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Wacker Neuson SE (XTER:WAC) Days Inventory : 156.14 (As of Mar. 2024)


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What is Wacker Neuson SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wacker Neuson SE's Average Total Inventories for the three months ended in Mar. 2024 was €777 Mil. Wacker Neuson SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €454 Mil. Hence, Wacker Neuson SE's Days Inventory for the three months ended in Mar. 2024 was 156.14.

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

XTER:WAC' s Days Inventory Range Over the Past 10 Years
Min: 119.11   Med: 146.92   Max: 170.21
Current: 145

During the past 13 years, Wacker Neuson SE's highest Days Inventory was 170.21. The lowest was 119.11. And the median was 146.92.

XTER:WAC's Days Inventory is ranked worse than
56.59% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 132.89 vs XTER:WAC: 145.00

Wacker Neuson SE's Days Inventory increased from Mar. 2023 (129.72) to Mar. 2024 (156.14). It might indicate that Wacker Neuson SE's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wacker Neuson SE's Inventory Turnover for the three months ended in Mar. 2024 was 0.58.

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. Wacker Neuson SE's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.31.


Wacker Neuson SE Days Inventory Historical Data

The historical data trend for Wacker Neuson 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.

Wacker Neuson SE Days Inventory Chart

Wacker Neuson SE 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 147.91 152.39 119.11 124.18 132.07

Wacker Neuson 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 129.72 133.49 150.40 145.02 156.14

Competitive Comparison of Wacker Neuson SE's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Wacker Neuson 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.


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

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

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



Wacker Neuson SE Days Inventory Calculation

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

Wacker Neuson 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
=( (678.9 + 774.5) / 2 ) / 2008.4*365
=726.7 / 2008.4*365
=132.07

Wacker Neuson 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
=( (774.5 + 780.2) / 2 ) / 454.3*365 / 4
=777.35 / 454.3*365 / 4
=156.14

* 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.


Wacker Neuson SE  (XTER:WAC) 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.

Wacker Neuson 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.

Wacker Neuson 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.


Wacker Neuson SE Days Inventory Related Terms

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


Wacker Neuson SE (XTER:WAC) Business Description

Traded in Other Exchanges
Address
Preussenstrasse 41, Munich, DEU, 80809
Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (XTER:WAC) Headlines

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