Avemio AG (XTER:3D6) Days Inventory : 65.15 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Avemio AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Avemio AG's Average Total Inventories for the six months ended in Jun. 2023 was €14.60 Mil. Avemio AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €40.91 Mil. Hence, Avemio AG's Days Inventory for the six months ended in Jun. 2023 was 65.15.

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

XTER:3D6' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 130.3
Current: 130.3

During the past 3 years, Avemio AG's highest Days Inventory was 130.30. The lowest was 0.00. And the median was 0.00.

XTER:3D6's Days Inventory is ranked worse than
80.76% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs XTER:3D6: 130.30

Avemio AG's Days Inventory increased from Dec. 2021 (0.00) to Jun. 2023 (65.15). It might indicate that Avemio AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avemio AG's Inventory Turnover for the six months ended in Jun. 2023 was 2.80.

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. Avemio AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.29.

Avemio AG Days Inventory Historical Data

The historical data trend for Avemio 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.

* Premium members only.

Avemio AG Days Inventory Chart

Avemio AG Annual Data

Trend

Dec19

Dec20

Dec21

Days Inventory

Avemio AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	65.15

Competitive Comparison of Avemio AG's Days Inventory

For the Consulting Services subindustry, Avemio 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.

Avemio AG's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avemio AG's Days Inventory distribution charts can be found below:

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

Avemio AG Days Inventory Calculation

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

Avemio AG's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.238	*	365
=	0					/	0.238	*	365
=	0.00

Avemio 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: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	14.604)	/	1 )	/	40.91	*	365 / 2
=	14.604					/	40.91	*	365 / 2
=	65.15

Avemio AG (XTER:3D6) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.91	/	14.604
	=	2.80

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.604	/	49.986
	=	0.29

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.

Avemio AG Days Inventory Related Terms

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

Avemio AG (XTER:3D6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avemio AG (XTER:3D6) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

3D6:Germany

Address

Königsallee 60f, Dusseldorf, DEU, 40212

Website

http://www.palgon.de

Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

Avemio AG (XTER:3D6) Headlines

No Headlines