Avantium NV (XAMS:AVTX) Days Inventory : 110.49 (As of Jun. 2023)

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What is Avantium NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Avantium NV's Average Total Inventories for the six months ended in Jun. 2023 was €1.41 Mil. Avantium NV's Cost of Goods Sold for the six months ended in Jun. 2023 was €2.33 Mil. Hence, Avantium NV's Days Inventory for the six months ended in Jun. 2023 was 110.49.

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

XAMS:AVTX' s Days Inventory Range Over the Past 10 Years
Min: 45.2 Med: 145.78 Max: 207.94
Current: 110.44

During the past 11 years, Avantium NV's highest Days Inventory was 207.94. The lowest was 45.20. And the median was 145.78.

XAMS:AVTX's Days Inventory is ranked worse than
67.07% of 1491 companies
in the Chemicals industry
Industry Median: 83.31 vs XAMS:AVTX: 110.44

Avantium NV's Days Inventory declined from Jun. 2022 (153.78) to Jun. 2023 (110.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Avantium NV's Inventory Turnover for the six months ended in Jun. 2023 was 1.65.

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. Avantium NV's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.19.

Avantium NV Days Inventory Historical Data

The historical data trend for Avantium NV'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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Avantium NV Days Inventory Chart

Avantium NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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143.80

129.43

207.94

147.76

135.79

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial													188.08	124.87	153.78	117.83	110.49

Competitive Comparison of Avantium NV's Days Inventory

For the Specialty Chemicals subindustry, Avantium NV'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.

Avantium NV's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avantium NV's Days Inventory distribution charts can be found below:

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

Avantium NV Days Inventory Calculation

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

Avantium NV'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
=	( (1.238	+	1.567)	/	2 )	/	3.77	*	365
=	1.4025					/	3.77	*	365
=	135.79

Avantium NV'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
=	( (1.567	+	1.253)	/	2 )	/	2.329	*	365 / 2
=	1.41					/	2.329	*	365 / 2
=	110.49

Avantium NV (XAMS:AVTX) 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.

Avantium NV's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.329	/	1.41
	=	1.65

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.

Avantium NV's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.41	/	7.263
	=	0.19

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.

Avantium NV Days Inventory Related Terms

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

Avantium NV (XAMS:AVTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avantium NV (XAMS:AVTX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AVTXF:USA 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.