GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bombardier Inc (OTCPK:BDRAF) » Definitions » Days Inventory

Bombardier (Bombardier) Days Inventory : 151.24 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Bombardier Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bombardier's Average Total Inventories for the three months ended in Dec. 2023 was $4,111 Mil. Bombardier's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,480 Mil. Hence, Bombardier's Days Inventory for the three months ended in Dec. 2023 was 151.24.

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

BDRAF' s Days Inventory Range Over the Past 10 Years
Min: 100.16   Med: 182.46   Max: 257.32
Current: 221.94

During the past 13 years, Bombardier's highest Days Inventory was 257.32. The lowest was 100.16. And the median was 182.46.

BDRAF's Days Inventory is ranked worse than
70.83% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.735 vs BDRAF: 221.94

Bombardier's Days Inventory increased from Dec. 2022 (148.20) to Dec. 2023 (151.24). It might indicate that Bombardier's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bombardier's Inventory Turnover for the three months ended in Dec. 2023 was 0.60.

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. Bombardier's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.34.


Bombardier Days Inventory Historical Data

The historical data trend for Bombardier'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.

Bombardier Days Inventory Chart

Bombardier 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 254.80 252.13 243.71 211.80 201.70

Bombardier Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 148.20 277.34 277.00 268.02 151.24

Competitive Comparison of Bombardier's Days Inventory

For the Aerospace & Defense subindustry, Bombardier'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.


Bombardier's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bombardier's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bombardier's Days Inventory falls into.



Bombardier Days Inventory Calculation

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

Bombardier'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
=( (3322 + 3768) / 2 ) / 6415*365
=3545 / 6415*365
=201.70

Bombardier's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4453 + 3768) / 2 ) / 2480*365 / 4
=4110.5 / 2480*365 / 4
=151.24

* 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.


Bombardier  (OTCPK:BDRAF) 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.

Bombardier'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.

Bombardier'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.


Bombardier Days Inventory Related Terms

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


Bombardier (Bombardier) Business Description

Address
400, chemin de la Cote-Vertu Ouest, Dorval, QC, CAN, H4S 1Y9
Bombardier designs, manufactures, markets, and provides parts and maintenance for its large, long-range Global and medium-to-large Challenger aircraft families of business jets. Most of the company's revenue is generated in North America, with operations in Europe, North America, Asia-Pacific, and other markets.

Bombardier (Bombardier) Headlines