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UET United Electronic Technology AG (XTER:CFC) Days Inventory : 120.31 (As of Jun. 2023)


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What is UET United Electronic Technology AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). UET United Electronic Technology AG's Average Total Inventories for the six months ended in Jun. 2023 was €11.50 Mil. UET United Electronic Technology AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €17.44 Mil. Hence, UET United Electronic Technology AG's Days Inventory for the six months ended in Jun. 2023 was 120.31.

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

XTER:CFC' s Days Inventory Range Over the Past 10 Years
Min: 89.06   Med: 107.95   Max: 200.89
Current: 121.77

During the past 13 years, UET United Electronic Technology AG's highest Days Inventory was 200.89. The lowest was 89.06. And the median was 107.95.

XTER:CFC's Days Inventory is ranked worse than
58.75% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs XTER:CFC: 121.77

UET United Electronic Technology AG's Days Inventory declined from Jun. 2022 (142.19) to Jun. 2023 (120.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. UET United Electronic Technology AG's Inventory Turnover for the six months ended in Jun. 2023 was 1.52.

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. UET United Electronic Technology AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.33.


UET United Electronic Technology AG Days Inventory Historical Data

The historical data trend for UET United Electronic Technology 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.

UET United Electronic Technology AG Days Inventory Chart

UET United Electronic Technology AG 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 142.31 110.98 200.89 140.21 116.50

UET United Electronic Technology 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 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 179.46 120.66 142.19 114.99 120.31

Competitive Comparison of UET United Electronic Technology AG's Days Inventory

For the Communication Equipment subindustry, UET United Electronic Technology 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.


UET United Electronic Technology AG's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where UET United Electronic Technology AG's Days Inventory falls into.



UET United Electronic Technology AG Days Inventory Calculation

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

UET United Electronic Technology 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
=( (7.531 + 9.564) / 2 ) / 26.779*365
=8.5475 / 26.779*365
=116.50

UET United Electronic Technology 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
=( (9.564 + 13.427) / 2 ) / 17.438*365 / 2
=11.4955 / 17.438*365 / 2
=120.31

* 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.


UET United Electronic Technology AG  (XTER:CFC) 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.

UET United Electronic Technology AG's Inventory Turnover for the six months ended in Jun. 2023 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.

UET United Electronic Technology AG's Inventory to Revenue for the six months ended in Jun. 2023 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.


UET United Electronic Technology AG Days Inventory Related Terms

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


UET United Electronic Technology AG (XTER:CFC) Business Description

Traded in Other Exchanges
Address
Frankfurter Strasse 80-82, Eschborn, DEU, 65760
UET United Electronic Technology AG is primarily engaged in systems, telecommunication systems for broadband, wired networks, manufacturing of electronic products, providers of services for development, production, logistics of electronic modules and systems. Geographically it operates through the region of Germany and internationally. Majority of its revenue comes from the systems and electronic products business.

UET United Electronic Technology AG (XTER:CFC) Headlines

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