Innotec Tss AG (LTS:0NL8) Days Inventory : 187.61 (As of Jun. 2023)

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What is Innotec Tss AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Innotec Tss AG's Average Total Inventories for the six months ended in Jun. 2023 was €21.3 Mil. Innotec Tss AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €20.7 Mil. Hence, Innotec Tss AG's Days Inventory for the six months ended in Jun. 2023 was 187.61.

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

LTS:0NL8' s Days Inventory Range Over the Past 10 Years
Min: 143.86 Med: 148.81 Max: 186.72
Current: 186.72

During the past 13 years, Innotec Tss AG's highest Days Inventory was 186.72. The lowest was 143.86. And the median was 148.81.

LTS:0NL8's Days Inventory is ranked worse than
85.74% of 1396 companies
in the Construction industry
Industry Median: 49.04 vs LTS:0NL8: 186.72

Innotec Tss AG's Days Inventory increased from Jun. 2022 (145.49) to Jun. 2023 (187.61). It might indicate that Innotec Tss AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Innotec Tss AG's Inventory Turnover for the six months ended in Jun. 2023 was 0.97.

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. Innotec Tss AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.35.

Innotec Tss AG Days Inventory Historical Data

The historical data trend for Innotec Tss 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.

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Innotec Tss AG Days Inventory Chart

Innotec Tss AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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143.86

146.84

145.44

151.10

167.94

Innotec Tss 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															127.84	158.82	145.49	192.41	187.61

Competitive Comparison of Innotec Tss AG's Days Inventory

For the Building Products & Equipment subindustry, Innotec Tss 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.

Innotec Tss AG's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Innotec Tss AG's Days Inventory falls into.

Innotec Tss AG Days Inventory Calculation

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

Innotec Tss 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
=	( (16.946	+	22.076)	/	2 )	/	42.406	*	365
=	19.511					/	42.406	*	365
=	167.94

Innotec Tss 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
=	( (22.076	+	20.52)	/	2 )	/	20.718	*	365 / 2
=	21.298					/	20.718	*	365 / 2
=	187.61

Innotec Tss AG (LTS:0NL8) 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.

Innotec Tss AG's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	20.718	/	21.298
	=	0.97

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.

Innotec Tss AG's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.298	/	60.398
	=	0.35

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.

Innotec Tss AG Days Inventory Related Terms

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

Innotec Tss AG (LTS:0NL8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Innotec Tss AG (LTS:0NL8) » Definitions » Days Inventory

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Traded in Other Exchanges

TSS:Germany

Address

Grunerstrasse 62, Duesseldorf, DEU, 40239

Website

https://www.innotectss.de

Innotec Tss AG manufactures door systems & products for structural engineering. It operates two divisions: Door Systems, which manufactures door panels series & door systems, and Structural Engineering, a provider for the building construction industry.

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