CIE Automotive (XMAD:CIE) Days Inventory : 0.00 (As of Dec. 2023)

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What is CIE Automotive Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CIE Automotive's Average Total Inventories for the six months ended in Dec. 2023 was €462 Mil. CIE Automotive's Cost of Goods Sold for the six months ended in Dec. 2023 was €0 Mil.

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

XMAD:CIE' s Days Inventory Range Over the Past 10 Years
Min: 65.82 Med: 68.95 Max: 83.16
Current: 67.93

During the past 13 years, CIE Automotive's highest Days Inventory was 83.16. The lowest was 65.82. And the median was 68.95.

XMAD:CIE's Days Inventory is ranked better than
60.05% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 81.38 vs XMAD:CIE: 67.93

CIE Automotive's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. CIE Automotive's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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.

CIE Automotive Days Inventory Historical Data

The historical data trend for CIE Automotive'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.

CIE Automotive Days Inventory Chart

CIE Automotive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

68.81

78.15

76.43

69.08

67.93

CIE Automotive Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															79.44	74.52	-	-	-

Competitive Comparison of CIE Automotive's Days Inventory

For the Auto Parts subindustry, CIE Automotive'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.

CIE Automotive's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CIE Automotive's Days Inventory distribution charts can be found below:

* The bar in red indicates where CIE Automotive's Days Inventory falls into.

CIE Automotive Days Inventory Calculation

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

CIE Automotive'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
=	( (482.839	+	447.491)	/	2 )	/	2499.257	*	365
=	465.165					/	2499.257	*	365
=	67.93

CIE Automotive'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
=	( (476.805	+	447.491)	/	2 )	/	0	*	365 / 2
=	462.148					/	0	*	365 / 2
=	N/A

CIE Automotive (XMAD:CIE) 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.

CIE Automotive's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	462.148
	=	0.00

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.

CIE Automotive's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	462.148	/	0
	=

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.

CIE Automotive Days Inventory Related Terms

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

CIE Automotive (XMAD:CIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CIE Automotive SA (XMAD:CIE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Alameda Mazarredo 69, Vizcaya, 8th floo, Bilbao, ESP, 48009

Website

http://www.cieautomotive.com

CIE Automotive SA is a supplier of components and subassemblies for the automotive market. Cie Automotive produces components for engines, gearboxes, transmissions, chassis, interior and exterior trims, and roof systems. The company's clients include Renault, Magna, Chrysler, Daimler, Schaeffler, Ford, Nexteer, Volkswagen, and Faurecia. Next to its core automotive business, Cie Automotive operates a process improvement service through a subsidiary. The majority of revenue and operating profits are generated in Cie Automotive's core segment automotive components. Geographically, Europe and NAFTA are the largest sources of operating profits for the company.

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