Dowlais Group (STU:6O7) Days Inventory : 47.29 (As of Dec. 2023)

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What is Dowlais Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dowlais Group's Average Total Inventories for the six months ended in Dec. 2023 was €584 Mil. Dowlais Group's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,255 Mil. Hence, Dowlais Group's Days Inventory for the six months ended in Dec. 2023 was 47.29.

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

STU:6O7' s Days Inventory Range Over the Past 10 Years
Min: 43.3 Med: 44.21 Max: 44.98
Current: 44.53

During the past 4 years, Dowlais Group's highest Days Inventory was 44.98. The lowest was 43.30. And the median was 44.21.

STU:6O7's Days Inventory is ranked better than
81.21% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs STU:6O7: 44.53

Dowlais Group's Days Inventory increased from Dec. 2022 (45.28) to Dec. 2023 (47.29). It might indicate that Dowlais Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dowlais Group's Inventory Turnover for the six months ended in Dec. 2023 was 3.86.

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. Dowlais Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.22.

Dowlais Group Days Inventory Historical Data

The historical data trend for Dowlais Group'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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Dowlais Group Days Inventory Chart

Dowlais Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

43.63

43.60

43.77

44.58

Dowlais Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	41.65	45.28	41.59	47.29

Competitive Comparison of Dowlais Group's Days Inventory

For the Auto Manufacturers subindustry, Dowlais Group'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.

Dowlais Group's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dowlais Group's Days Inventory distribution charts can be found below:

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

Dowlais Group Days Inventory Calculation

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

Dowlais Group'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
=	( (572.609	+	591.987)	/	2 )	/	4767.239	*	365
=	582.298					/	4767.239	*	365
=	44.58

Dowlais Group'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
=	( (576.875	+	591.987)	/	2 )	/	2255.356	*	365 / 2
=	584.431					/	2255.356	*	365 / 2
=	47.29

Dowlais Group (STU:6O7) 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.

Dowlais Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2255.356	/	584.431
	=	3.86

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.

Dowlais Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	584.431	/	2683.676
	=	0.22

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.

Dowlais Group Days Inventory Related Terms

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

Dowlais Group (STU:6O7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Dowlais Group PLC (STU:6O7) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DWLAF:USA DWLl:UK DWL:UK 6O7:Germany

Address

11 Bressenden Place, 2nd Floor Nova North, London, GBR, SW1E 5BY

Website

https://www.dowlais.com

Dowlais Group PLC is a specialist engineering group focused on the automotive sector. It generates value and capital growth through a portfolio of transformative and innovative businesses.

Dowlais Group (STU:6O7) Headlines

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