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Mersen (STU:CBE) Days Inventory : 135.36 (As of Jun. 2024)


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What is Mersen Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mersen's Average Total Inventories for the six months ended in Jun. 2024 was €312 Mil. Mersen's Cost of Goods Sold for the six months ended in Jun. 2024 was €421 Mil. Hence, Mersen's Days Inventory for the six months ended in Jun. 2024 was 135.36.

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

STU:CBE' s Days Inventory Range Over the Past 10 Years
Min: 102.73   Med: 114.22   Max: 137.35
Current: 137.35

During the past 13 years, Mersen's highest Days Inventory was 137.35. The lowest was 102.73. And the median was 114.22.

STU:CBE's Days Inventory is ranked worse than
56.94% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs STU:CBE: 137.35

Mersen's Days Inventory increased from Jun. 2023 (132.69) to Jun. 2024 (135.36). It might indicate that Mersen's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mersen's Inventory Turnover for the six months ended in Jun. 2024 was 1.35.

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. Mersen's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.50.


Mersen Days Inventory Historical Data

The historical data trend for Mersen'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.

Mersen Days Inventory Chart

Mersen 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 113.88 118.92 115.12 119.33 128.76

Mersen Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.75 127.13 132.69 136.19 135.36

Competitive Comparison of Mersen's Days Inventory

For the Electrical Equipment & Parts subindustry, Mersen'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.


Mersen's Days Inventory Distribution in the Industrial Products Industry

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

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



Mersen Days Inventory Calculation

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

Mersen'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
=( (283.2 + 299.2) / 2 ) / 825.5*365
=291.2 / 825.5*365
=128.76

Mersen'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
=( (299.2 + 324.7) / 2 ) / 420.6*365 / 2
=311.95 / 420.6*365 / 2
=135.36

* 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.


Mersen  (STU:CBE) 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.

Mersen'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.

Mersen'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.


Mersen Days Inventory Related Terms

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


Mersen Business Description

Traded in Other Exchanges
Address
Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400
Mersen SA manufactures and sells electrical power products and Advanced materials in France, North America, the rest of Europe, the Asia-Pacific, and internationally. The business activity of the group functions through the Advanced Materials segment and Electrical Power segment. The Advanced Materials segment brings the businesses related to carbon materials - graphite specialties for high-temperature applications, anti-corrosion equipment designed primarily for chemicals and power transmission technologies, whereas the Electrical Power segment brings the businesses related to the electrical market - namely Solutions for Power Management and electrical protection and control, primarily fuses, industrial fuse holders, and surge protection solutions.

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