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Zardoya Otis (XMAD:ZOT) Days Inventory : 42.06 (As of Nov. 2021)


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What is Zardoya Otis Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zardoya Otis's Average Total Inventories for the three months ended in Nov. 2021 was €29.6 Mil. Zardoya Otis's Cost of Goods Sold for the three months ended in Nov. 2021 was €64.2 Mil. Hence, Zardoya Otis's Days Inventory for the three months ended in Nov. 2021 was 42.06.

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

XMAD:ZOT's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.1
* Ranked among companies with meaningful Days Inventory only.

Zardoya Otis's Days Inventory increased from Nov. 2020 (40.97) to Nov. 2021 (42.06). It might indicate that Zardoya Otis's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zardoya Otis's Inventory Turnover for the three months ended in Nov. 2021 was 2.17.

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. Zardoya Otis's Inventory-to-Revenue for the three months ended in Nov. 2021 was 0.15.


Zardoya Otis Days Inventory Historical Data

The historical data trend for Zardoya Otis'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.

Zardoya Otis Days Inventory Chart

Zardoya Otis Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.53 46.20 37.65 38.72 39.93

Zardoya Otis Quarterly Data
Nov15 May16 Nov16 May17 Nov17 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 40.97 41.51 37.31 38.02 42.06

Competitive Comparison of Zardoya Otis's Days Inventory

For the Specialty Industrial Machinery subindustry, Zardoya Otis'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.


Zardoya Otis's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zardoya Otis's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zardoya Otis's Days Inventory falls into.



Zardoya Otis Days Inventory Calculation

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

Zardoya Otis's Days Inventory for the fiscal year that ended in Nov. 2021 is calculated as

Days Inventory (A: Nov. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2020 ) + Total Inventories (A: Nov. 2021 )) / count ) / Cost of Goods Sold (A: Nov. 2021 )*Days in Period
=( (29.479 + 29.598) / 2 ) / 270.016*365
=29.5385 / 270.016*365
=39.93

Zardoya Otis's Days Inventory for the quarter that ended in Nov. 2021 is calculated as:

Days Inventory (Q: Nov. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2021 ) + Total Inventories (Q: Nov. 2021 )) / count ) / Cost of Goods Sold (Q: Nov. 2021 )*Days in Period
=( (0 + 29.598) / 1 ) / 64.216*365 / 4
=29.598 / 64.216*365 / 4
=42.06

* 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.


Zardoya Otis  (XMAD:ZOT) 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.

Zardoya Otis's Inventory Turnover for the three months ended in Nov. 2021 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.

Zardoya Otis's Inventory to Revenue for the three months ended in Nov. 2021 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.


Zardoya Otis Days Inventory Related Terms

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


Zardoya Otis (XMAD:ZOT) Business Description

Traded in Other Exchanges
N/A
Address
C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033
Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

Zardoya Otis (XMAD:ZOT) Headlines

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