The historical rank and industry rank for Mutares SE KGaA's Days Inventory or its related term are showing as below:
XTER:MUX'
s Days Inventory Range Over the Past 10 Years
Min: 45.53 Med: 56.08 Max: 79.38
Current: 55.51
During the past 13 years, Mutares SE KGaA's highest Days Inventory was 79.38. The lowest was 45.53. And the median was 56.08.
XTER:MUX's Days Inventory is ranked better than 60.87% of 161
companies
in the Asset Management industry
Industry Median: 78.21
vs XTER:MUX: 55.51
Mutares SE KGaA's Days Inventory
increased
from Jun. 2023 (54.90) to Jun. 2024 (55.62).
It might indicate that Mutares SE KGaA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Mutares SE KGaA's Inventory Turnover for the
three
months ended in Jun. 2024 was 1.64.
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.
Mutares SE KGaA's Inventory-to-Revenue for the
three
months ended in Jun. 2024 was 0.55.
Mutares SE KGaA Days Inventory Historical Data
The historical data trend for Mutares SE KGaA'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 Mutares SE KGaA's Days Inventory
For the Asset Management subindustry, Mutares SE KGaA'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.
Mutares SE KGaA's Days Inventory Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Mutares SE KGaA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Mutares SE KGaA's Days Inventory falls into.
Mutares SE KGaA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Mutares SE KGaA's Days Inventory for the fiscal year that 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.
Mutares SE KGaA (XTER:MUX) 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.
Mutares SE KGaA's Inventory Turnover for the
three
months ended in Jun. 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.
Mutares SE KGaA's Inventory to Revenue for the
three
months ended in Jun. 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.
Mutares SE KGaA Days Inventory Related Terms
Thank you for viewing the detailed overview of Mutares SE KGaA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Mutares SE & Co KGaA is a holding company. Its primary business is to acquire small and medium-sized companies in special situations. The company's operating segment includes the Automotive & Mobility segment includes the acquired companies that are engaged in the supplying of rubber mouldings, components for commercial vehicles, and others; the Engineering and Technology segment includes acquired companies that are engaged in the supplying of coating for oil and gas pipelines, components for increasing efficiency, provider of steel structures, roof and facade systems, and others; Goods and services segment includes acquired companies that are engaged in the manufacturing of packaging solutions, iron wire, paper household products, and logistics services.
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