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Arrow Electronics (Arrow Electronics) Days Inventory

: 73.12 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Arrow Electronics's Average Total Inventories for the three months ended in Dec. 2023 was $5,496 Mil. Arrow Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was $6,860 Mil. Hence, Arrow Electronics's Days Inventory for the three months ended in Dec. 2023 was 73.12.

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

ARW' s Days Inventory Range Over the Past 10 Years
Min: 41.56   Med: 48.45   Max: 68.8
Current: 68.8

During the past 13 years, Arrow Electronics's highest Days Inventory was 68.80. The lowest was 41.56. And the median was 48.45.

ARW's Days Inventory is ranked better than
71.38% of 2404 companies
in the Hardware industry
Industry Median: 104.035 vs ARW: 68.80

Arrow Electronics's Days Inventory increased from Dec. 2022 (58.47) to Dec. 2023 (73.12). It might indicate that Arrow Electronics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arrow Electronics's Inventory Turnover for the three months ended in Dec. 2023 was 1.25.

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. Arrow Electronics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.70.


Arrow Electronics Days Inventory Historical Data

The historical data trend for Arrow Electronics'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.

Arrow Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.40 48.45 45.15 53.82 66.21

Arrow Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.47 64.91 67.24 73.09 73.12

Competitive Comparison

For the Electronics & Computer Distribution subindustry, Arrow Electronics'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.


Arrow Electronics Days Inventory Distribution

For the Hardware industry and Technology sector, Arrow Electronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arrow Electronics's Days Inventory falls into.



Arrow Electronics Days Inventory Calculation

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

Arrow Electronics'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
=( (5319.369 + 5187.225) / 2 ) / 28958.102*365
=5253.297 / 28958.102*365
=66.21

Arrow Electronics'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
=( (5805.52 + 5187.225) / 2 ) / 6859.607*365 / 4
=5496.3725 / 6859.607*365 / 4
=73.12

* 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.


Arrow Electronics  (NYSE:ARW) 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.

Arrow Electronics'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.

Arrow Electronics'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.


Arrow Electronics Days Inventory Related Terms

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


Arrow Electronics (Arrow Electronics) Business Description

Traded in Other Exchanges
Address
9201 East Dry Creek Road, Centennial, CO, USA, 80112
Arrow Electronics Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. It has one of the world's broadest portfolios of product offerings available from electronic components and enterprise computing solutions suppliers, coupled with a range of services, solutions, and software, the company helps industrial and commercial customers introduce products, reduce their time to market, and enhance their overall competitiveness. The company has two business segments, the components business and the enterprise computing solutions.
Executives
Richard John Marano officer: President, Global Components 9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gail Hamilton director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Kirk Schell officer: President, Global Components 9201 E DRY CREEK ROAD, CENTENNIAL CO 80112
Gretchen Zech officer: SVP, Global Human Resources 9201 E DRY CREEK RD, CENTENNIAL CO 80112
Andrew Charles Kerin director C/O ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107
Mary T Mcdowell director
Michael J Long director, officer: Chairman, President & CEO 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Kristin Diana Russell officer: President, Global ECS 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Vincent P Melvin officer: Chief Information Officer ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Rajesh K. Agrawal officer: SVP, Chief Financial Officer 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Carine Lamercie Jean-claude officer: SVP, Chief Legal Officer 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
David Alan West officer: President, Global Components 9201 E. DRY CREEK RD., CENTENNIAL CO 80112
Christopher Stansbury officer: SVP & Chief Financial Officer C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Charles Ii Kostalnick officer: Chief Supply Chain Officer 2700 NORTH FIRST STREET, SAN JOSE CA 95134
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104