The historical rank and industry rank for Carriage Services's Days Inventory or its related term are showing as below:
CSV'
s Days Inventory Range Over the Past 10 Years
Min: 10.82 Med: 12.25 Max: 12.89
Current: 12.16
During the past 13 years, Carriage Services's highest Days Inventory was 12.89. The lowest was 10.82. And the median was 12.25.
CSV's Days Inventory is ranked better than 61.63% of 86
companies
in the Personal Services industry
Industry Median: 16.425
vs CSV: 12.16
Carriage Services's Days Inventory
increased
from Dec. 2022 (11.16) to Dec. 2023 (12.39).
It might indicate that Carriage Services's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Carriage Services's Inventory Turnover for the
three
months ended in Dec. 2023 was 7.37.
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.
Carriage Services's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.09.
Carriage Services Days Inventory Historical Data
The historical data trend for Carriage Services'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 Carriage Services's Days Inventory
For the Personal Services subindustry, Carriage Services'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.
Carriage Services's Days Inventory Distribution in the Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Carriage Services's Days Inventory distribution charts can be found below:
* The bar in red indicates where Carriage Services's Days Inventory falls into.
Carriage Services Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Carriage Services'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.
Carriage Services (NYSE:CSV) 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.
Carriage Services'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.
Carriage Services'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.
Carriage Services Days Inventory Related Terms
Thank you for viewing the detailed overview of Carriage Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Carriage Services (Carriage Services) Business Description
Carriage Services Inc is a leading provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum crypts, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
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