Days Inventory is also known as Days Sales of Inventory (DSI). Alamo Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $375 Mil. Alamo Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $309 Mil.
Hence, Alamo Group's Days Inventory for the
three
months ended in Dec. 2023 was 110.76.
The historical rank and industry rank for Alamo Group's Days Inventory or its related term are showing as below:
ALG'
s Days Inventory Range Over the Past 10 Years
Min: 77.29 Med: 90.65 Max: 108.3
Current: 108.3
During the past 13 years, Alamo Group's highest Days Inventory was 108.30. The lowest was 77.29. And the median was 90.65.
ALG's Days Inventory is ranked better than 61.27% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48
vs ALG: 108.30
Alamo Group's Days Inventory
declined
from Dec. 2022 (113.00) to Dec. 2023 (110.76).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Alamo Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.82.
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.
Alamo Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.90.
Alamo Group Days Inventory Historical Data
The historical data trend for Alamo Group'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 Alamo Group's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Alamo Group'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.
Alamo Group's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Alamo Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Alamo Group's Days Inventory falls into.
Alamo Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alamo Group'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.
Alamo Group (NYSE:ALG) 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.
Alamo Group'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.
Alamo Group'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.
Alamo Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Alamo Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.
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