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Moog (MOG.A) Days Inventory

: 110.62 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Moog's Average Total Inventories for the three months ended in Dec. 2023 was $756 Mil. Moog's Cost of Goods Sold for the three months ended in Dec. 2023 was $624 Mil. Hence, Moog's Days Inventory for the three months ended in Dec. 2023 was 110.62.

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

MOG.A' s Days Inventory Range Over the Past 10 Years
Min: 91.52   Med: 99.59   Max: 108.65
Current: 103.86

During the past 13 years, Moog's highest Days Inventory was 108.65. The lowest was 91.52. And the median was 99.59.

MOG.A's Days Inventory is ranked better than
62.85% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.905 vs MOG.A: 103.86

Moog's Days Inventory increased from Dec. 2022 (101.40) to Dec. 2023 (110.62). It might indicate that Moog's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Moog's Inventory Turnover for the three months ended in Dec. 2023 was 0.82.

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. Moog's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.88.


Moog Days Inventory Historical Data

The historical data trend for Moog'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.

Moog Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 91.52 98.72 108.65 99.00 98.67

Moog 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 101.40 98.39 101.01 104.17 110.62

Competitive Comparison

For the Aerospace & Defense subindustry, Moog'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.


Moog Days Inventory Distribution

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

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



Moog Days Inventory Calculation

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

Moog's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (588.466 + 724.002) / 2 ) / 2427.59*365
=656.234 / 2427.59*365
=98.67

Moog'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
=( (724.002 + 788.04) / 2 ) / 623.651*365 / 4
=756.021 / 623.651*365 / 4
=110.62

* 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.


Moog  (NYSE:MOG.A) 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.

Moog'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.

Moog'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.


Moog Days Inventory Related Terms

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


Moog (MOG.A) Business Description

Traded in Other Exchanges
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.
Executives
Alfieri Joseph J Iii officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Michael A Schaff officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Mark D Graczyk officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Mahesh Narang director 500 JACKSON STREET, COLUMBUS IN 47201
Stuart Mclachlan officer: Vice President SENECA ST. & JAMISON RD, E. AURORA NY 14052
Janet M. Coletti director ONE M&T PLAZA, BUFFALO NY 14203
Michael J. Swope officer: Controller SENECA ST & JAMISON RD, EAST AURORA NY 14052
Paul Wilkinson officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Brenda Reichelderfer director ITT CORPORATION, 4 WEST RED OAK LANE, WHITE PLAINS NY 10604
R. Eric Burghardt officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Mark Joseph Trabert officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Maureen Mary Athoe officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Richard Bradley Lawrence director 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Patrick J Roche officer: Vice President SENECA ST & JAMISON RD, EAST AURORA NY 14052
Gisel William G Jr director SENECA ST & JAMISON RD, EAST AURORA NY 14052