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WashTec AG (WBO:WSU) Days Inventory : 73.32 (As of Sep. 2024)


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What is WashTec AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WashTec AG's Average Total Inventories for the three months ended in Sep. 2024 was €63.3 Mil. WashTec AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €78.7 Mil. Hence, WashTec AG's Days Inventory for the three months ended in Sep. 2024 was 73.32.

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

WBO:WSU' s Days Inventory Range Over the Past 10 Years
Min: 50.63   Med: 73.31   Max: 105.88
Current: 69.53

During the past 13 years, WashTec AG's highest Days Inventory was 105.88. The lowest was 50.63. And the median was 73.31.

WBO:WSU's Days Inventory is ranked better than
79.34% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs WBO:WSU: 69.53

WashTec AG's Days Inventory declined from Sep. 2023 (75.14) to Sep. 2024 (73.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. WashTec AG's Inventory Turnover for the three months ended in Sep. 2024 was 1.24.

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. WashTec AG's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.55.


WashTec AG Days Inventory Historical Data

The historical data trend for WashTec 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.

WashTec AG Days Inventory Chart

WashTec AG 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 70.41 50.63 56.80 66.03 65.00

WashTec AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 75.14 60.15 73.24 68.20 73.32

Competitive Comparison of WashTec AG's Days Inventory

For the Specialty Industrial Machinery subindustry, WashTec 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.


WashTec AG's Days Inventory Distribution in the Industrial Products Industry

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

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



WashTec AG Days Inventory Calculation

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

WashTec 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
=( (71.272 + 54.432) / 2 ) / 352.934*365
=62.852 / 352.934*365
=65.00

WashTec AG's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (62.107 + 64.409) / 2 ) / 78.731*365 / 4
=63.258 / 78.731*365 / 4
=73.32

* 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.


WashTec AG  (WBO:WSU) 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.

WashTec AG's Inventory Turnover for the three months ended in Sep. 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.

WashTec AG's Inventory to Revenue for the three months ended in Sep. 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.


WashTec AG Days Inventory Related Terms

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


WashTec AG Business Description

Traded in Other Exchanges
Address
Argonstrasse 7, Augsburg, DEU, 86153
WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.

WashTec AG Headlines

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