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Broadwind Energy Inc (NAS:BWEN)
Days Inventory
45.94 (As of Mar. 2016)

Broadwind Energy Inc's average inventory for the three months ended in Mar. 2016 was $21.5 Mil. Broadwind Energy Inc's cost of goods sold for the three months ended in Mar. 2016 was $42.8 Mil. Hence, Broadwind Energy Inc's days inventory for the three months ended in Mar. 2016 was 45.94.

BWEN' s Days Inventory Range Over the Past 10 Years
Min: 23.07   Max: 93.64
Current: 63.34

23.07
93.64

During the past 13 years, Broadwind Energy Inc's highest Days Inventory was 93.64. The lowest was 23.07. And the median was 51.40.

BWEN's Days Inventory is ranked higher than
71% of the 1716 Companies
in the Global Diversified Industrials industry.

( Industry Median: 98.29 vs. BWEN: 63.34 )

Broadwind Energy Inc's days inventory declined from Mar. 2015 (75.58) to Mar. 2016 (45.94).

Inventory can be measured by Days Sales of Inventory (DSI). Broadwind Energy Inc's days sales of inventory (DSI) for the three months ended in Mar. 2016 was 42.05.

Inventory turnover measures how fast the company turns over its inventory within a year. Broadwind Energy Inc's inventory turnover for the three months ended in Mar. 2016 was 1.99.

Inventory to revenue ratio 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. Broadwind Energy Inc's inventory to revenue ratio for the three months ended in Mar. 2016 was 0.46.


Definition

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

Broadwind Energy Inc's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (31.144 + 24.219) / 2 ) / 191.289*365
=27.6815 / 191.289*365
=52.82

Broadwind Energy Inc's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2015 ) + Inventory (Q: Mar. 2016 )) / 2 ) / COGS (Q: Mar. 2016 )*Days in Period
=( (24.219 + 18.87) / 2 ) / 42.795*365 / 4
=21.5445 / 42.795*365 / 4
=45.94

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Broadwind Energy Inc's Days Sales of Inventory for the three months ended in Mar. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=21.5445/46.757*365 / 4
=42.05

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Broadwind Energy Inc's Inventory Turnover for the three months ended in Mar. 2016 is calculated as

3. 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.

Broadwind Energy Inc's Inventory to Revenue for the three months ended in Mar. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=21.5445 / 46.757
=0.46

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Broadwind Energy Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 23.0793.6454.4549.9736.2141.9840.5953.0655.6952.82

Broadwind Energy Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysInventory 58.8864.7957.5961.5059.9475.5870.0375.0460.7645.94
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