SHPWQ (Shapeways Holdings) Days Inventory: 36.21 (As of Dec. 2023)


What is Shapeways Holdings Days Inventory?

Shapeways Holdings SHPWQ -99.00% Days Inventory is 36.21 as of Dec. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Shapeways Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $2.02 Mil. Shapeways Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.08 Mil. Hence, Shapeways Holdings's Days Inventory for the three months ended in Dec. 2023 was 36.21.

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

SHPWQ's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47
* Ranked among companies with meaningful Days Inventory only.

Shapeways Holdings's Days Inventory increased from Dec. 2022 (22.59) to Dec. 2023 (36.21). It might indicate that Shapeways Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shapeways Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.52.

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. Shapeways Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.21.

Shapeways Holdings  (OTCPK:SHPWQ) 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.

Shapeways Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.083 / 2.017
=2.52

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.

Shapeways Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.017 / 9.45
=0.21

* 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.

Shapeways Holdings Days Inventory Related Terms

Shapeways Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for Shapeways Holdings'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.

Shapeways Holdings Days Inventory Chart

Shapeways Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
7.53 11.90 17.08 21.62 30.57

Shapeways Holdings Quarterly Data
Dec19 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 22.59 25.17 29.07 35.16 36.21

SHPWQ vs OPTT, NSGP, AUSI: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Shapeways Holdings'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.

Shapeways Holdings Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shapeways Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shapeways Holdings's Days Inventory falls into.


Shapeways Holdings Days Inventory Calculation

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

Shapeways Holdings'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
=( (1.307 + 2.036) / 2 ) / 19.955*365
=1.6715 / 19.955*365
=30.57

Shapeways Holdings'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
=( (1.998 + 2.036) / 2 ) / 5.083*365 / 4
=2.017 / 5.083*365 / 4
=36.21

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 36.21 mean?
Shapeways Holdings (SHPWQ) has a Days Inventory of 36.21 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shapeways Holdings and its competitors.
Is Shapeways Holdings' Days Inventory too high?
Shapeways Holdings' current Days Inventory is 36.21. The Industrial Products industry median Days Inventory is 119.47. Shapeways Holdings' value of 36.21 is 69.7% below this industry median.
How does Shapeways Holdings' Days Inventory compare to OPTT and NSGP?
Shapeways Holdings' Days Inventory of 36.21 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. Shapeways Holdings' value of 36.21 is 69.7% below 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,967 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. Shapeways Holdings's current Days Inventory of 36.21 is 69.7% below 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 Shapeways Holdings and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shapeways Holdings's current Days Inventory is 36.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapeways Holdings stock overvalued right now?
Shapeways Holdings (SHPWQ) has a current Days Inventory of 36.21. The current Days Inventory is 36.21 and 69.7% below the Industrial Products industry median of 119.47. 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 Shapeways Holdings (SHPWQ), the current Days Inventory is 36.21 as of Dec. 2023. 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.

Shapeways Holdings Business Description

Address 12163 Globe Street, Livonia, MI, USA, 48150
Shapeways Holdings Inc is a leading digital manufacturer combining high quality, flexible on-demand manufacturing with purpose-built proprietary software to offer customers an end-to-end digital manufacturing platform on which they can rapidly transform digital designs into physical products. It makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process. The Company reports in one segment, which focuses on providing additive manufacturing services to customers.