Gencor Industries (Gencor Industries) Days Inventory

: 354.79 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Gencor Industries's Average Total Inventories for the three months ended in Dec. 2023 was $71.9 Mil. Gencor Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $18.5 Mil. Hence, Gencor Industries's Days Inventory for the three months ended in Dec. 2023 was 354.79.

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

GENC' s Days Inventory Range Over the Past 10 Years
Min: 84.89 Med: 154.86 Max: 326.88
Current: 326.88

During the past 13 years, Gencor Industries's highest Days Inventory was 326.88. The lowest was 84.89. And the median was 154.86.

GENC's Days Inventory is ranked worse than
92.16% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48 vs GENC: 326.88

Gencor Industries's Days Inventory increased from Dec. 2022 (262.51) to Dec. 2023 (354.79). It might indicate that Gencor Industries's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gencor Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.26.

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. Gencor Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.76.

Gencor Industries Days Inventory Historical Data

The historical data trend for Gencor Industries'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.

Gencor Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

146.38

163.74

187.61

215.00

305.64

Gencor Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																262.51	262.44	292.58	442.61	354.79

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Gencor Industries'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.

Gencor Industries Days Inventory Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Gencor Industries's Days Inventory distribution charts can be found below:

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

Gencor Industries Days Inventory Calculation

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

Gencor Industries's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (55.815	+	71.527)	/	2 )	/	76.038	*	365
=	63.671					/	76.038	*	365
=	305.64

Gencor Industries's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (71.527	+	72.209)	/	2 )	/	18.484	*	365 / 4
=	71.868					/	18.484	*	365 / 4
=	354.79

Gencor Industries (AMEX:GENC) 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.

Gencor Industries's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.484	/	71.868
	=	0.26

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.

Gencor Industries's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	71.868	/	26.018
	=	2.76

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.

Gencor Industries Days Inventory Related Terms

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

Gencor Industries (Gencor Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Gencor Industries Inc (AMEX:GENC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

5201 North Orange Blossom Trail, Orlando, FL, USA, 32810

Website

https://www.gencor.com

Gencor Industries Inc and its subsidiaries is a manufacturer of heavy machinery used in the production of highway construction materials and environmental control equipment. The Company has one reporting segment, equipment for the highway construction industry. The firm's principal products include asphalt plants, combustion systems, hot mix asphalt plants, fluid heat transfer systems, and asphalt pavers.

Executives

Jeanne M Lyons	officer: Secretary	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Ketcham Walter A Jr	director	5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Thomas A. Vecchiolla	director	601 QUEEN STREET, ALEXANDRIA VA 22314
Eric E Mellen	officer: CFO	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
James P Sharp	director	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Marc G Elliott	officer: Pres., Const. Equip. Group	5201 N ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
John G Coburn	director	10505 GUNSTON ROAD, HORTON VA 22079
Sherry Houtkin	10 percent owner	3900 ISLAND BLVD., PENTHOUSE 4, AVENTURA FL 33160
David Air	director	PO BOX 1188, DUNDEE FL 33838
Dondero Cort J	director
Lawrence C Maingot	officer: Vice President and Controller	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Dennis Bryan Hunt	officer: Senior Vice President	2790 MARSH WREN CIRCLE, LONGWOOD FL 32779
Lawrence K Miles	officer: Vice President Product Support	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810
Lowell Raymond Adams	officer: CFO and Treasurer	1722 SE HALYARD LANE, VANCOUVER WA 98661
Robert A Mifflin	officer: Interim CFO	5201 N. ORANGE BLOSSOM TRAIL, ORLANDO FL 32810