Lenzing AG (STU:LEN) Days Inventory : 94.73 (As of Jun. 2024)

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What is Lenzing AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lenzing AG's Average Total Inventories for the three months ended in Jun. 2024 was €553 Mil. Lenzing AG's Cost of Goods Sold for the three months ended in Jun. 2024 was €532 Mil. Hence, Lenzing AG's Days Inventory for the three months ended in Jun. 2024 was 94.73.

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

STU:LEN' s Days Inventory Range Over the Past 10 Years
Min: 82 Med: 100.55 Max: 120.87
Current: 82

During the past 13 years, Lenzing AG's highest Days Inventory was 120.87. The lowest was 82.00. And the median was 100.55.

STU:LEN's Days Inventory is ranked better than
71.14% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.19 vs STU:LEN: 82.00

Lenzing AG's Days Inventory declined from Jun. 2023 (118.68) to Jun. 2024 (94.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lenzing AG's Inventory Turnover for the three months ended in Jun. 2024 was 0.96.

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. Lenzing AG's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.85.

Lenzing AG Days Inventory Historical Data

The historical data trend for Lenzing 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.

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Lenzing AG Days Inventory Chart

Lenzing AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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120.87

94.57

85.93

99.51

88.33

Lenzing AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															118.68	104.92	55.04	89.46	94.73

Competitive Comparison of Lenzing AG's Days Inventory

For the Textile Manufacturing subindustry, Lenzing 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.

Lenzing AG's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lenzing AG's Days Inventory distribution charts can be found below:

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

Lenzing AG Days Inventory Calculation

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

Lenzing 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
=	( (708.307	+	548.938)	/	2 )	/	2597.638	*	365
=	628.6225					/	2597.638	*	365
=	88.33

Lenzing 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: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (540.7	+	564.7)	/	2 )	/	532.4	*	365 / 4
=	552.7					/	532.4	*	365 / 4
=	94.73

Lenzing AG (STU:LEN) 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.

Lenzing AG's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	532.4	/	552.7
	=	0.96

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.

Lenzing AG's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	552.7	/	652.3
	=	0.85

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.

Lenzing AG Days Inventory Related Terms

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Lenzing AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (STU:LEN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

LNZNF:USA 0NCV:UK LEN:Germany LNZ:Austria

Address

Werkstrasse 2, Lenzing, AUT, 4860

Website

https://www.lenzing.com

Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.