Days Inventory is also known as Days Sales of Inventory (DSI). US Concrete's Average Total Inventories for the
three
months ended in Jun. 2021 was $75 Mil. US Concrete's Cost of Goods Sold for the
three
months ended in Jun. 2021 was $259 Mil.
Hence, US Concrete's Days Inventory for the
three
months ended in Jun. 2021 was 26.33.
The historical rank and industry rank for US Concrete's Days Inventory or its related term are showing as below:
USCR'
s Days Inventory Range Over the Past 10 Years
Min: 14.95 Med: 17.91 Max: 28.61
Current: 24.88
During the past 12 years, US Concrete's highest Days Inventory was 28.61. The lowest was 14.95. And the median was 17.91.
USCR's Days Inventory is not ranked
in the Building Materials industry.
Industry Median: 83.49
vs USCR: 24.88
US Concrete's Days Inventory
increased
from Jun. 2020 (24.52) to Jun. 2021 (26.33).
It might indicate that US Concrete's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
US Concrete's Inventory Turnover for the
three
months ended in Jun. 2021 was 3.47.
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.
US Concrete's Inventory-to-Revenue for the
three
months ended in Jun. 2021 was 0.23.
US Concrete Days Inventory Historical Data
The historical data trend for US Concrete'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 US Concrete's Days Inventory
For the Building Materials subindustry, US Concrete'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.
US Concrete's Days Inventory Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, US Concrete's Days Inventory distribution charts can be found below:
* The bar in red indicates where US Concrete's Days Inventory falls into.
US Concrete Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
US Concrete's Days Inventory for the fiscal year that 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.
US Concrete (NAS:USCR) 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.
US Concrete's Inventory Turnover for the
three
months ended in Jun. 2021 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.
US Concrete's Inventory to Revenue for the
three
months ended in Jun. 2021 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.
US Concrete Days Inventory Related Terms
Thank you for viewing the detailed overview of US Concrete's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
U.S. Concrete sells ready-mixed concrete in several major markets in the United States, primarily in Texas, northern California, and the New York metro area. While U.S. Concrete also produces aggregates in some of its markets and has made more acquisitions in this area in recent years, the company primarily uses its aggregates production internally for its ready-mixed concrete operations. During 2020, U.S. Concrete sold approximately 8.2 million cubic yards of ready-mixed concrete and approximately 12.6 million tons of aggregates.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
USCR has been successfully added to your 