Days Inventory is also known as Days Sales of Inventory (DSI). 2G Energy AG's Average Total Inventories for the
six
months ended in Dec. 2023 was €151.7 Mil. 2G Energy AG's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €150.6 Mil.
Hence, 2G Energy AG's Days Inventory for the
six
months ended in Dec. 2023 was 183.83.
The historical rank and industry rank for 2G Energy AG's Days Inventory or its related term are showing as below:
CHIX:2GBd'
s Days Inventory Range Over the Past 10 Years
Min: 133.3 Med: 186.31 Max: 228.17
Current: 228.17
During the past 13 years, 2G Energy AG's highest Days Inventory was 228.17. The lowest was 133.30. And the median was 186.31.
CHIX:2GBd's Days Inventory is ranked worse than 80.89% of 2910
companies
in the Industrial Products industry
Industry Median: 120.69
vs CHIX:2GBd: 228.17
2G Energy AG's Days Inventory
declined
from Dec. 2022 (191.33) to Dec. 2023 (183.83).
Inventory Turnover measures how fast the company turns over its inventory within a year.
2G Energy AG's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.99.
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.
2G Energy AG's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.66.
2G Energy AG Days Inventory Historical Data
The historical data trend for 2G Energy 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 2G Energy AG's Days Inventory
For the Specialty Industrial Machinery subindustry, 2G Energy 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.
2G Energy AG's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, 2G Energy AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where 2G Energy AG's Days Inventory falls into.
2G Energy AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
2G Energy AG's Days Inventory for the fiscal year that 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.
2G Energy AG (CHIX:2GBd) 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.
2G Energy AG's Inventory Turnover for the
six
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.
2G Energy AG's Inventory to Revenue for the
six
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.
2G Energy AG Days Inventory Related Terms
Thank you for viewing the detailed overview of 2G Energy AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.
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