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Ducommun (Ducommun) Days Inventory : 125.60 (As of Dec. 2023)


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What is Ducommun Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ducommun's Average Total Inventories for the three months ended in Dec. 2023 was $207.2 Mil. Ducommun's Cost of Goods Sold for the three months ended in Dec. 2023 was $150.5 Mil. Hence, Ducommun's Days Inventory for the three months ended in Dec. 2023 was 125.60.

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

DCO' s Days Inventory Range Over the Past 10 Years
Min: 68.53   Med: 93.25   Max: 120.98
Current: 120.98

During the past 13 years, Ducommun's highest Days Inventory was 120.98. The lowest was 68.53. And the median was 93.25.

DCO's Days Inventory is ranked better than
58.33% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.735 vs DCO: 120.98

Ducommun's Days Inventory increased from Dec. 2022 (104.64) to Dec. 2023 (125.60). It might indicate that Ducommun's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ducommun's Inventory Turnover for the three months ended in Dec. 2023 was 0.73.

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. Ducommun's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.08.


Ducommun Days Inventory Historical Data

The historical data trend for Ducommun'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.

Ducommun Days Inventory Chart

Ducommun Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.53 89.80 101.66 103.46 113.84

Ducommun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial 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 104.64 115.37 123.51 126.26 125.60

Competitive Comparison of Ducommun's Days Inventory

For the Aerospace & Defense subindustry, Ducommun'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.


Ducommun's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ducommun's Days Inventory distribution charts can be found below:

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



Ducommun Days Inventory Calculation

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

Ducommun'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
=( (171.211 + 199.201) / 2 ) / 593.805*365
=185.206 / 593.805*365
=113.84

Ducommun'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
=( (215.189 + 199.201) / 2 ) / 150.535*365 / 4
=207.195 / 150.535*365 / 4
=125.60

* 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.


Ducommun  (NYSE:DCO) 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.

Ducommun'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.

Ducommun'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.


Ducommun Days Inventory Related Terms

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


Ducommun (Ducommun) Business Description

Traded in Other Exchanges
Address
200 Sandpointe Avenue, Suite 700, Santa Ana, CA, USA, 92707-5759
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers, and manufactures large, complex contoured aerostructure components & assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers, and manufactures high-reliability electronic & electromechanical products used in worldwide technology-driven markets including aerospace and defense, industrial, medical, & other end-use markets. It generates most of its revenue from the Electronic Systems.
Executives
Jerry L Redondo officer: VP, Operational Excellence DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745-6209
Suman B. Mookerji officer: Sr. V.P., C.F.O. 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Stephen G Oswald director, officer: President & CEO 23301 WILMINGTON AVENUE, CARSON CA 90745
Christopher D. Wampler officer: VP, Controller and CAO 23301 WILMINGTON AVENUE, CARSON CA 90745
Laureen S. Gonzalez officer: VP & Chief HR Officer 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Robert C Ducommun director 1155 PARK AVE, APT 1-SW, NEW YORK NY 10128-1209
Samara A Strycker director 2701 NAVISTAR DRIVE, LISLE IL 60532
Rose F Rogers officer: VP, Human Resources 23301 WILMINGTON AVE., CARSON CA 90745-6209
Sheila G. Kramer director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Robert D Paulson director AEROSTAR CAPITAL LLC, 590 SANDHILL CRANE RD., #1270, WILSON WY 83014-1270
Dean M Flatt director 31 SUMMER HILL RD., WAYNE NJ 07470
Rajiv A. Tata officer: V.P., General Counsel 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Shirley Drazba director 200 SANDPOINTE AVENUE, #700, SANTA ANA CA 92707
Anthony J Reardon other: Pres., Ducommun AeroStructures DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745
James S Heiser officer: VP, CFO & Gen. Cnsl. C/O DUCOMMUN INC, 23301 WILMINGTON AVENUE, CARSON CA 90745-6209