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Montana Aerospace AG (XSWX:AERO) Days Inventory : 127.38 (As of Dec. 2023)


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What is Montana Aerospace AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Montana Aerospace AG's Average Total Inventories for the three months ended in Dec. 2023 was CHF322 Mil. Montana Aerospace AG's Cost of Goods Sold for the three months ended in Dec. 2023 was CHF231 Mil. Hence, Montana Aerospace AG's Days Inventory for the three months ended in Dec. 2023 was 127.38.

The historical rank and industry rank for Montana Aerospace AG's Days Inventory or its related term are showing as below:

XSWX:AERO' s Days Inventory Range Over the Past 10 Years
Min: 107.88   Med: 136.06   Max: 177.67
Current: 138.13

During the past 6 years, Montana Aerospace AG's highest Days Inventory was 177.67. The lowest was 107.88. And the median was 136.06.

XSWX:AERO's Days Inventory is ranked better than
51.39% of 288 companies
in the Aerospace & Defense industry
Industry Median: 139.24 vs XSWX:AERO: 138.13

Montana Aerospace AG's Days Inventory declined from Dec. 2022 (133.39) to Dec. 2023 (127.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Montana Aerospace AG's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Montana Aerospace AG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.88.


Montana Aerospace AG Days Inventory Historical Data

The historical data trend for Montana Aerospace AG'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.

Montana Aerospace AG Days Inventory Chart

Montana Aerospace AG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 134.80 177.67 157.48 128.94 137.31

Montana Aerospace AG Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 133.39 136.06 146.78 148.27 127.38

Competitive Comparison of Montana Aerospace AG's Days Inventory

For the Aerospace & Defense subindustry, Montana Aerospace AG'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.


Montana Aerospace AG's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Montana Aerospace AG's Days Inventory falls into.



Montana Aerospace AG Days Inventory Calculation

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

Montana Aerospace AG'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
=( (315.809 + 312.535) / 2 ) / 835.125*365
=314.172 / 835.125*365
=137.31

Montana Aerospace AG'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (332.334 + 312.535) / 2 ) / 230.986*365 / 4
=322.4345 / 230.986*365 / 4
=127.38

* 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.


Montana Aerospace AG  (XSWX:AERO) 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.

Montana Aerospace AG's Inventory Turnover for the three 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.

Montana Aerospace AG's Inventory to Revenue for the three 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.


Montana Aerospace AG Days Inventory Related Terms

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


Montana Aerospace AG (XSWX:AERO) Business Description

Traded in Other Exchanges
Address
Alte Aarauerstrasse 11, Reinach, CHE, 5734
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures and customized assemblies as well as semi-finished products for specialized applications in a wide array of end-markets. The company has three business segments namely aerostructures, e-mobility and energy. It has its geographic presence in Germany, USA, UK, Poland, Russia and Others.

Montana Aerospace AG (XSWX:AERO) Headlines

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