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Ackermans & Van Haaren NV (XBRU:ACKB) Days Inventory : 41.21 (As of Dec. 2023)


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What is Ackermans & Van Haaren NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ackermans & Van Haaren NV's Average Total Inventories for the six months ended in Dec. 2023 was €417 Mil. Ackermans & Van Haaren NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,847 Mil. Hence, Ackermans & Van Haaren NV's Days Inventory for the six months ended in Dec. 2023 was 41.21.

The historical rank and industry rank for Ackermans & Van Haaren NV's Days Inventory or its related term are showing as below:

XBRU:ACKB' s Days Inventory Range Over the Past 10 Years
Min: 20.13   Med: 47.87   Max: 72.38
Current: 43.41

During the past 13 years, Ackermans & Van Haaren NV's highest Days Inventory was 72.38. The lowest was 20.13. And the median was 47.87.

XBRU:ACKB's Days Inventory is ranked better than
52.33% of 1393 companies
in the Construction industry
Industry Median: 48.64 vs XBRU:ACKB: 43.41

Ackermans & Van Haaren NV's Days Inventory declined from Dec. 2022 (49.52) to Dec. 2023 (41.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ackermans & Van Haaren NV's Inventory Turnover for the six months ended in Dec. 2023 was 4.43.

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. Ackermans & Van Haaren NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.15.


Ackermans & Van Haaren NV Days Inventory Historical Data

The historical data trend for Ackermans & Van Haaren NV'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.

Ackermans & Van Haaren NV Days Inventory Chart

Ackermans & Van Haaren NV 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 57.58 72.38 51.34 48.71 42.85

Ackermans & Van Haaren NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 47.92 49.32 49.52 46.58 41.21

Competitive Comparison of Ackermans & Van Haaren NV's Days Inventory

For the Engineering & Construction subindustry, Ackermans & Van Haaren NV'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.


Ackermans & Van Haaren NV's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ackermans & Van Haaren NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ackermans & Van Haaren NV's Days Inventory falls into.



Ackermans & Van Haaren NV Days Inventory Calculation

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

Ackermans & Van Haaren NV'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
=( (389.71 + 415.778) / 2 ) / 3430.645*365
=402.744 / 3430.645*365
=42.85

Ackermans & Van Haaren NV'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
=( (418.459 + 415.778) / 2 ) / 1847.429*365 / 2
=417.1185 / 1847.429*365 / 2
=41.21

* 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.


Ackermans & Van Haaren NV  (XBRU:ACKB) 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.

Ackermans & Van Haaren NV's Inventory Turnover for the six months ended in Dec. 2023 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.

Ackermans & Van Haaren NV's Inventory to Revenue for the six months ended in Dec. 2023 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.


Ackermans & Van Haaren NV Days Inventory Related Terms

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


Ackermans & Van Haaren NV (XBRU:ACKB) Business Description

Traded in Other Exchanges
Address
Begijnenvest 113, Antwerp, BEL, 2000
Ackermans & Van Haaren NV is a global investment company with five core business segments, including Marine Engineering and Contracting, Private Banking, Real Estate and Senior Care, Energy and resources, and AvH and Growth Capital. The company has a long-term, activist orientation focused on making investments in growth companies with international exposure. A plurality of its net profit mix is derived from its Marine Engineering & Contracting segment, followed closely by its Private Banking & real estate and senior care division.

Ackermans & Van Haaren NV (XBRU:ACKB) Headlines

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