burger Technology AG) Headlines