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GuruFocus has detected 7 Warning Signs with CSX Corp $FRA:CXR.
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CSX Corp (FRA:CXR)
Days Inventory
42.73 (As of Dec. 2016)

CSX Corp's average inventory for the three months ended in Dec. 2016 was €370 Mil. CSX Corp's cost of goods sold for the three months ended in Dec. 2016 was €790 Mil. Hence, CSX Corp's days inventory for the three months ended in Dec. 2016 was 42.73.

FRA:CXR' s Days Inventory Range Over the Past 10 Years
Min: 19.55   Max: 43.6
Current: 43.6

19.55
43.6

During the past 13 years, CSX Corp's highest Days Inventory was 43.60. The lowest was 19.55. And the median was 22.25.

FRA:CXR's Days Inventory is ranked lower than
81% of the 597 Companies
in the Global Railroads industry.

( Industry Median: 10.92 vs. FRA:CXR: 43.60 )

CSX Corp's days inventory increased from Dec. 2015 (33.73) to Dec. 2016 (42.73). It might indicate that CSX Corp's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory can be measured by Days Sales of Inventory (DSI). CSX Corp's days sales of inventory (DSI) for the three months ended in Dec. 2016 was 11.72.

Inventory turnover measures how fast the company turns over its inventory within a year. CSX Corp's inventory turnover for the three months ended in Dec. 2016 was 2.14.

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. CSX Corp's inventory to revenue ratio for the three months ended in Dec. 2016 was 0.13.


Definition

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

CSX Corp's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2015 ) + Inventory (A: Dec. 2016 )) / 2 ) / COGS (A: Dec. 2016 )*Days in Period
=( (321.307261544 + 385.818561001) / 2 ) / 3052.42203052*365
=353.562911273 / 3052.42203052*365
=42.28

CSX Corp's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Sep. 2016 ) + Inventory (Q: Dec. 2016 )) / 2 ) / COGS (Q: Dec. 2016 )*Days in Period
=( (353.737859752 + 385.818561001) / 2 ) / 789.648307896*365 / 4
=369.778210377 / 789.648307896*365 / 4
=42.73

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

CSX Corp's Days Sales of Inventory for the three months ended in Dec. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=369.778210377/2878.94587165*365 / 4
=11.72

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

CSX Corp's Inventory Turnover for the three months ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Inventory
=789.648307896 / 369.778210377
=2.14

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.

CSX Corp's Inventory to Revenue for the three months ended in Dec. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=369.778210377 / 2878.94587165
=0.13

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

CSX Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysInventory 28.0321.2532.4620.0519.5022.2022.7820.1428.9342.28

CSX Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysInventory 22.0922.4423.9729.5030.0533.7341.2544.2746.1842.73
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