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Norddeutsche Steingut AG (HAM:NST) Days Inventory : 328.70 (As of Jun. 2023)


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What is Norddeutsche Steingut AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Norddeutsche Steingut AG's Average Total Inventories for the six months ended in Jun. 2023 was €49.6 Mil. Norddeutsche Steingut AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €27.5 Mil. Hence, Norddeutsche Steingut AG's Days Inventory for the six months ended in Jun. 2023 was 328.70.

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

HAM:NST' s Days Inventory Range Over the Past 10 Years
Min: 226.49   Med: 306.15   Max: 444.91
Current: 323.61

During the past 13 years, Norddeutsche Steingut AG's highest Days Inventory was 444.91. The lowest was 226.49. And the median was 306.15.

HAM:NST's Days Inventory is ranked worse than
92.55% of 1396 companies
in the Construction industry
Industry Median: 48.905 vs HAM:NST: 323.61

Norddeutsche Steingut AG's Days Inventory increased from Jun. 2022 (173.80) to Jun. 2023 (328.70). It might indicate that Norddeutsche Steingut AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norddeutsche Steingut AG's Inventory Turnover for the six months ended in Jun. 2023 was 0.56.

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. Norddeutsche Steingut AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.99.


Norddeutsche Steingut AG Days Inventory Historical Data

The historical data trend for Norddeutsche Steingut 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.

Norddeutsche Steingut AG Days Inventory Chart

Norddeutsche Steingut AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 444.91 397.77 299.73 259.99 226.49

Norddeutsche Steingut AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 262.02 258.35 173.80 300.35 328.70

Competitive Comparison of Norddeutsche Steingut AG's Days Inventory

For the Building Products & Equipment subindustry, Norddeutsche Steingut 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.


Norddeutsche Steingut AG's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Norddeutsche Steingut AG's Days Inventory distribution charts can be found below:

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



Norddeutsche Steingut AG Days Inventory Calculation

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

Norddeutsche Steingut 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
=( (37.902 + 46.723) / 2 ) / 68.189*365
=42.3125 / 68.189*365
=226.49

Norddeutsche Steingut AG's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (46.723 + 52.424) / 2 ) / 27.524*365 / 2
=49.5735 / 27.524*365 / 2
=328.70

* 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.


Norddeutsche Steingut AG  (HAM:NST) 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.

Norddeutsche Steingut AG's Inventory Turnover for the six months ended in Jun. 2023 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.

Norddeutsche Steingut AG's Inventory to Revenue for the six months ended in Jun. 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.


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.


Norddeutsche Steingut AG Days Inventory Related Terms

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


Norddeutsche Steingut AG (HAM:NST) Business Description

Traded in Other Exchanges
N/A
Address
Schonebecker Strasse 101, Bremen, NI, DEU, 28759
Norddeutsche Steingut AG is engaged in supplying of ceramic wall and floor tiles. Its brands comprise of GROHN FLIESEN, NORD CERAM, KERATEAM, JOY, AND PROFIKERAM.

Norddeutsche Steingut AG (HAM:NST) Headlines

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