Days Inventory is also known as Days Sales of Inventory (DSI). Federal Signal's Average Total Inventories for the
three
months ended in Dec. 2023 was $317 Mil. Federal Signal's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $329 Mil.
Hence, Federal Signal's Days Inventory for the
three
months ended in Dec. 2023 was 87.85.
The historical rank and industry rank for Federal Signal's Days Inventory or its related term are showing as below:
FSS'
s Days Inventory Range Over the Past 10 Years
Min: 58.81 Med: 70.73 Max: 90.82
Current: 90.82
During the past 13 years, Federal Signal's highest Days Inventory was 90.82. The lowest was 58.81. And the median was 70.73.
FSS's Days Inventory is ranked better than 66.77% of 2907
companies
in the Industrial Products industry
Industry Median: 120.15
vs FSS: 90.82
Federal Signal's Days Inventory
declined
from Dec. 2022 (89.76) to Dec. 2023 (87.85).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Federal Signal's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.04.
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.
Federal Signal's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.71.
Federal Signal Days Inventory Historical Data
The historical data trend for Federal Signal'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 Federal Signal's Days Inventory
For the Pollution & Treatment Controls subindustry, Federal Signal'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.
Federal Signal's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Federal Signal's Days Inventory distribution charts can be found below:
* The bar in red indicates where Federal Signal's Days Inventory falls into.
Federal Signal Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Federal Signal'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.
Federal Signal (NYSE:FSS) 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.
Federal Signal'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.
Federal Signal'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.
Federal Signal Days Inventory Related Terms
Thank you for viewing the detailed overview of Federal Signal's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Federal Signal (Federal Signal) Business Description
Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance waterblasting equipment, dump truck bodies and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FSS has been successfully added to your 