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Montagne et Neige DeveloppementCA (XPAR:ALMND) Days Inventory : 206.53 (As of Dec. 2023)


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What is Montagne et Neige DeveloppementCA Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Montagne et Neige DeveloppementCA's Average Total Inventories for the six months ended in Dec. 2023 was €19.89 Mil. Montagne et Neige DeveloppementCA's Cost of Goods Sold for the six months ended in Dec. 2023 was €17.58 Mil. Hence, Montagne et Neige DeveloppementCA's Days Inventory for the six months ended in Dec. 2023 was 206.53.

The historical rank and industry rank for Montagne et Neige DeveloppementCA's Days Inventory or its related term are showing as below:

XPAR:ALMND' s Days Inventory Range Over the Past 10 Years
Min: 156.68   Med: 200.5   Max: 269.49
Current: 173.8

During the past 11 years, Montagne et Neige DeveloppementCA's highest Days Inventory was 269.49. The lowest was 156.68. And the median was 200.50.

XPAR:ALMND's Days Inventory is ranked worse than
83.16% of 671 companies
in the Travel & Leisure industry
Industry Median: 35.27 vs XPAR:ALMND: 173.80

Montagne et Neige DeveloppementCA's Days Inventory increased from Dec. 2022 (136.95) to Dec. 2023 (206.53). It might indicate that Montagne et Neige DeveloppementCA's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Montagne et Neige DeveloppementCA's Inventory Turnover for the six months ended in Dec. 2023 was 0.88.

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. Montagne et Neige DeveloppementCA's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.66.


Montagne et Neige DeveloppementCA Days Inventory Historical Data

The historical data trend for Montagne et Neige DeveloppementCA'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.

Montagne et Neige DeveloppementCA Days Inventory Chart

Montagne et Neige DeveloppementCA Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.84 168.00 212.24 269.49 185.18

Montagne et Neige DeveloppementCA Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 160.14 205.64 136.95 149.52 206.53

Competitive Comparison of Montagne et Neige DeveloppementCA's Days Inventory

For the Leisure subindustry, Montagne et Neige DeveloppementCA'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.


Montagne et Neige DeveloppementCA's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Montagne et Neige DeveloppementCA's Days Inventory distribution charts can be found below:

* The bar in red indicates where Montagne et Neige DeveloppementCA's Days Inventory falls into.



Montagne et Neige DeveloppementCA Days Inventory Calculation

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

Montagne et Neige DeveloppementCA's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

Days Inventory (A: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Cost of Goods Sold (A: Jun. 2022 )*Days in Period
=( (21.507 + 24.707) / 2 ) / 45.545*365
=23.107 / 45.545*365
=185.18

Montagne et Neige DeveloppementCA'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
=( (20.287 + 19.5) / 2 ) / 17.579*365 / 2
=19.8935 / 17.579*365 / 2
=206.53

* 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.


Montagne et Neige DeveloppementCA  (XPAR:ALMND) 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.

Montagne et Neige DeveloppementCA's Inventory Turnover for the six months ended in Dec. 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.

Montagne et Neige DeveloppementCA's Inventory to Revenue for the six months 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.


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.


Montagne et Neige DeveloppementCA Days Inventory Related Terms

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


Montagne et Neige DeveloppementCA (XPAR:ALMND) Business Description

Traded in Other Exchanges
Address
Parc d'Activités ALPESPACE, 74 Voie Magellan, Sainte-Hélène-du-Lac, FRA, 73800
Montagne et Neige Developpement SACA designs and builds solutions to facilitate travel in the mountain areas. The group deals in ropeways, snowmaking tools, leisure activities and equipment, safety systems, among others.

Montagne et Neige DeveloppementCA (XPAR:ALMND) Headlines

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