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Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Days Inventory : 64.93 (As of Mar. 2024)


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What is Metalac a.d. , Gornji Milanovac Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metalac a.d. , Gornji Milanovac's Average Total Inventories for the three months ended in Mar. 2024 was RSD76.3 Mil. Metalac a.d. , Gornji Milanovac's Cost of Goods Sold for the three months ended in Mar. 2024 was RSD107.2 Mil. Hence, Metalac a.d. , Gornji Milanovac's Days Inventory for the three months ended in Mar. 2024 was 64.93.

The historical rank and industry rank for Metalac a.d. , Gornji Milanovac's Days Inventory or its related term are showing as below:

XBEL:MTLC' s Days Inventory Range Over the Past 10 Years
Min: 5.33   Med: 157.78   Max: 1896.73
Current: 1186.98

During the past 13 years, Metalac a.d. , Gornji Milanovac's highest Days Inventory was 1896.73. The lowest was 5.33. And the median was 157.78.

XBEL:MTLC's Days Inventory is ranked worse than
98.8% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs XBEL:MTLC: 1186.98

Metalac a.d. , Gornji Milanovac's Days Inventory increased from Dec. 2022 (18.01) to Mar. 2024 (64.93). It might indicate that Metalac a.d. , Gornji Milanovac's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metalac a.d. , Gornji Milanovac's Inventory Turnover for the three months ended in Mar. 2024 was 1.41.

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. Metalac a.d. , Gornji Milanovac's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.28.


Metalac a.d. , Gornji Milanovac Days Inventory Historical Data

The historical data trend for Metalac a.d. , Gornji Milanovac'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.

Metalac a.d. , Gornji Milanovac Days Inventory Chart

Metalac a.d. , Gornji Milanovac 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 132.33 183.23 124.96 118.15 125.21

Metalac a.d. , Gornji Milanovac Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 18.01 1,657.20 38.93 - 64.93

Competitive Comparison of Metalac a.d. , Gornji Milanovac's Days Inventory

For the Consumer Electronics subindustry, Metalac a.d. , Gornji Milanovac'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.


Metalac a.d. , Gornji Milanovac's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Metalac a.d. , Gornji Milanovac's Days Inventory distribution charts can be found below:

* The bar in red indicates where Metalac a.d. , Gornji Milanovac's Days Inventory falls into.



Metalac a.d. , Gornji Milanovac Days Inventory Calculation

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

Metalac a.d. , Gornji Milanovac'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
=( (2903.948 + 3507.447) / 2 ) / 9345.211*365
=3205.6975 / 9345.211*365
=125.21

Metalac a.d. , Gornji Milanovac's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (80.293 + 72.208) / 2 ) / 107.164*365 / 4
=76.2505 / 107.164*365 / 4
=64.93

* 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.


Metalac a.d. , Gornji Milanovac  (XBEL:MTLC) 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.

Metalac a.d. , Gornji Milanovac'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.

Metalac a.d. , Gornji Milanovac'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.


Metalac a.d. , Gornji Milanovac Days Inventory Related Terms

Thank you for viewing the detailed overview of Metalac a.d. , Gornji Milanovac's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Business Description

Traded in Other Exchanges
N/A
Address
Kneza Aleksandra 212, Gornji Milanovac, SRB, 32300
Metalac a.d. , Gornji Milanovac produces and sells enamel, Teflon-coated, aluminum and stainless-steel cookware. It also sells water heaters, transport and luxurious cardboard packing materials, steel products, and others.

Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Headlines

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