Days Inventory is also known as Days Sales of Inventory (DSI). Grenke AG's Average Total Inventories for the
three
months ended in Dec. 2024 was €0.6 Mil. Grenke AG's Cost of Goods Sold for the
three
months ended in Dec. 2024 was €127.3 Mil.
Hence, Grenke AG's Days Inventory for the
three
months ended in Dec. 2024 was 0.40.
The historical rank and industry rank for Grenke AG's Days Inventory or its related term are showing as below:
XTER:GLJ'
s Days Inventory Range Over the Past 10 Years
Min: 0.31 Med: 0.62 Max: 0.98
Current: 0.38
During the past 13 years, Grenke AG's highest Days Inventory was 0.98. The lowest was 0.31. And the median was 0.62.
XTER:GLJ's Days Inventory is ranked better than 95.7% of 93
companies
in the Credit Services industry
Industry Median: 47.2
vs XTER:GLJ: 0.38
Grenke AG's Days Inventory
increased
from Dec. 2023 (0.29) to Dec. 2024 (0.40).
It might indicate that Grenke AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grenke AG's Inventory Turnover for the
three
months ended in Dec. 2024 was 230.22.
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.
Grenke AG's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.00.
Grenke AG Days Inventory Historical Data
The historical data trend for Grenke 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.
Competitive Comparison of Grenke AG's Days Inventory
For the Credit Services subindustry, Grenke 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.
Grenke AG's Days Inventory Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Grenke AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Grenke AG's Days Inventory falls into.
* 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.
Grenke AG (XTER:GLJ) 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.
Grenke AG's Inventory Turnover for the
three
months ended in Dec. 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.
Grenke AG's Inventory to Revenue for the
three
months ended in Dec. 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.
Grenke AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Grenke AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.
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