Days Inventory is also known as Days Sales of Inventory (DSI). Signify NV's Average Total Inventories for the
three
months ended in Mar. 2024 was €1,057 Mil. Signify NV's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €886 Mil.
Hence, Signify NV's Days Inventory for the
three
months ended in Mar. 2024 was 108.86.
The historical rank and industry rank for Signify NV's Days Inventory or its related term are showing as below:
XAMS:LIGHT'
s Days Inventory Range Over the Past 10 Years
Min: 75.28 Med: 80.66 Max: 110.38
Current: 110.38
During the past 12 years, Signify NV's highest Days Inventory was 110.38. The lowest was 75.28. And the median was 80.66.
XAMS:LIGHT's Days Inventory is ranked better than 55.15% of 2910
companies
in the Industrial Products industry
Industry Median: 120.125
vs XAMS:LIGHT: 110.38
Signify NV's Days Inventory
declined
from Mar. 2023 (114.72) to Mar. 2024 (108.86).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Signify NV's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.84.
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.
Signify NV's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.72.
Signify NV Days Inventory Historical Data
The historical data trend for Signify NV'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 Signify NV's Days Inventory
For the Electrical Equipment & Parts subindustry, Signify NV'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.
Signify NV's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Signify NV's Days Inventory distribution charts can be found below:
* The bar in red indicates where Signify NV's Days Inventory falls into.
Signify NV Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Signify NV'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.
Signify NV (XAMS:LIGHT) 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.
Signify NV's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Signify NV's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Signify NV Days Inventory Related Terms
Thank you for viewing the detailed overview of Signify NV's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Signify NV is a Netherlands-based firm that provides lighting solutions. The company's product portfolio includes luminaires, lamps, light-emitting diode (LED) lamps, LED tubes, and decorative lighting. Its product application is very broad-based as it is used in almost every industry. The operating segments are Digital Solutions, Digital Products, and Conventional Products. The firm generates of its revenues from its Digital Solutions segment and operates mainly in Europe, the Americas, as well as other international markets.
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