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MDI Energia (WAR:MDI) Days Inventory : 2.12 (As of Mar. 2024)


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What is MDI Energia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MDI Energia's Average Total Inventories for the three months ended in Mar. 2024 was zł1.1 Mil. MDI Energia's Cost of Goods Sold for the three months ended in Mar. 2024 was zł48.7 Mil. Hence, MDI Energia's Days Inventory for the three months ended in Mar. 2024 was 2.12.

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

WAR:MDI' s Days Inventory Range Over the Past 10 Years
Min: 1.99   Med: 2.55   Max: 7.99
Current: 4.92

During the past 13 years, MDI Energia's highest Days Inventory was 7.99. The lowest was 1.99. And the median was 2.55.

WAR:MDI's Days Inventory is ranked better than
89.36% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.41 vs WAR:MDI: 4.92

MDI Energia's Days Inventory declined from Mar. 2023 (11.82) to Mar. 2024 (2.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. MDI Energia's Inventory Turnover for the three months ended in Mar. 2024 was 43.02.

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. MDI Energia's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


MDI Energia Days Inventory Historical Data

The historical data trend for MDI Energia'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.

MDI Energia Days Inventory Chart

MDI Energia 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 2.31 1.99 2.22 4.79 5.45

MDI Energia Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.82 7.54 6.54 4.13 2.12

Competitive Comparison of MDI Energia's Days Inventory

For the Utilities - Independent Power Producers subindustry, MDI Energia'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.


MDI Energia's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, MDI Energia's Days Inventory distribution charts can be found below:

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



MDI Energia Days Inventory Calculation

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

MDI Energia'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
=( (3.815 + 1.141) / 2 ) / 165.908*365
=2.478 / 165.908*365
=5.45

MDI Energia's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.141 + 1.122) / 2 ) / 48.682*365 / 4
=1.1315 / 48.682*365 / 4
=2.12

* 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.


MDI Energia  (WAR:MDI) 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.

MDI Energia's Inventory Turnover for the three months ended in Mar. 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.

MDI Energia's Inventory to Revenue for the three months ended in Mar. 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.


MDI Energia Days Inventory Related Terms

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


MDI Energia (WAR:MDI) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Paderewskiego 7, Poznan, POL, 61-770
MDI Energia SA is a Poland based company engaged in the renewable energy business in Poland and internationally. It is involved in the wind farm and biogas power plant projects, as well as the photovoltaic installation activities. The company also manages residential multifamily housing projects in Poland.

MDI Energia (WAR:MDI) Headlines

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