Days Inventory is also known as Days Sales of Inventory (DSI). Aurubis AG's Average Total Inventories for the
three
months ended in Dec. 2023 was €3,545 Mil. Aurubis AG's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €3,566 Mil.
Hence, Aurubis AG's Days Inventory for the
three
months ended in Dec. 2023 was 90.70.
The historical rank and industry rank for Aurubis AG's Days Inventory or its related term are showing as below:
XTER:NDA'
s Days Inventory Range Over the Past 10 Years
Min: 60.48 Med: 67.95 Max: 88.07
Current: 88.07
During the past 13 years, Aurubis AG's highest Days Inventory was 88.07. The lowest was 60.48. And the median was 67.95.
XTER:NDA's Days Inventory is ranked better than 68.4% of 2905
companies
in the Industrial Products industry
Industry Median: 119.85
vs XTER:NDA: 88.07
Aurubis AG's Days Inventory
increased
from Dec. 2022 (88.78) to Dec. 2023 (90.70).
It might indicate that Aurubis AG's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Aurubis AG's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.01.
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.
Aurubis AG's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.90.
Aurubis AG Days Inventory Historical Data
The historical data trend for Aurubis 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 Aurubis AG's Days Inventory
For the Metal Fabrication subindustry, Aurubis 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.
Aurubis AG's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Aurubis AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Aurubis AG's Days Inventory falls into.
Aurubis AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Aurubis AG's Days Inventory for the fiscal year that ended in Sep. 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.
Aurubis AG (XTER:NDA) 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.
Aurubis 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.
Aurubis 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.
Aurubis AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Aurubis AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:NDA has been successfully added to your 