Days Inventory is also known as Days Sales of Inventory (DSI). MTS Systems's Average Total Inventories for the
three
months ended in Dec. 2020 was $176.9 Mil. MTS Systems's Cost of Goods Sold for the
three
months ended in Dec. 2020 was $124.4 Mil.
Hence, MTS Systems's Days Inventory for the
three
months ended in Dec. 2020 was 129.80.
The historical rank and industry rank for MTS Systems's Days Inventory or its related term are showing as below:
MTSC'
s Days Inventory Range Over the Past 10 Years
Min: 77.4 Med: 90.21 Max: 121.96
Current: 121.96
During the past 13 years, MTS Systems's highest Days Inventory was 121.96. The lowest was 77.40. And the median was 90.21.
MTSC's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 103.77
vs MTSC: 121.96
MTS Systems's Days Inventory
increased
from Dec. 2019 (121.52) to Dec. 2020 (129.80).
It might indicate that MTS Systems's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MTS Systems's Inventory Turnover for the
three
months ended in Dec. 2020 was 0.70.
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.
MTS Systems's Inventory-to-Revenue for the
three
months ended in Dec. 2020 was 0.89.
MTS Systems Days Inventory Historical Data
The historical data trend for MTS Systems'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 MTS Systems's Days Inventory
For the Scientific & Technical Instruments subindustry, MTS Systems'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.
MTS Systems's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, MTS Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where MTS Systems's Days Inventory falls into.
MTS Systems Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MTS Systems's Days Inventory for the fiscal year that ended in Sep. 2020 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.
MTS Systems (NAS:MTSC) 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.
MTS Systems's Inventory Turnover for the
three
months ended in Dec. 2020 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.
MTS Systems's Inventory to Revenue for the
three
months ended in Dec. 2020 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.
MTS Systems Days Inventory Related Terms
Thank you for viewing the detailed overview of MTS Systems's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MTS Systems Corp is a supplier of test systems and position sensors. Its operations are organized and managed in two business segments; the Test and Simulation segment and the Sensors segment. Test and Simulation segment (Test) provides testing solutions including hardware, software, and services which are used by customers in product development to characterize the product's mechanical properties. Sensors segment (Sensors) is an in sensing technologies and solutions used by design engineers and predictive maintenance professionals, serving customers with a focus on total customer satisfaction, and offering regional support to provide and reliable sensing solutions.
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