Elaris AG (XTER:ELS) Days Inventory : 381.01 (As of Dec. 2022)

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What is Elaris AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elaris AG's Average Total Inventories for the six months ended in Dec. 2022 was €2.63 Mil. Elaris AG's Cost of Goods Sold for the six months ended in Dec. 2022 was €2.52 Mil. Hence, Elaris AG's Days Inventory for the six months ended in Dec. 2022 was 190.51.

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

XTER:ELS's Days Inventory is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 80.545
* Ranked among companies with meaningful Days Inventory only.

Elaris AG's Days Inventory increased from Dec. 2020 (0.00) to Dec. 2022 (381.01). It might indicate that Elaris AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elaris AG's Inventory Turnover for the six months ended in Dec. 2022 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. Elaris AG's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.87.

Elaris AG Days Inventory Historical Data

The historical data trend for Elaris 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.

Elaris AG Days Inventory Chart

Elaris AG Annual Data

Trend

Dec20

Dec21

Dec22

Days Inventory

658.41

381.01

Elaris AG Semi-Annual Data
	Dec20	Dec21	Dec22
Days Inventory	-	658.41	381.01

Competitive Comparison of Elaris AG's Days Inventory

For the Auto Manufacturers subindustry, Elaris 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.

Elaris AG's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Elaris AG's Days Inventory distribution charts can be found below:

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

Elaris AG Days Inventory Calculation

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

Elaris AG's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.49	+	3.769)	/	2 )	/	2.519	*	365
=	2.6295					/	2.519	*	365
=	381.01

Elaris AG's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (1.49	+	3.769)	/	2 )	/	2.519	*	365 / 2
=	2.6295					/	2.519	*	365 / 2
=	190.51

Elaris AG (XTER:ELS) 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.

Elaris AG's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.519	/	2.6295
	=	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.

Elaris AG's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.6295	/	3.035
	=	0.87

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.

Elaris AG Days Inventory Related Terms

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