GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MS Industrie AG (XTER:MSAG) » Definitions » Days Inventory

MS Industrie AG (XTER:MSAG) Days Inventory : 118.46 (As of Jun. 2023)


View and export this data going back to 2001. Start your Free Trial

What is MS Industrie AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MS Industrie AG's Average Total Inventories for the six months ended in Jun. 2023 was €41.9 Mil. MS Industrie AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €64.5 Mil. Hence, MS Industrie AG's Days Inventory for the six months ended in Jun. 2023 was 118.46.

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

XTER:MSAG' s Days Inventory Range Over the Past 10 Years
Min: 75.36   Med: 105.32   Max: 144.5
Current: 116.14

During the past 13 years, MS Industrie AG's highest Days Inventory was 144.50. The lowest was 75.36. And the median was 105.32.

XTER:MSAG's Days Inventory is ranked worse than
72.08% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.53 vs XTER:MSAG: 116.14

MS Industrie AG's Days Inventory declined from Jun. 2022 (141.54) to Jun. 2023 (118.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. MS Industrie AG's Inventory Turnover for the six months ended in Jun. 2023 was 1.54.

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. MS Industrie AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.33.


MS Industrie AG Days Inventory Historical Data

The historical data trend for MS Industrie 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.

MS Industrie AG Days Inventory Chart

MS Industrie 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 95.67 118.19 144.50 138.65 119.74

MS Industrie 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 139.85 141.21 141.54 112.10 118.46

Competitive Comparison of MS Industrie AG's Days Inventory

For the Auto Parts subindustry, MS Industrie 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.


MS Industrie AG's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MS Industrie AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where MS Industrie AG's Days Inventory falls into.



MS Industrie AG Days Inventory Calculation

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

MS Industrie 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
=( (35.157 + 40.233) / 2 ) / 114.908*365
=37.695 / 114.908*365
=119.74

MS Industrie 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
=( (40.233 + 43.518) / 2 ) / 64.515*365 / 2
=41.8755 / 64.515*365 / 2
=118.46

* 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.


MS Industrie AG  (XTER:MSAG) 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.

MS Industrie 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.

MS Industrie 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.


MS Industrie AG Days Inventory Related Terms

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


MS Industrie AG (XTER:MSAG) Business Description

Traded in Other Exchanges
Address
Brienner Street 7, Munich, DEU, 80333
MS Industrie AG is a business consulting and investment holding company. Its segments include Powertrain technology, Ultrasonic technology, Services, and others. The company focuses its investment in automotive and motor engineering (Diesel and electrical engines), and welding engineering sectors (mechanical engineering and packaging systems).

MS Industrie AG (XTER:MSAG) Headlines

No Headlines