Days Inventory is also known as Days Sales of Inventory (DSI). LGL Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.20 Mil. LGL Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.20 Mil.
Hence, LGL Group's Days Inventory for the
three
months ended in Dec. 2023 was 89.66.
The historical rank and industry rank for LGL Group's Days Inventory or its related term are showing as below:
LGL'
s Days Inventory Range Over the Past 10 Years
Min: 93.52 Med: 100.98 Max: 1424.83
Current: 102.99
During the past 13 years, LGL Group's highest Days Inventory was 1424.83. The lowest was 93.52. And the median was 100.98.
LGL's Days Inventory is ranked better than 50.31% of 2405
companies
in the Hardware industry
Industry Median: 103.77
vs LGL: 102.99
LGL Group's Days Inventory
declined
from Dec. 2022 (2,170.37) to Dec. 2023 (89.66).
Inventory Turnover measures how fast the company turns over its inventory within a year.
LGL Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.02.
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.
LGL Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.44.
LGL Group Days Inventory Historical Data
The historical data trend for LGL 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 LGL Group's Days Inventory
For the Electronic Components subindustry, LGL 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.
LGL Group's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, LGL Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where LGL Group's Days Inventory falls into.
LGL Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
LGL 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.
LGL Group (AMEX:LGL) 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.
LGL 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.
LGL 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.
LGL Group Days Inventory Related Terms
Thank you for viewing the detailed overview of LGL Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
LGL Group Inc is engaged in investment and manufacturing business activities. Its Electronic components segment is focused on the design and manufacture of engineered frequency and spectrum control products. The company's Electronic instruments segment is focused on the design and manufacture of high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications including satellite communication, time transfer systems, network synchronization, electricity distribution and metrology. Majority of its revenue is derived from the Electronic components segment.
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