The historical rank and industry rank for Art's-Way Manufacturing Co's Days Inventory or its related term are showing as below:
ARTW'
s Days Inventory Range Over the Past 10 Years
Min: 150.87 Med: 191.57 Max: 322.71
Current: 187.97
During the past 13 years, Art's-Way Manufacturing Co's highest Days Inventory was 322.71. The lowest was 150.87. And the median was 191.57.
ARTW's Days Inventory is ranked worse than 71.57% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48
vs ARTW: 187.97
Inventory Turnover measures how fast the company turns over its inventory within a year.
Art's-Way Manufacturing Co's Inventory Turnover for the
three
months ended in Feb. 2024 was 0.39.
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.
Art's-Way Manufacturing Co's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 1.92.
Art's-Way Manufacturing Co Days Inventory Historical Data
* 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 Art's-Way Manufacturing Co's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing 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.
Art's-Way Manufacturing Co's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Art's-Way Manufacturing Co's Days Inventory falls into.
Art's-Way Manufacturing Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Art's-Way Manufacturing Co's Days Inventory for the fiscal year that ended in Nov. 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.
Art's-Way Manufacturing Co (NAS:ARTW) 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.
Art's-Way Manufacturing 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.
Art's-Way Manufacturing 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.
Art's-Way Manufacturing Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Art's-Way Manufacturing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Business Description
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.
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