The historical rank and industry rank for Franklin Electric Co's Days Inventory or its related term are showing as below:
FELE'
s Days Inventory Range Over the Past 10 Years
Min: 106.92 Med: 126.34 Max: 147.93
Current: 147.93
During the past 13 years, Franklin Electric Co's highest Days Inventory was 147.93. The lowest was 106.92. And the median was 126.34.
FELE's Days Inventory is ranked worse than 61.71% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs FELE: 147.93
Franklin Electric Co's Days Inventory
declined
from Dec. 2022 (155.64) to Dec. 2023 (153.40).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Franklin Electric Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.59.
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.
Franklin Electric Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.11.
Franklin Electric Co Days Inventory Historical Data
The historical data trend for Franklin Electric Co'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 Franklin Electric Co's Days Inventory
For the Specialty Industrial Machinery subindustry, Franklin Electric Co'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.
Franklin Electric Co's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Franklin Electric Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Franklin Electric Co's Days Inventory falls into.
Franklin Electric Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Franklin Electric Co'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.
Franklin Electric Co (NAS:FELE) 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.
Franklin Electric Co'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.
Franklin Electric Co'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.
Franklin Electric Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Franklin Electric Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Electric Co (Franklin Electric Co) Business Description
Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.
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