GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lydall Inc (NYSE:LDL) » Definitions » Days Inventory

Lydall (Lydall) Days Inventory : 44.50 (As of Jun. 2021)


View and export this data going back to 1989. Start your Free Trial

What is Lydall Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lydall's Average Total Inventories for the three months ended in Jun. 2021 was $84.8 Mil. Lydall's Cost of Goods Sold for the three months ended in Jun. 2021 was $174.0 Mil. Hence, Lydall's Days Inventory for the three months ended in Jun. 2021 was 44.50.

The historical rank and industry rank for Lydall's Days Inventory or its related term are showing as below:

LDL' s Days Inventory Range Over the Past 10 Years
Min: 37.36   Med: 44.18   Max: 49.96
Current: 42.21

During the past 13 years, Lydall's highest Days Inventory was 49.96. The lowest was 37.36. And the median was 44.18.

LDL's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 119.76 vs LDL: 42.21

Lydall's Days Inventory declined from Jun. 2020 (62.57) to Jun. 2021 (44.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lydall's Inventory Turnover for the three months ended in Jun. 2021 was 2.05.

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. Lydall's Inventory-to-Revenue for the three months ended in Jun. 2021 was 0.38.


Lydall Days Inventory Historical Data

The historical data trend for Lydall'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.

* Premium members only.

Lydall Days Inventory Chart

Lydall Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.04 49.96 47.64 43.96 47.02

Lydall Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.57 40.85 40.23 41.00 44.50

Competitive Comparison of Lydall's Days Inventory

For the Specialty Industrial Machinery subindustry, Lydall'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.


Lydall's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lydall's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lydall's Days Inventory falls into.



Lydall Days Inventory Calculation

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

Lydall's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (80.544 + 78.996) / 2 ) / 619.166*365
=79.77 / 619.166*365
=47.02

Lydall's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (81.448 + 88.226) / 2 ) / 173.958*365 / 4
=84.837 / 173.958*365 / 4
=44.50

* 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.


Lydall  (NYSE:LDL) 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.

Lydall's Inventory Turnover for the three months ended in Jun. 2021 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.

Lydall's Inventory to Revenue for the three months ended in Jun. 2021 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.


Lydall Days Inventory Related Terms

Thank you for viewing the detailed overview of Lydall's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Lydall (Lydall) Business Description

Traded in Other Exchanges
N/A
Address
One Colonial Road, Manchester, CT, USA, 06042
Lydall Inc, through its subsidiaries, designs and manufactures specialty engineered filtration media, industrial thermal insulating solutions, automotive thermal and acoustical barriers, medical filtration media and devices. The company's products are primarily sold directly to customers through an internal sales force and distributed via common carrier. Its reportable segments were Performance Materials, Technical Nonwovens and Thermal Acoustical Solutions. It derives most of its revenues from the United States of America.
Executives
Robert B. Junker officer: President, Lydall TNW LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kathleen Burdett director 553 AMOSTOWN ROAD WEST SPRINGFIELD MA 01089
Soderstrom S Carl Jr director 2135 WEST MAPLE RD, TROY MI 04084
Matthew Farrell director
Joseph A. Abbruzzi officer: Pres., Thermal Acoustical Solu C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Kelly C. Scott officer: Vice President, CHRO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06042
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
John J Tedone officer: VP Finance & Chief Acct Off 501 DUNN ROAD, COVENTRY CT 06238
Ashish P. Diwanji officer: SVP, Innovation & CTO C/O LYDALL, INC. ONE COLONIAL ROAD MANCHESTER CT 06074
James J Cannon director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Suzanne Hammett director
William D Gurley director C/O LYDALL, INC. 1 COLONIAL ROAD PO BOX 151 MANCHESTER CT 06040
David G Bills director 1500 DEKOVEN AVE., RACINE WI 53403
Randall B Gonzales officer: EXEC VP & CFO EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Paul A Marold officer: President, Lydall PM ONE COLONIAL ROAD MANCHESTER CT 06042