Ideal Holdings (ATH:INTEK) Days Inventory : 67.59 (As of Jun. 2023)

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What is Ideal Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ideal Holdings's Average Total Inventories for the six months ended in Jun. 2023 was €21.65 Mil. Ideal Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was €58.45 Mil. Hence, Ideal Holdings's Days Inventory for the six months ended in Jun. 2023 was 67.59.

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

ATH:INTEK' s Days Inventory Range Over the Past 10 Years
Min: 62.54 Med: 77.49 Max: 135.18
Current: 135.18

During the past 5 years, Ideal Holdings's highest Days Inventory was 135.18. The lowest was 62.54. And the median was 77.49.

ATH:INTEK's Days Inventory is ranked worse than
63.77% of 2407 companies
in the Hardware industry
Industry Median: 101.86 vs ATH:INTEK: 135.18

Ideal Holdings's Days Inventory declined from Dec. 2021 (81.17) to Jun. 2023 (67.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ideal Holdings's Inventory Turnover for the six months ended in Jun. 2023 was 2.70.

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. Ideal Holdings's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.24.

Ideal Holdings Days Inventory Historical Data

The historical data trend for Ideal Holdings'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.

Ideal Holdings Days Inventory Chart

Ideal Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

97.98

86.33

77.49

66.78

62.54

Ideal Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Jun23
Days Inventory	Get a 7-Day Free Trial			-	27.86	81.17	74.42	67.59

Competitive Comparison of Ideal Holdings's Days Inventory

For the Electronics & Computer Distribution subindustry, Ideal Holdings'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.

Ideal Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ideal Holdings's Days Inventory distribution charts can be found below:

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

Ideal Holdings Days Inventory Calculation

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

Ideal Holdings's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (1.979	+	10.733)	/	2 )	/	37.095	*	365
=	6.356					/	37.095	*	365
=	62.54

Ideal Holdings'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: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (13.612	+	29.679)	/	2 )	/	58.446	*	365 / 2
=	21.6455					/	58.446	*	365 / 2
=	67.59

Ideal Holdings (ATH:INTEK) 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.

Ideal Holdings's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	58.446	/	21.6455
	=	2.70

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.

Ideal Holdings's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.6455	/	88.593
	=	0.24

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.

Ideal Holdings Days Inventory Related Terms

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

Ideal Holdings (ATH:INTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ideal Holdings SA (ATH:INTEK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Creon 25, Athens, GRC, 10442

Website

https://www.idealholdings.gr

Ideal Holdings SA is engaged in the distribution of white home appliances, IT products and distribution of specialized software products.

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