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Traton SE (XTER:8TRA) Days Inventory : 76.90 (As of Mar. 2024)


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What is Traton SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Traton SE's Average Total Inventories for the three months ended in Mar. 2024 was €7,775 Mil. Traton SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €9,226 Mil. Hence, Traton SE's Days Inventory for the three months ended in Mar. 2024 was 76.90.

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

XTER:8TRA' s Days Inventory Range Over the Past 10 Years
Min: 65.45   Med: 76.6   Max: 88.12
Current: 73.68

During the past 6 years, Traton SE's highest Days Inventory was 88.12. The lowest was 65.45. And the median was 76.60.

XTER:8TRA's Days Inventory is ranked better than
81.37% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.7 vs XTER:8TRA: 73.68

Traton SE's Days Inventory increased from Mar. 2023 (70.88) to Mar. 2024 (76.90). It might indicate that Traton SE's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Traton SE's Inventory Turnover for the three months ended in Mar. 2024 was 1.19.

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. Traton SE's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Traton SE Days Inventory Historical Data

The historical data trend for Traton SE'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.

Traton SE Days Inventory Chart

Traton SE Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 82.17 88.12 71.03 65.45 67.77

Traton SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 70.88 72.49 77.69 67.91 76.90

Competitive Comparison of Traton SE's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Traton SE'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.


Traton SE's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Traton SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where Traton SE's Days Inventory falls into.



Traton SE Days Inventory Calculation

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

Traton SE'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
=( (6553 + 7422) / 2 ) / 37632*365
=6987.5 / 37632*365
=67.77

Traton SE's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (7422 + 8128) / 2 ) / 9226*365 / 4
=7775 / 9226*365 / 4
=76.90

* 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.


Traton SE  (XTER:8TRA) 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.

Traton SE's Inventory Turnover for the three months ended in Mar. 2024 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.

Traton SE's Inventory to Revenue for the three months ended in Mar. 2024 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.


Traton SE Days Inventory Related Terms

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


Traton SE (XTER:8TRA) Business Description

Traded in Other Exchanges
Address
Dachauer Strasse 641, Munich, BY, DEU, 80995
Traton SE is a commercial vehicle manufacturer. The group's product portfolio comprises trucks, buses, and light-duty commercial vehicles. "Transforming Transportation Together. For a sustainable world." - this intention underlines the company's ambition to have a lasting and sustainable impact on the commercial vehicle business and on the group's commercial growth.

Traton SE (XTER:8TRA) Headlines

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