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Metalico (FRA:MT5) Days Inventory : 37.75 (As of Jun. 2015)


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What is Metalico Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metalico's Average Total Inventories for the three months ended in Jun. 2015 was €27.2 Mil. Metalico's Cost of Goods Sold for the three months ended in Jun. 2015 was €65.7 Mil. Hence, Metalico's Days Inventory for the three months ended in Jun. 2015 was 37.75.

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

FRA:MT5' s Days Inventory Range Over the Past 10 Years
Min: 19.63   Med: 47.09   Max: 64.26
Current: 43.81

During the past 13 years, Metalico's highest Days Inventory was 64.26. The lowest was 19.63. And the median was 47.09.

FRA:MT5's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 120.1 vs FRA:MT5: 43.81

Metalico's Days Inventory declined from Jun. 2014 (48.46) to Jun. 2015 (37.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Metalico's Inventory Turnover for the three months ended in Jun. 2015 was 2.42.

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. Metalico's Inventory-to-Revenue for the three months ended in Jun. 2015 was 0.39.


Metalico Days Inventory Historical Data

The historical data trend for Metalico'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.

Metalico Days Inventory Chart

Metalico Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.36 49.54 55.89 49.93 39.33

Metalico Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 48.46 42.97 43.64 44.44 37.75

Competitive Comparison of Metalico's Days Inventory

For the Metal Fabrication subindustry, Metalico'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.


Metalico's Days Inventory Distribution in the Industrial Products Industry

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

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



Metalico Days Inventory Calculation

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

Metalico's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (40.257 + 37.408) / 2 ) / 360.388*365
=38.8325 / 360.388*365
=39.33

Metalico's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory (Q: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2015 ) + Total Inventories (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (31.386 + 22.99) / 2 ) / 65.716*365 / 4
=27.188 / 65.716*365 / 4
=37.75

* 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.


Metalico  (FRA:MT5) 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.

Metalico's Inventory Turnover for the three months ended in Jun. 2015 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.

Metalico's Inventory to Revenue for the three months ended in Jun. 2015 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.


Metalico Days Inventory Related Terms

Thank you for viewing the detailed overview of Metalico's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Metalico (FRA:MT5) Business Description

Traded in Other Exchanges
N/A
Address
Metalico Inc was originally organized as a Delaware corporation in August 1997. The Company along with its subsidiaries operates in two distinct business segments; scrap metal recycling and lead metal product fabricating. The Companys operating facilities include thirty-one scrap metal recycling facilities, including a combined aluminum de-oxidizing plant and four lead product manufacturing and fabricating plants. In the Scrap Metal Recycling segment, its operations mainly involves the collection and processing of ferrous and non-ferrous metals. It collects industrial and obsolete scrap metal, process it into reusable forms and supply the recycled metals to its consumers that include electric arc furnace mills, integrated steel mills, foundries, secondary smelters, aluminum recyclers and metal brokers. The Company acquires unprocessed scrap metals mainly in its local and regional markets and sells to consumers nationally and in Canada as well as to exporters and international brokers. Some of the metal commodities it recycles include steel, copper, aluminum, stainless steel, molybdenum, tantalum, platinum, lead and many others. In Lead Fabricating segment, through four physical operations located in three states, the Company consumes approximately 40 to 45 million pounds of lead metal per year that are utilized in more than one hundred different base products. Its products are sold nationally into diverse industries such as roofing, plumbing, radiation shielding for pharmaceutical and power generation, electronic solders, ammunition, automotive, Department of Defense contractors, and others. The Company sells its lead fabrications nationally. Products are sold to distributors, wholesalers, the plumbing and building trades, equipment manufacturers and other consumers. Its lead fabrication facilities compete against two fabricators of similar, but limited products based in the Southwest who distribute nationally and several smaller regional producers of similar products. To a lesser extent, it also competes against products imported from South America, Canada, Europe and Asia. The Company is subject to comprehensive and frequently changing Federal, state and local laws and regulations.

Metalico (FRA:MT5) Headlines

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