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Groupe Okwind (FRA:4QX) Days Inventory : 58.99 (As of Jun. 2023)


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What is Groupe Okwind Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Groupe Okwind's Average Total Inventories for the six months ended in Jun. 2023 was €6.58 Mil. Groupe Okwind's Cost of Goods Sold for the six months ended in Jun. 2023 was €20.36 Mil. Hence, Groupe Okwind's Days Inventory for the six months ended in Jun. 2023 was 58.99.

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

FRA:4QX' s Days Inventory Range Over the Past 10 Years
Min: 63.23   Med: 69.49   Max: 83.13
Current: 71.08

During the past 4 years, Groupe Okwind's highest Days Inventory was 83.13. The lowest was 63.23. And the median was 69.49.

FRA:4QX's Days Inventory is ranked worse than
72.95% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14 vs FRA:4QX: 71.08

Groupe Okwind's Days Inventory increased from Jun. 2022 (45.92) to Jun. 2023 (58.99). It might indicate that Groupe Okwind's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Groupe Okwind's Inventory Turnover for the six months ended in Jun. 2023 was 3.09.

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. Groupe Okwind's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.18.


Groupe Okwind Days Inventory Historical Data

The historical data trend for Groupe Okwind'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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Groupe Okwind Days Inventory Chart

Groupe Okwind Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Inventory
- 83.13 69.49 63.23

Groupe Okwind Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Days Inventory - - 45.92 72.31 58.99

Competitive Comparison of Groupe Okwind's Days Inventory

For the Utilities - Renewable subindustry, Groupe Okwind'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.


Groupe Okwind's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Groupe Okwind's Days Inventory distribution charts can be found below:

* The bar in red indicates where Groupe Okwind's Days Inventory falls into.



Groupe Okwind Days Inventory Calculation

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

Groupe Okwind'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
=( (1.775 + 5.323) / 2 ) / 20.488*365
=3.549 / 20.488*365
=63.23

Groupe Okwind'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
=( (5.323 + 7.84) / 2 ) / 20.363*365 / 2
=6.5815 / 20.363*365 / 2
=58.99

* 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.


Groupe Okwind  (FRA:4QX) 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.

Groupe Okwind'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.

Groupe Okwind'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.


Groupe Okwind Days Inventory Related Terms

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


Groupe Okwind (FRA:4QX) Business Description

Traded in Other Exchanges
Address
Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA
Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (FRA:4QX) Headlines

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