Days Inventory is also known as Days Sales of Inventory (DSI). Masterflex SE's Average Total Inventories for the
three
months ended in Mar. 2024 was €22.26 Mil. Masterflex SE's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €7.80 Mil.
Hence, Masterflex SE's Days Inventory for the
three
months ended in Mar. 2024 was 260.50.
The historical rank and industry rank for Masterflex SE's Days Inventory or its related term are showing as below:
LTS:0FCT'
s Days Inventory Range Over the Past 10 Years
Min: 205.58 Med: 242.56 Max: 269.36
Current: 268.57
During the past 13 years, Masterflex SE's highest Days Inventory was 269.36. The lowest was 205.58. And the median was 242.56.
LTS:0FCT's Days Inventory is ranked worse than 93.57% of 1494
companies
in the Chemicals industry
Industry Median: 82.18
vs LTS:0FCT: 268.57
Masterflex SE's Days Inventory
increased
from Mar. 2023 (229.59) to Mar. 2024 (260.50).
It might indicate that Masterflex SE's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Masterflex SE's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.35.
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.
Masterflex SE's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.85.
Masterflex SE Days Inventory Historical Data
The historical data trend for Masterflex SE'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 Masterflex SE's Days Inventory
For the Specialty Chemicals subindustry, Masterflex SE'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.
Masterflex SE's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Masterflex SE's Days Inventory distribution charts can be found below:
* The bar in red indicates where Masterflex SE's Days Inventory falls into.
Masterflex SE Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Masterflex SE'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.
Masterflex SE (LTS:0FCT) 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.
Masterflex SE'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.
Masterflex SE'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.
Masterflex SE Days Inventory Related Terms
Thank you for viewing the detailed overview of Masterflex SE's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Masterflex SE develops, manufactures and marketing of high-tech hoses and connection systems for various industrial and manufacturing applications. The company sells its products under six brands. Masterflex brand produces spiral hoses and connection systems for all industrial applications. Matzen and Timm specialize in vulcanized shapes and hoses for the aerospace sector and the automotive industry. Novoplast offers pre-formed tubes and technical tubings for medical and industrial uses. Fleima-Plastic offers injection molded parts and components for medical technology. Masterduct provides spiral hoses and connection systems as well as heating, ventilation and air conditioning elements. APT produces hoses of fluoropolymers with permanent resistance to all chemicals.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LTS:0FCT has been successfully added to your 