Days Inventory is also known as Days Sales of Inventory (DSI). Sixt SE's Average Total Inventories for the
three
months ended in Dec. 2023 was €4,795 Mil. Sixt SE's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €199 Mil.
Hence, Sixt SE's Days Inventory for the
three
months ended in Dec. 2023 was 2,201.33.
The historical rank and industry rank for Sixt SE's Days Inventory or its related term are showing as below:
XTER:SIX2'
s Days Inventory Range Over the Past 10 Years
Min: 639.12 Med: 1314.72 Max: 2349.24
Current: 2052.61
During the past 13 years, Sixt SE's highest Days Inventory was 2349.24. The lowest was 639.12. And the median was 1314.72.
XTER:SIX2's Days Inventory is ranked worse than 99.41% of 680
companies
in the Business Services industry
Industry Median: 29.67
vs XTER:SIX2: 2052.61
Sixt SE's Days Inventory
increased
from Dec. 2022 (2,093.30) to Dec. 2023 (2,201.33).
It might indicate that Sixt SE's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sixt SE's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.04.
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.
Sixt SE's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 5.50.
Sixt SE Days Inventory Historical Data
The historical data trend for Sixt 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.
Competitive Comparison of Sixt SE's Days Inventory
For the Rental & Leasing Services subindustry, Sixt 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.
Sixt SE's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Sixt SE's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sixt SE's Days Inventory falls into.
Sixt SE Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sixt SE'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.
Sixt SE (XTER:SIX2) 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.
Sixt SE'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.
Sixt SE'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.
Sixt SE Days Inventory Related Terms
Thank you for viewing the detailed overview of Sixt SE's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sixt SE provides automotive rental services mainly across Europe and the US. The company offers rental solutions from passenger vehicles, including sports utilities vehicles, electric vehicles, and luxury sports cars to vans and trucks. With its products SIXT rent, SIXT share, SIXT ride, and others, the company offers mobility services in the areas of car rental, car sharing, ride services, and car subscriptions. These products can be booked via a single app that also integrates the services of mobility partners.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:SIX2 has been successfully added to your 