Days Inventory is also known as Days Sales of Inventory (DSI). Beacon Roofing Supply's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,268 Mil. Beacon Roofing Supply's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,708 Mil.
Hence, Beacon Roofing Supply's Days Inventory for the
three
months ended in Dec. 2023 was 67.76.
The historical rank and industry rank for Beacon Roofing Supply's Days Inventory or its related term are showing as below:
BECN'
s Days Inventory Range Over the Past 10 Years
Min: 46.99 Med: 63.94 Max: 78.07
Current: 70.06
During the past 13 years, Beacon Roofing Supply's highest Days Inventory was 78.07. The lowest was 46.99. And the median was 63.94.
BECN's Days Inventory is ranked better than 61.97% of 142
companies
in the Industrial Distribution industry
Industry Median: 87.29
vs BECN: 70.06
Beacon Roofing Supply's Days Inventory
declined
from Dec. 2022 (85.11) to Dec. 2023 (67.76).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Beacon Roofing Supply's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.35.
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.
Beacon Roofing Supply's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.55.
Beacon Roofing Supply Days Inventory Historical Data
The historical data trend for Beacon Roofing Supply'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 Beacon Roofing Supply's Days Inventory
For the Industrial Distribution subindustry, Beacon Roofing Supply'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.
Beacon Roofing Supply's Days Inventory Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's Days Inventory distribution charts can be found below:
* The bar in red indicates where Beacon Roofing Supply's Days Inventory falls into.
Beacon Roofing Supply Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Beacon Roofing Supply'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.
Beacon Roofing Supply (NAS:BECN) 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.
Beacon Roofing Supply'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.
Beacon Roofing Supply'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.
Beacon Roofing Supply Days Inventory Related Terms
Thank you for viewing the detailed overview of Beacon Roofing Supply's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Beacon Roofing Supply (Beacon Roofing Supply) Business Description
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.
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