Ampco-Pittsburgh (Ampco-Pittsburgh) Days Inventory

: 127.44 (As of Dec. 2023)

View and export this data going back to 1955. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Ampco-Pittsburgh's Average Total Inventories for the three months ended in Dec. 2023 was $127.7 Mil. Ampco-Pittsburgh's Cost of Goods Sold for the three months ended in Dec. 2023 was $91.4 Mil. Hence, Ampco-Pittsburgh's Days Inventory for the three months ended in Dec. 2023 was 127.44.

The historical rank and industry rank for Ampco-Pittsburgh's Days Inventory or its related term are showing as below:

AP' s Days Inventory Range Over the Past 10 Years
Min: 94.59 Med: 104.22 Max: 134.51
Current: 134.51

During the past 13 years, Ampco-Pittsburgh's highest Days Inventory was 134.51. The lowest was 94.59. And the median was 104.22.

AP's Days Inventory is ranked worse than
56.49% of 2905 companies
in the Industrial Products industry
Industry Median: 120.49 vs AP: 134.51

Ampco-Pittsburgh's Days Inventory increased from Dec. 2022 (124.85) to Dec. 2023 (127.44). It might indicate that Ampco-Pittsburgh's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ampco-Pittsburgh's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Ampco-Pittsburgh's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.18.

Ampco-Pittsburgh Days Inventory Historical Data

The historical data trend for Ampco-Pittsburgh'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.

Ampco-Pittsburgh Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

98.75

110.23

119.11

128.23

129.32

Ampco-Pittsburgh Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																124.85	133.83	140.74	141.91	127.44

Competitive Comparison

For the Metal Fabrication subindustry, Ampco-Pittsburgh'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.

Ampco-Pittsburgh Days Inventory Distribution

For the Industrial Products industry and Industrials sector, Ampco-Pittsburgh's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ampco-Pittsburgh's Days Inventory falls into.

Ampco-Pittsburgh Days Inventory Calculation

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

Ampco-Pittsburgh's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (121.739	+	124.694)	/	2 )	/	347.781	*	365
=	123.2165					/	347.781	*	365
=	129.32

Ampco-Pittsburgh'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
=	( (130.748	+	124.694)	/	2 )	/	91.448	*	365 / 4
=	127.721					/	91.448	*	365 / 4
=	127.44

Ampco-Pittsburgh (NYSE:AP) 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.

Ampco-Pittsburgh's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	91.448	/	127.721
	=	0.72

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.

Ampco-Pittsburgh's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	127.721	/	108.108
	=	1.18

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.

Ampco-Pittsburgh Days Inventory Related Terms

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

Ampco-Pittsburgh (Ampco-Pittsburgh) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ampco-Pittsburgh Corp (NYSE:AP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

726 Bell Avenue, Suite 301, Carnegie, PA, USA, 15106

Website

http://www.ampcopgh.com

Ampco-Pittsburgh Corp is a U,S.-based company manufacturing and selling engineered, specialty metal products and customized equipment. It operates in two business segments namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, and other metals whereas, the Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, and Buffalo Pumps. The company generates a majority of its revenue from the Forged and Cast Engineered Products segment. It has a business presence in the U,S and other countries.

Executives

Darrell L Mcnair	director	726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Frederick D. Disanto	director	6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
David George Anderson	officer: President,Air&Liq. Proc. Group	726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Robert Demichiei	director	726 BELL AVE., SUITE 301, PO BOX 457, CARNEGIE PA 15106
Michael G Mcauley	officer: CFO & Treasurer	1550 CORAOPOLIS HEIGHTS ROAD, SUITE 500, PITTSBURGH PA 15108
Louis Berkman Investment Co	10 percent owner	330 N. SEVENTH STREET, STEUBENVILLE OH 43952
Brett Mcbrayer	director, officer: Chief Executive Officer	726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Pforzheimer Carl H Ii	director	CARL H PFORZHEIMER & CO, 650 MADISON 23 FLOOR, NEW YORK NY 10022
Samuel Lyon	officer: President of Union Electric	C/O UNION ELECTRIC STEEL CORPORATION, 726 BELL AVENUE, CARNEGIE PA 15106
Elizabeth Anne Fessenden	director	1137 WEST AVENUE, RICHMOND VA 23220
Crawford United Corp	other: Member of 10% owner group	10514 DUPONT AVE, CLEVELAND OH 44108
Edward F Crawford	other: Member of 10% owner group
2006 Irrevocable Trust Of Laura W. Van Loan For The Benefit Of Mary M. Crawford	other: Member of 10% owner group	6065 PARKLAND BOULEVARD, CLEVELAND OH 44124
Altor Ii Aggregator Topco Ltd	10 percent owner	11-15 SEATON PLACE, ST. HELIER Y9 JE4 0QH
Terry L Dunlap	director	1000 SIX PPG PLACE, PITTSBURGH PA 15222