Days Inventory is also known as Days Sales of Inventory (DSI). Nabaltec AG's Average Total Inventories for the
three
months ended in Dec. 2023 was €49.1 Mil. Nabaltec AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €21.0 Mil.
Hence, Nabaltec AG's Days Inventory for the
three
months ended in Dec. 2023 was 213.79.
The historical rank and industry rank for Nabaltec AG's Days Inventory or its related term are showing as below:
XTER:NTG'
s Days Inventory Range Over the Past 10 Years
Min: 130.02 Med: 141.97 Max: 175.23
Current: 172.24
During the past 13 years, Nabaltec AG's highest Days Inventory was 175.23. The lowest was 130.02. And the median was 141.97.
XTER:NTG's Days Inventory is ranked worse than 85.18% of 1491
companies
in the Chemicals industry
Industry Median: 83.31
vs XTER:NTG: 172.24
Nabaltec AG's Days Inventory
increased
from Dec. 2022 (169.16) to Dec. 2023 (213.79).
It might indicate that Nabaltec AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Nabaltec AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.43.
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.
Nabaltec AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.10.
Nabaltec AG Days Inventory Historical Data
The historical data trend for Nabaltec 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.
Competitive Comparison of Nabaltec AG's Days Inventory
For the Specialty Chemicals subindustry, Nabaltec 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.
Nabaltec AG's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nabaltec AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nabaltec AG's Days Inventory falls into.
Nabaltec AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nabaltec AG's Days Inventory for the fiscal year that ended in Dec. 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.
Nabaltec AG (XTER:NTG) 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.
Nabaltec AG's Inventory Turnover for the
three
months ended in Dec. 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.
Nabaltec AG's Inventory to Revenue for the
three
months ended in Dec. 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.
Nabaltec AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Nabaltec AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.
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