Days Inventory is also known as Days Sales of Inventory (DSI). TagMaster AB's Average Total Inventories for the
three
months ended in Mar. 2024 was €6.58 Mil. TagMaster AB's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €2.96 Mil.
Hence, TagMaster AB's Days Inventory for the
three
months ended in Mar. 2024 was 202.84.
The historical rank and industry rank for TagMaster AB's Days Inventory or its related term are showing as below:
FRA:2I40'
s Days Inventory Range Over the Past 10 Years
Min: 81.1 Med: 165.8 Max: 202.64
Current: 198.18
During the past 13 years, TagMaster AB's highest Days Inventory was 202.64. The lowest was 81.10. And the median was 165.80.
FRA:2I40's Days Inventory is ranked worse than 80.09% of 2406
companies
in the Hardware industry
Industry Median: 101.81
vs FRA:2I40: 198.18
TagMaster AB's Days Inventory
increased
from Mar. 2023 (175.73) to Mar. 2024 (202.84).
It might indicate that TagMaster AB's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
TagMaster AB's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.45.
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.
TagMaster AB's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.75.
TagMaster AB Days Inventory Historical Data
The historical data trend for TagMaster AB'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 TagMaster AB's Days Inventory
For the Communication Equipment subindustry, TagMaster AB'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.
TagMaster AB's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, TagMaster AB's Days Inventory distribution charts can be found below:
* The bar in red indicates where TagMaster AB's Days Inventory falls into.
TagMaster AB Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
TagMaster AB'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.
TagMaster AB (FRA:2I40) 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.
TagMaster AB's Inventory Turnover for the
three
months ended in Mar. 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.
TagMaster AB's Inventory to Revenue for the
three
months ended in Mar. 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.
TagMaster AB Days Inventory Related Terms
Thank you for viewing the detailed overview of TagMaster AB's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.
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