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SIGCY (SIG Group AG) Days Inventory : 58.38 (As of Jun. 2024)


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What is SIG Group AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SIG Group AG's Average Total Inventories for the six months ended in Jun. 2024 was $423 Mil. SIG Group AG's Cost of Goods Sold for the six months ended in Jun. 2024 was $1,322 Mil. Hence, SIG Group AG's Days Inventory for the six months ended in Jun. 2024 was 58.38.

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

SIGCY' s Days Inventory Range Over the Past 10 Years
Min: 35.02   Med: 43.02   Max: 60.67
Current: 60.67

During the past 7 years, SIG Group AG's highest Days Inventory was 60.67. The lowest was 35.02. And the median was 43.02.

SIGCY's Days Inventory is ranked better than
66.14% of 378 companies
in the Packaging & Containers industry
Industry Median: 76.565 vs SIGCY: 60.67

SIG Group AG's Days Inventory declined from Jun. 2023 (66.67) to Jun. 2024 (58.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. SIG Group AG's Inventory Turnover for the six months ended in Jun. 2024 was 3.13.

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. SIG Group AG's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.25.


SIG Group AG Days Inventory Historical Data

The historical data trend for SIG Group 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.

SIG Group AG Days Inventory Chart

SIG Group AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 41.97 41.50 43.77 50.51 57.33

SIG Group AG Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 59.53 55.34 66.67 59.71 58.38

Competitive Comparison of SIG Group AG's Days Inventory

For the Packaging & Containers subindustry, SIG Group 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.


SIG Group AG's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SIG Group AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where SIG Group AG's Days Inventory falls into.



SIG Group AG Days Inventory Calculation

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

SIG Group 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
=( (426.589 + 419.193) / 2 ) / 2692.367*365
=422.891 / 2692.367*365
=57.33

SIG Group AG's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (419.193 + 426.803) / 2 ) / 1322.39*365 / 2
=422.998 / 1322.39*365 / 2
=58.38

* 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.


SIG Group AG  (OTCPK:SIGCY) 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.

SIG Group AG'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.

SIG Group AG'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.


SIG Group AG Days Inventory Related Terms

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


SIG Group AG Business Description

Traded in Other Exchanges
Address
Laufengasse 18, Neuhausen am Rheinfall, CHE, 8212
SIG Group AG is a systems and solutions provider for aseptic carton packaging solutions, comprising filling machines, sleeves, and closures as well as after-market services. Its geographical segments include Europe, the Middle East and Africa (MEA), Asia Pacific (APAC), and the Americas. It generates maximum revenue from the Europe segment. The company offers packaging solutions for the beverages and food industry.

SIG Group AG Headlines

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