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Louisiana-Pacific (Louisiana-Pacific) Days Inventory : 69.12 (As of Dec. 2023)


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What is Louisiana-Pacific Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Louisiana-Pacific's Average Total Inventories for the three months ended in Dec. 2023 was $378 Mil. Louisiana-Pacific's Cost of Goods Sold for the three months ended in Dec. 2023 was $499 Mil. Hence, Louisiana-Pacific's Days Inventory for the three months ended in Dec. 2023 was 69.12.

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

LPX' s Days Inventory Range Over the Past 10 Years
Min: 45.1   Med: 48.2   Max: 70.32
Current: 70.32

During the past 13 years, Louisiana-Pacific's highest Days Inventory was 70.32. The lowest was 45.10. And the median was 48.20.

LPX's Days Inventory is ranked worse than
59.63% of 1392 companies
in the Construction industry
Industry Median: 48.8 vs LPX: 70.32

Louisiana-Pacific's Days Inventory increased from Dec. 2022 (53.22) to Dec. 2023 (69.12). It might indicate that Louisiana-Pacific's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Louisiana-Pacific's Inventory Turnover for the three months ended in Dec. 2023 was 1.32.

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. Louisiana-Pacific's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.57.


Louisiana-Pacific Days Inventory Historical Data

The historical data trend for Louisiana-Pacific'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.

Louisiana-Pacific Days Inventory Chart

Louisiana-Pacific 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 48.92 49.78 50.11 47.48 65.55

Louisiana-Pacific 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 53.22 70.94 76.32 69.77 69.12

Competitive Comparison of Louisiana-Pacific's Days Inventory

For the Building Products & Equipment subindustry, Louisiana-Pacific'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.


Louisiana-Pacific's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Louisiana-Pacific's Days Inventory distribution charts can be found below:

* The bar in red indicates where Louisiana-Pacific's Days Inventory falls into.



Louisiana-Pacific Days Inventory Calculation

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

Louisiana-Pacific'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
=( (336 + 378) / 2 ) / 1988*365
=357 / 1988*365
=65.55

Louisiana-Pacific'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
=( (378 + 378) / 2 ) / 499*365 / 4
=378 / 499*365 / 4
=69.12

* 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.


Louisiana-Pacific  (NYSE:LPX) 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.

Louisiana-Pacific'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.

Louisiana-Pacific'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.


Louisiana-Pacific Days Inventory Related Terms

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


Louisiana-Pacific (Louisiana-Pacific) Business Description

Traded in Other Exchanges
Address
1610 West End Ave, Suite 200, Nashville, TN, USA, 37203
Louisiana-Pacific is primarily an oriented strand board producer, while offering engineered wood siding used in home construction and repair and remodel projects. The company is largely exposed to the North American housing market but has also established capacity in Brazil and Chile.
Executives
Michael W Blosser officer: SVP, Manufacturing Services 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Lizanne C Gottung director 1610 WEST END AVENUE, SUITE 200, NASHVILLE TN 37203
Derek Nelson Doyle officer: Principal Accounting Officer 1610 WEST END AVENUE, NASHVILLE TN 37203
Alan Haughie officer: EVP, CFO 860 RIDGE LAKE BLVD., MEMPHIS TN 38120
Jimmy Earl Mason officer: EVP & General Manager of OSB 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219-1711
Jose A Bayardo director 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Robin H Everhart officer: SVP, CHRO 414 UNION STREET, SUITE 2000, NASHVILLE TN 37219
Nicole C Daniel officer: SVP, General Counsel 414 UNION STREET, NASHVILLE TN 37219
William Bradley Southern officer: Senior Vice President 1610 WEST END AVENUE, NASHVILLE TN 37203
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Michael Sims officer: SVP Sales and Marketing 414 UNION STREET, NASHVILLE TN 37219
Neil Sherman officer: SVP EWP 414 UNION STREET, NASHVILLE TN 37129
Jason Paul Ringbloom officer: EVP OSB 414 UNION STREET, NASHVILLE TN 37219
Kurt M Landgraf director ONE RIVERFRONT PLAZA, CORNING NY 14831
Gary Cook director C/O TRIMERIS, INC., 3500 PARAMOUNT PARKWAY, MORRISVILLE NC 27560