Xometry (Xometry) Days Inventory : 2.42 (As of Dec. 2023)

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What is Xometry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xometry's Average Total Inventories for the three months ended in Dec. 2023 was $2.1 Mil. Xometry's Cost of Goods Sold for the three months ended in Dec. 2023 was $79.1 Mil. Hence, Xometry's Days Inventory for the three months ended in Dec. 2023 was 2.42.

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

XMTR' s Days Inventory Range Over the Past 10 Years
Min: 2.19 Med: 4.9 Max: 7.32
Current: 2.19

During the past 5 years, Xometry's highest Days Inventory was 7.32. The lowest was 2.19. And the median was 4.90.

XMTR's Days Inventory is ranked better than
99.66% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs XMTR: 2.19

Xometry's Days Inventory declined from Dec. 2022 (5.17) to Dec. 2023 (2.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xometry's Inventory Turnover for the three months ended in Dec. 2023 was 37.70.

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. Xometry's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Xometry Days Inventory Historical Data

The historical data trend for Xometry'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.

Xometry Days Inventory Chart

Xometry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

7.32

6.09

4.90

2.80

2.85

Xometry Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial												5.17	2.09	1.88	1.66	2.42

Competitive Comparison of Xometry's Days Inventory

For the Specialty Industrial Machinery subindustry, Xometry'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.

Xometry's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xometry's Days Inventory distribution charts can be found below:

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

Xometry Days Inventory Calculation

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

Xometry'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
=	( (1.571	+	2.885)	/	2 )	/	285.147	*	365
=	2.228					/	285.147	*	365
=	2.85

Xometry'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1.309	+	2.885)	/	2 )	/	79.06	*	365 / 4
=	2.097					/	79.06	*	365 / 4
=	2.42

Xometry (NAS:XMTR) 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.

Xometry's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	79.06	/	2.097
	=	37.70

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.

Xometry's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.097	/	128.145
	=	0.02

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.

Xometry Days Inventory Related Terms

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

Xometry (Xometry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xometry Inc (NAS:XMTR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

0N5:Germany

Address

6116 Executive Boulevard, Suite 800, North Bethesda, MD, USA, 20855

Website

https://www.xometry.com

Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting. The company is organized into two segments referred to as: (1) the U.S. and (2) International. The majority of the revenue is earned from the U.S. segment.

Executives

James M Rallo	officer: Chief Financial Officer	C/O LIQUIDITY SERVICES INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Matthew Leibel	officer: Chief Technology Officer	7529 STANDISH PLACE, SUITE 200, CO XOMETRY, INC., DERWOOD MD 20855
Bill Cronin	officer: Chief Revenue Officer	180 CONCORD DRIVE, MADISON CT 06824
Emily Rollins	director	C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Peter Goguen	officer: Chief Operating Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
George Hornig	director	C/O CREDIT SUISSE FIRST BOSTON PRIVATE, 11 MADISON AVE, NEW YORK NY 10010
Katharine Weymouth	director	1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Randolph Altschuler	director, officer: Chief Executive Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Laurence Zuriff	director, officer: Chief Strategy Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Kathy Mayerhofer	officer: Chief Sales Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD CA 20855
Highland Leaders Fund I, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, Llc	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9 Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9-b Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142