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MSC Industrial Direct Co (MSC Industrial Direct Co) Days Inventory

: 116.39 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). MSC Industrial Direct Co's Average Total Inventories for the three months ended in Feb. 2024 was $697 Mil. MSC Industrial Direct Co's Cost of Goods Sold for the three months ended in Feb. 2024 was $547 Mil. Hence, MSC Industrial Direct Co's Days Inventory for the three months ended in Feb. 2024 was 116.39.

The historical rank and industry rank for MSC Industrial Direct Co's Days Inventory or its related term are showing as below:

MSM' s Days Inventory Range Over the Past 10 Years
Min: 99.11   Med: 109.16   Max: 114.6
Current: 111.74

During the past 13 years, MSC Industrial Direct Co's highest Days Inventory was 114.60. The lowest was 99.11. And the median was 109.16.

MSM's Days Inventory is ranked worse than
62.68% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.29 vs MSM: 111.74

MSC Industrial Direct Co's Days Inventory declined from Feb. 2023 (119.03) to Feb. 2024 (116.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. MSC Industrial Direct Co's Inventory Turnover for the three months ended in Feb. 2024 was 0.78.

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. MSC Industrial Direct Co's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.75.


MSC Industrial Direct Co Days Inventory Historical Data

The historical data trend for MSC Industrial Direct 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.

* Premium members only.

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.81 108.79 111.55 114.60 111.22

MSC Industrial Direct Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 119.03 107.54 107.66 116.81 116.39

Competitive Comparison

For the Industrial Distribution subindustry, MSC Industrial Direct 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.


MSC Industrial Direct Co Days Inventory Distribution

For the Industrial Distribution industry and Industrials sector, MSC Industrial Direct Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where MSC Industrial Direct Co's Days Inventory falls into.



MSC Industrial Direct Co Days Inventory Calculation

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

MSC Industrial Direct Co's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (715.625 + 726.521) / 2 ) / 2366.317*365
=721.073 / 2366.317*365
=111.22

MSC Industrial Direct Co's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (709.362 + 685.373) / 2 ) / 546.737*365 / 4
=697.3675 / 546.737*365 / 4
=116.39

* 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.


MSC Industrial Direct Co  (NYSE:MSM) 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.

MSC Industrial Direct Co's Inventory Turnover for the three months ended in Feb. 2024 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.

MSC Industrial Direct Co's Inventory to Revenue for the three months ended in Feb. 2024 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.


MSC Industrial Direct Co Days Inventory Related Terms

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


MSC Industrial Direct Co (MSC Industrial Direct Co) Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.
Executives
Erik Gershwind officer: SVP, Product Mgmnt & Marketing C/O MSC INDUSTRIAL DIRECT CO INC, 75 MAXESS ROAD, MELVILLE NY 11747
Kristen Actis-grande officer: EVP & Chief Financial Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Elizabeth Bledsoe officer: SVP & Chief People Officer C/O MSC LNDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kimberly Shacklett officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas E Jones officer: EVP, Chief Supply Chain C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Stacey L. Bennett 10 percent owner 410 PARK AVE., SUITE 620, NEW YORK NY 10022
Rahquel Purcell director C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martina Mcisaac officer: EVP, Chief Operating Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Steven N Baruch officer: SVP, STRATEGY & MARKETING 18232 PENINSULA CLUB, CORNELIUS NC 28031
Mitchell Jacobson director, 10 percent owner, officer: Chairman and CEO C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS RD, MELVILLE NY 11747
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
John Hill officer: SVP, Chief Digital Info Offr. C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Neal Dongre officer: VP, Gen Counsel & Corp Sec C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martin Edward F Jr officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kari D Heerdt officer: SVP, Chief People Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747