Cerinnov Group (XPAR:ALPCV) Days Inventory: 190.66 (As of Dec. 2024)


What is Cerinnov Group Days Inventory?

Cerinnov Group XPAR:ALPCV Days Inventory is 190.66 as of Dec. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Cerinnov Group's Average Total Inventories for the six months ended in Dec. 2024 was €2.75 Mil. Cerinnov Group's Cost of Goods Sold for the six months ended in Dec. 2024 was €2.63 Mil. Hence, Cerinnov Group's Days Inventory for the six months ended in Dec. 2024 was 190.66.

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

XPAR:ALPCV's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.44
* Ranked among companies with meaningful Days Inventory only.

Cerinnov Group's Days Inventory increased from Dec. 2023 (138.17) to Dec. 2024 (190.66). It might indicate that Cerinnov Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cerinnov Group's Inventory Turnover for the six months ended in Dec. 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. Cerinnov Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.46.

Cerinnov Group  (XPAR:ALPCV) 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.

Cerinnov Group's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=2.629 / 2.7465
=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.

Cerinnov Group's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2.7465 / 5.943
=0.46

* 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.

Cerinnov Group Days Inventory Related Terms

Cerinnov Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Cerinnov Group'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.

Cerinnov Group Days Inventory Chart

Cerinnov Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 353.27 263.39 143.67 158.56 187.79

Cerinnov Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 133.06 204.03 138.17 209.29 190.66

XPAR:ALPCV vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Cerinnov Group'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.

Cerinnov Group Days Inventory vs Industrial Products Industry

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

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


Cerinnov Group Days Inventory Calculation

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

Cerinnov Group's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2.545 + 2.6) / 2 ) / 5*365
=2.5725 / 5*365
=187.79

Cerinnov Group's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (2.893 + 2.6) / 2 ) / 2.629*365 / 2
=2.7465 / 2.629*365 / 2
=190.66

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 190.66 mean?
Cerinnov Group (XPAR:ALPCV) has a Days Inventory of 190.66 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cerinnov Group and its competitors.
Is Cerinnov Group's Days Inventory too high?
Cerinnov Group's current Days Inventory is 190.66. The Industrial Products industry median Days Inventory is 119.44. Cerinnov Group's value of 190.66 is 59.6% above this industry median.
How does Cerinnov Group's Days Inventory compare to GEV and ETN?
Cerinnov Group's Days Inventory of 190.66 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.44. Cerinnov Group's value of 190.66 is 59.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.44, based on 2,962 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cerinnov Group's current Days Inventory of 190.66 is 59.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cerinnov Group and its competitors. For the Industrial Products industry, the median Days Inventory is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerinnov Group's current Days Inventory is 190.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerinnov Group stock overvalued right now?
Cerinnov Group (XPAR:ALPCV) has a current Days Inventory of 190.66. The current Days Inventory is 190.66 and 59.6% above the Industrial Products industry median of 119.44. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Cerinnov Group (XPAR:ALPCV), the current Days Inventory is 190.66 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cerinnov Group Business Description

Address 2 rue Columbia, Parc d'Ester, Limoges, FRA, 87068
Cerinnov Group SA is engaged in the manufacturing of production equipment. The company's products include shaping machines, laser machine, decoration machine, customized equipment.