Gigaset AG (STU:GGS) Days Inventory : 135.77 (As of Jun. 2023)

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What is Gigaset AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gigaset AG's Average Total Inventories for the three months ended in Jun. 2023 was €41.1 Mil. Gigaset AG's Cost of Goods Sold for the three months ended in Jun. 2023 was €27.6 Mil. Hence, Gigaset AG's Days Inventory for the three months ended in Jun. 2023 was 135.77.

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

STU:GGS' s Days Inventory Range Over the Past 10 Years
Min: 59.33 Med: 72.93 Max: 128.95
Current: 128.95

During the past 13 years, Gigaset AG's highest Days Inventory was 128.95. The lowest was 59.33. And the median was 72.93.

STU:GGS's Days Inventory is ranked worse than
61.45% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs STU:GGS: 128.95

Gigaset AG's Days Inventory increased from Jun. 2022 (132.65) to Jun. 2023 (135.77). It might indicate that Gigaset AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gigaset AG's Inventory Turnover for the three months ended in Jun. 2023 was 0.67.

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. Gigaset AG's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.82.

Gigaset AG Days Inventory Historical Data

The historical data trend for Gigaset 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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Gigaset AG Days Inventory Chart

Gigaset AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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77.56

102.17

104.65

102.18

106.67

Gigaset AG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Inventory	Get a 7-Day Free Trial															132.65	131.41	119.91	129.90	135.77

Competitive Comparison of Gigaset AG's Days Inventory

For the Communication Equipment subindustry, Gigaset 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.

Gigaset AG's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gigaset AG's Days Inventory distribution charts can be found below:

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

Gigaset AG Days Inventory Calculation

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

Gigaset 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
=	( (28.547	+	35.34)	/	2 )	/	109.302	*	365
=	31.9435					/	109.302	*	365
=	106.67

Gigaset 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: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (41.202	+	40.928)	/	2 )	/	27.6	*	365 / 4
=	41.065					/	27.6	*	365 / 4
=	135.77

Gigaset AG (STU:GGS) 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.

Gigaset AG's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27.6	/	41.065
	=	0.67

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.

Gigaset AG's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	41.065	/	49.994
	=	0.82

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.

Gigaset AG Days Inventory Related Terms

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

Gigaset AG (STU:GGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gigaset AG (STU:GGS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GGS:Germany GGS:Germany

Address

Frankenstrasse 2, Bochalt, DEU, 46395

Website

https://www.gigaset.com/hq_en

Gigaset AG manufactures and sells telecommunication equipment. Its business segments include Phones, Professional, Smart homes, and Smartphones. Phones segment generates the majority of the revenue. Its geographic segments include Germany, the European Union, and the Rest of the world.

Gigaset AG (STU:GGS) Headlines

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