Vitesco Technologies Group AG (XTER:VTSC) Days Inventory : 42.55 (As of Dec. 2023)

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What is Vitesco Technologies Group AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vitesco Technologies Group AG's Average Total Inventories for the three months ended in Dec. 2023 was €879 Mil. Vitesco Technologies Group AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,886 Mil. Hence, Vitesco Technologies Group AG's Days Inventory for the three months ended in Dec. 2023 was 42.55.

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

XTER:VTSC' s Days Inventory Range Over the Past 10 Years
Min: 28.74 Med: 32.75 Max: 41.73
Current: 41.73

During the past 6 years, Vitesco Technologies Group AG's highest Days Inventory was 41.73. The lowest was 28.74. And the median was 32.75.

XTER:VTSC's Days Inventory is ranked better than
82.95% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.83 vs XTER:VTSC: 41.73

Vitesco Technologies Group AG's Days Inventory increased from Dec. 2022 (39.71) to Dec. 2023 (42.55). It might indicate that Vitesco Technologies Group AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vitesco Technologies Group AG's Inventory Turnover for the three months ended in Dec. 2023 was 2.14.

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. Vitesco Technologies Group AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.39.

Vitesco Technologies Group AG Days Inventory Historical Data

The historical data trend for Vitesco Technologies Group 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.

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Vitesco Technologies Group AG Days Inventory Chart

Vitesco Technologies Group AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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28.74

30.96

34.53

37.66

38.56

Vitesco Technologies Group AG Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial												39.71	40.97	41.73	45.02	42.55

Competitive Comparison of Vitesco Technologies Group AG's Days Inventory

For the Auto Parts subindustry, Vitesco Technologies Group 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.

Vitesco Technologies Group AG's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Vitesco Technologies Group AG's Days Inventory falls into.

Vitesco Technologies Group AG Days Inventory Calculation

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

Vitesco Technologies Group AG'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
=	( (827.2	+	825.1)	/	2 )	/	7820.9	*	365
=	826.15					/	7820.9	*	365
=	38.56

Vitesco Technologies Group AG'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
=	( (933.6	+	825.1)	/	2 )	/	1885.8	*	365 / 4
=	879.35					/	1885.8	*	365 / 4
=	42.55

Vitesco Technologies Group AG (XTER:VTSC) 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.

Vitesco Technologies Group AG's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1885.8	/	879.35
	=	2.14

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.

Vitesco Technologies Group AG's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	879.35	/	2278
	=	0.39

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.

Vitesco Technologies Group AG Days Inventory Related Terms

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

Vitesco Technologies Group AG (XTER:VTSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vitesco Technologies Group AG (XTER:VTSC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VTSCF:USA VTSCY:USA 0AAF:UK VTS:Germany VTS:Germany VTSC:Germany VTSC:Austria

Address

Siemensstrase 12, Regensburg, BY, DEU, 93055

Website

https://www.vitesco-technologies.com

Vitesco is a global Tier I automotive supplier of internal combustion engine, hybrid electric, battery electric, and fuel cell electric vehicle powertrain components and systems, operating through four segments: electrification technology, electronic controls, sensing and actuation, and contract manufacturing. The company was spun off from Continental in September 2021. ICE powertrain products include electronic controls, sensors, actuators, turbochargers, hydraulic components, pumps, and emissions technologies. HEV, BEV, and FCEV products include battery management systems, on-board chargers, battery junction boxes, e-motors, inverters, converters, thermal control, electronic control units, pumps, flow control valves, sensors, and actuators.

Executives

Ingo Holstein	Board of Directors
Werner Volz	Board of Directors
Andreas Wolf	Board of Directors
Klaus Hau	Board of Directors
Thomas Stierle	Board of Directors
Prof. Dr. Hans-jörg Bullinger	Supervisory Board
Joachim Hirsch	Supervisory Board
Prof. Siegfried Wolf	Supervisory Board

Vitesco Technologies Group AG (XTER:VTSC) Headlines

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