Arteche Lantegi Elekartea (XMAD:ART) Days Inventory : 134.59 (As of Dec. 2023)

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What is Arteche Lantegi Elekartea Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arteche Lantegi Elekartea's Average Total Inventories for the six months ended in Dec. 2023 was €83.7 Mil. Arteche Lantegi Elekartea's Cost of Goods Sold for the six months ended in Dec. 2023 was €113.5 Mil. Hence, Arteche Lantegi Elekartea's Days Inventory for the six months ended in Dec. 2023 was 134.59.

The historical rank and industry rank for Arteche Lantegi Elekartea's Days Inventory or its related term are showing as below:

XMAD:ART' s Days Inventory Range Over the Past 10 Years
Min: 126.83 Med: 133.12 Max: 153.85
Current: 137.94

During the past 5 years, Arteche Lantegi Elekartea's highest Days Inventory was 153.85. The lowest was 126.83. And the median was 133.12.

XMAD:ART's Days Inventory is ranked worse than
64.51% of 2409 companies
in the Hardware industry
Industry Median: 102.28 vs XMAD:ART: 137.94

Arteche Lantegi Elekartea's Days Inventory increased from Dec. 2022 (126.86) to Dec. 2023 (134.59). It might indicate that Arteche Lantegi Elekartea's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arteche Lantegi Elekartea's Inventory Turnover for the six months ended in Dec. 2023 was 1.36.

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. Arteche Lantegi Elekartea's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.39.

Arteche Lantegi Elekartea Days Inventory Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea Days Inventory Chart

Arteche Lantegi Elekartea Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

153.85

138.72

133.12

126.83

132.00

Arteche Lantegi Elekartea Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial				126.55	142.07	126.86	148.31	134.59

Competitive Comparison of Arteche Lantegi Elekartea's Days Inventory

For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arteche Lantegi Elekartea's Days Inventory falls into.

Arteche Lantegi Elekartea Days Inventory Calculation

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

Arteche Lantegi Elekartea's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (71.22	+	81.004)	/	2 )	/	210.463	*	365
=	76.112					/	210.463	*	365
=	132.00

Arteche Lantegi Elekartea's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (86.391	+	81.004)	/	2 )	/	113.492	*	365 / 2
=	83.6975					/	113.492	*	365 / 2
=	134.59

Arteche Lantegi Elekartea (XMAD:ART) 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.

Arteche Lantegi Elekartea's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	113.492	/	83.6975
	=	1.36

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.

Arteche Lantegi Elekartea's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	83.6975	/	213.21
	=	0.39

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.

Arteche Lantegi Elekartea Days Inventory Related Terms

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

Arteche Lantegi Elekartea (XMAD:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arteche Lantegi Elekartea SA (XMAD:ART) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Derio Bidea 28, Bizkaia, Mungia, ESP, 48100

Website

https://www.arteche.com

Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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