GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Meier Tobler Group AG (XSWX:MTG) » Definitions » Days Inventory

Meier Tobler Group AG (XSWX:MTG) Days Inventory : 100.73 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Meier Tobler Group AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Meier Tobler Group AG's Average Total Inventories for the six months ended in Dec. 2023 was CHF76.7 Mil. Meier Tobler Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF139.0 Mil. Hence, Meier Tobler Group AG's Days Inventory for the six months ended in Dec. 2023 was 100.73.

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

XSWX:MTG' s Days Inventory Range Over the Past 10 Years
Min: 69.09   Med: 87.29   Max: 185.16
Current: 97.67

During the past 13 years, Meier Tobler Group AG's highest Days Inventory was 185.16. The lowest was 69.09. And the median was 87.29.

XSWX:MTG's Days Inventory is ranked better than
62.78% of 2910 companies
in the Industrial Products industry
Industry Median: 120.69 vs XSWX:MTG: 97.67

Meier Tobler Group AG's Days Inventory increased from Dec. 2022 (83.91) to Dec. 2023 (100.73). It might indicate that Meier Tobler Group AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meier Tobler Group AG's Inventory Turnover for the six months ended in Dec. 2023 was 1.81.

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. Meier Tobler Group AG's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.28.


Meier Tobler Group AG Days Inventory Historical Data

The historical data trend for Meier Tobler Group 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.

Meier Tobler Group AG Days Inventory Chart

Meier Tobler Group AG 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 88.20 86.18 84.69 86.38 94.80

Meier Tobler Group AG 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 84.97 96.48 83.91 97.53 100.73

Competitive Comparison of Meier Tobler Group AG's Days Inventory

For the Specialty Industrial Machinery subindustry, Meier Tobler Group 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.


Meier Tobler Group AG's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Meier Tobler Group AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Meier Tobler Group AG's Days Inventory falls into.



Meier Tobler Group AG Days Inventory Calculation

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

Meier Tobler Group 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
=( (74.414 + 73.066) / 2 ) / 283.921*365
=73.74 / 283.921*365
=94.80

Meier Tobler Group 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (80.433 + 73.066) / 2 ) / 139.046*365 / 2
=76.7495 / 139.046*365 / 2
=100.73

* 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.


Meier Tobler Group AG  (XSWX:MTG) 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.

Meier Tobler Group AG'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.

Meier Tobler Group AG'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.


Meier Tobler Group AG Days Inventory Related Terms

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


Meier Tobler Group AG (XSWX:MTG) Business Description

Traded in Other Exchanges
Address
Feldstrasse 11, Nebikon, CHE, 6244
Meier Tobler Group AG is a Switzerland based company. Along with its subsidiaries, it is a wholesale and manufacturing technology group with a core focus on manufacturing and climate technology. The firm provides consultancy services and systems for building service planners, installers, architects and builders. Its products include heat pumps, chillers, dry coolers, air heaters, chilled beams, water heater, sewage systems, floor and underfloor convectors, among others. It also offers heating, ventilation, and air services and maintenance.