029 Group SE (XTER:Z29) Days Inventory : 0.00 (As of Dec. 2023)

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What is 029 Group SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 029 Group SE's Average Total Inventories for the six months ended in Dec. 2023 was €0.00 Mil. 029 Group SE's Cost of Goods Sold for the six months ended in Dec. 2023 was €0.05 Mil. Hence, 029 Group SE's Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for 029 Group SE's Days Inventory or its related term are showing as below:

XTER:Z29's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 76.77
* Ranked among companies with meaningful Days Inventory only.

029 Group SE's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

029 Group SE Days Inventory Historical Data

The historical data trend for 029 Group SE'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.

029 Group SE Days Inventory Chart

029 Group SE Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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029 Group SE Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of 029 Group SE's Days Inventory

For the Asset Management subindustry, 029 Group SE'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.

029 Group SE's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 029 Group SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where 029 Group SE's Days Inventory falls into.

029 Group SE Days Inventory Calculation

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

029 Group SE's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.096	*	365
=	0					/	0.096	*	365
=	0.00

029 Group SE's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.048	*	365 / 2
=	0					/	0.048	*	365 / 2
=	0.00

029 Group SE (XTER:Z29) 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.

029 Group SE's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.048	/	0
	=

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.

029 Group SE's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

029 Group SE Days Inventory Related Terms

Thank you for viewing the detailed overview of 029 Group SE's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

029 Group SE (XTER:Z29) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 029 Group SE (XTER:Z29) » Definitions » Days Inventory

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Traded in Other Exchanges

Z29:Germany

Address

Neue Schonhauserstr. 3-5, Berlin, DEU, 10178

Website

https://www.029-group.com/de

029 Group SE is a hospitality and lifestyle platform blending luxury, technology, and community to build and support category-defining brands aimed at making people's lives happier. The company investment is focused on two business sectors which are Hospitality and Lifestyle. The company operates in three segments Hospitality, Enabling Technologies, and Consumer Brands.

029 Group SE (XTER:Z29) Headlines

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