The historical rank and industry rank for Daimler Truck Holding AG's Days Inventory or its related term are showing as below:
WBO:DTG'
s Days Inventory Range Over the Past 10 Years
Min: 72.93 Med: 76.71 Max: 82.62
Current: 79.98
During the past 6 years, Daimler Truck Holding AG's highest Days Inventory was 82.62. The lowest was 72.93. And the median was 76.71.
WBO:DTG's Days Inventory is ranked better than 77.56% of 205
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.89
vs WBO:DTG: 79.98
Inventory Turnover measures how fast the company turns over its inventory within a year.
Daimler Truck Holding AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.21.
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.
Daimler Truck Holding AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.66.
Daimler Truck Holding AG Days Inventory Historical Data
* 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 Daimler Truck Holding AG's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Daimler Truck Holding 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.
Daimler Truck Holding AG's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Daimler Truck Holding AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Daimler Truck Holding AG's Days Inventory falls into.
Daimler Truck Holding AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Daimler Truck Holding 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.
Daimler Truck Holding AG (WBO:DTG) 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.
Daimler Truck Holding 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.
Daimler Truck Holding 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.
Daimler Truck Holding AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Daimler Truck Holding AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Daimler Truck Holding AG (WBO:DTG) Business Description
Daimler Truck Holding AG is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star. Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. It generates maximum revenue from the Trucks North America segment. The Trucks North America segment develops, manufactures and sells trucks under the Freightliner and Western Star brands in North America. The segment's product range also includes buses of Thomas Built Buses as well as bus chassis.
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