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Plastic Omnium (XPAR:POM) Days Inventory : 37.93 (As of Dec. 2023)


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What is Plastic Omnium Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Plastic Omnium's Average Total Inventories for the six months ended in Dec. 2023 was €926 Mil. Plastic Omnium's Cost of Goods Sold for the six months ended in Dec. 2023 was €4,453 Mil. Hence, Plastic Omnium's Days Inventory for the six months ended in Dec. 2023 was 37.93.

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

XPAR:POM' s Days Inventory Range Over the Past 10 Years
Min: 27.1   Med: 34.9   Max: 39.52
Current: 35.83

During the past 13 years, Plastic Omnium's highest Days Inventory was 39.52. The lowest was 27.10. And the median was 34.90.

XPAR:POM's Days Inventory is ranked better than
87.84% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.03 vs XPAR:POM: 35.83

Plastic Omnium's Days Inventory increased from Dec. 2022 (34.77) to Dec. 2023 (37.93). It might indicate that Plastic Omnium's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Plastic Omnium's Inventory Turnover for the six months ended in Dec. 2023 was 4.81.

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. Plastic Omnium's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.18.


Plastic Omnium Days Inventory Historical Data

The historical data trend for Plastic Omnium'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.

Plastic Omnium Days Inventory Chart

Plastic Omnium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.06 39.52 36.90 35.83 35.93

Plastic Omnium 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 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 40.95 35.47 34.77 33.74 37.93

Competitive Comparison of Plastic Omnium's Days Inventory

For the Auto Parts subindustry, Plastic Omnium'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.


Plastic Omnium's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Plastic Omnium's Days Inventory falls into.



Plastic Omnium Days Inventory Calculation

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

Plastic Omnium'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
=( (850.549 + 955.78) / 2 ) / 9175.192*365
=903.1645 / 9175.192*365
=35.93

Plastic Omnium'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
=( (895.357 + 955.78) / 2 ) / 4452.874*365 / 2
=925.5685 / 4452.874*365 / 2
=37.93

* 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.


Plastic Omnium  (XPAR:POM) 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.

Plastic Omnium'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.

Plastic Omnium'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.


Plastic Omnium Days Inventory Related Terms

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


Plastic Omnium (XPAR:POM) Business Description

Traded in Other Exchanges
Address
1, Allee Pierre-Burelle, Levallois-Perret, Paris, FRA, 92300
Plastic Omnium is a producer and supplier of automotive body parts and fuel systems. The company operates two business segments: Plastic Omnium Industries and Plastic Omnium Modules. The Industries division manufactures and sells automotive body parts, such as bumpers and tailgates, and fuel systems, including clean energy systems, exclusively to carmakers. The Modules division includes front-end modules assembly and logistics. The company owns a controlling stake in HBPO, which develops and distributes complex automotive technological elements. The company operates in Europe, North America, Asia, South America, and Africa, with carmakers as its main clients. Plastic Omnium generates the majority of its revenue in Europe and North America.