Days Inventory is also known as Days Sales of Inventory (DSI). Grammer AG's Average Total Inventories for the
three
months ended in Mar. 2024 was €182 Mil. Grammer AG's Cost of Goods Sold for the
three
months ended in Mar. 2024 was €502 Mil.
Hence, Grammer AG's Days Inventory for the
three
months ended in Mar. 2024 was 33.08.
The historical rank and industry rank for Grammer AG's Days Inventory or its related term are showing as below:
XTER:GMM'
s Days Inventory Range Over the Past 10 Years
Min: 33.22 Med: 35.63 Max: 39.55
Current: 33.22
During the past 13 years, Grammer AG's highest Days Inventory was 39.55. The lowest was 33.22. And the median was 35.63.
XTER:GMM's Days Inventory is ranked better than 89.59% of 1258
companies
in the Vehicles & Parts industry
Industry Median: 81.03
vs XTER:GMM: 33.22
Grammer AG's Days Inventory
declined
from Mar. 2023 (33.10) to Mar. 2024 (33.08).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grammer AG's Inventory Turnover for the
three
months ended in Mar. 2024 was 2.76.
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.
Grammer AG's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.33.
Grammer AG Days Inventory Historical Data
The historical data trend for Grammer 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.
Competitive Comparison of Grammer AG's Days Inventory
For the Auto Parts subindustry, Grammer 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.
Grammer AG's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Grammer AG's Days Inventory distribution charts can be found below:
* The bar in red indicates where Grammer AG's Days Inventory falls into.
Grammer AG Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Grammer AG's Days Inventory for the fiscal year that 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.
Grammer AG (XTER:GMM) 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.
Grammer AG'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.
Grammer AG'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.
Grammer AG Days Inventory Related Terms
Thank you for viewing the detailed overview of Grammer AG's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Grammer AG is a company that is engaged in developing and manufacturing components and systems for car interiors. It is active in producing auto parts including seats for heavy and off-road vehicles and cars. It manages its business in two segments namely Automotive and Commercial segments. The automotive division supplies interior components such as headrests. armrests and centre console and other spare parts. It also sells driver seats for offroad vehicles such as tractors, construction machinery and forklifts. The company operates its business globally. It earns the majority of its revenue from EMEA region followed by Americas and from APAC region as well.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:GMM has been successfully added to your 