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Smartbroker Holding AG (LTS:0CDX) Days Inventory : 0.06 (As of Jun. 2023)


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What is Smartbroker Holding AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Smartbroker Holding AG's Average Total Inventories for the six months ended in Jun. 2023 was €0.00 Mil. Smartbroker Holding AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €8.43 Mil. Hence, Smartbroker Holding AG's Days Inventory for the six months ended in Jun. 2023 was 0.06.

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

LTS:0CDX' s Days Inventory Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 3.21
Current: 0.07

During the past 13 years, Smartbroker Holding AG's highest Days Inventory was 3.21. The lowest was 0.07. And the median was 0.20.

LTS:0CDX's Days Inventory is ranked better than
98.62% of 218 companies
in the Capital Markets industry
Industry Median: 61.3 vs LTS:0CDX: 0.07

Smartbroker Holding AG's Days Inventory declined from Jun. 2022 (0.07) to Jun. 2023 (0.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Smartbroker Holding AG's Inventory Turnover for the six months ended in Jun. 2023 was 2,809.33.

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. Smartbroker Holding AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.


Smartbroker Holding AG Days Inventory Historical Data

The historical data trend for Smartbroker Holding 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.

* Premium members only.

Smartbroker Holding AG Days Inventory Chart

Smartbroker Holding AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.21 0.30 0.10 0.07

Smartbroker Holding AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.10 0.07 0.08 0.06

Competitive Comparison of Smartbroker Holding AG's Days Inventory

For the Financial Data & Stock Exchanges subindustry, Smartbroker Holding 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.


Smartbroker Holding AG's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Smartbroker Holding AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Smartbroker Holding AG's Days Inventory falls into.



Smartbroker Holding AG Days Inventory Calculation

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

Smartbroker Holding AG'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
=( (0.004 + 0.003) / 2 ) / 18.667*365
=0.0035 / 18.667*365
=0.07

Smartbroker Holding AG'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
=( (0.003 + 0.003) / 2 ) / 8.428*365 / 2
=0.003 / 8.428*365 / 2
=0.06

* 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.


Smartbroker Holding AG  (LTS:0CDX) 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.

Smartbroker Holding AG'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.

Smartbroker Holding AG'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.


Smartbroker Holding AG Days Inventory Related Terms

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


Smartbroker Holding AG (LTS:0CDX) Business Description

Traded in Other Exchanges
Address
Ritterstrasse 11, Berlin, DEU, 10969
Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.

Smartbroker Holding AG (LTS:0CDX) Headlines

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