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Quad/Graphics (Quad/Graphics) Days Inventory

: 29.78 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Quad/Graphics's Average Total Inventories for the three months ended in Dec. 2023 was $207 Mil. Quad/Graphics's Cost of Goods Sold for the three months ended in Dec. 2023 was $633 Mil. Hence, Quad/Graphics's Days Inventory for the three months ended in Dec. 2023 was 29.78.

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

QUAD' s Days Inventory Range Over the Past 10 Years
Min: 26.86   Med: 29.77   Max: 34.15
Current: 34.15

During the past 13 years, Quad/Graphics's highest Days Inventory was 34.15. The lowest was 26.86. And the median was 29.77.

QUAD's Days Inventory is ranked worse than
53.09% of 680 companies
in the Business Services industry
Industry Median: 29.14 vs QUAD: 34.15

Quad/Graphics's Days Inventory declined from Dec. 2022 (37.65) to Dec. 2023 (29.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Quad/Graphics's Inventory Turnover for the three months ended in Dec. 2023 was 3.06.

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. Quad/Graphics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Quad/Graphics Days Inventory Historical Data

The historical data trend for Quad/Graphics'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.

Quad/Graphics 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 27.99 29.76 30.27 33.93 33.68

Quad/Graphics 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 37.65 36.94 35.22 35.39 29.78

Competitive Comparison

For the Specialty Business Services subindustry, Quad/Graphics'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.


Quad/Graphics Days Inventory Distribution

For the Business Services industry and Industrials sector, Quad/Graphics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Quad/Graphics's Days Inventory falls into.



Quad/Graphics Days Inventory Calculation

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

Quad/Graphics'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
=( (260.7 + 178.8) / 2 ) / 2381.2*365
=219.75 / 2381.2*365
=33.68

Quad/Graphics'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
=( (234.4 + 178.8) / 2 ) / 633.1*365 / 4
=206.6 / 633.1*365 / 4
=29.78

* 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.


Quad/Graphics  (NYSE:QUAD) 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.

Quad/Graphics'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.

Quad/Graphics'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.


Quad/Graphics Days Inventory Related Terms

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


Quad/Graphics (Quad/Graphics) Business Description

Traded in Other Exchanges
Address
N61 W23044 Harry's Way, Sussex, WI, USA, 53089-3995
Quad/Graphics Inc provides print and marketing services to help customers market their products, services, and contents. The company primarily operates in the commercial segment of the printing industry. It operates through three divisions. The United States print and related services segment consists of the company's American operations. Besides the complete set of print and marketing solutions, this segment also manufactures ink. The international segment includes the company's printing business in Europe and Latin America. The corporate segment is engaged in the general and administrative activities as well as associated costs. The company almost generates all its revenue from the American domestic market.
Executives
Melanie Arlene Huet director 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Robert H Quadracci officer: Chief Human Resources Officer C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Anthony Staniak officer: Chief Financial Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
Beth-ann Eason director C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Dana B. Gruen officer: General Counsel & Corp Sec C/O QUAD/GRAPHICS INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Donald M Mckenna officer: EVP, Chief Administrative ofcr C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Joshua J Golden officer: Chief Marketing Officer C/O QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
J Joel Quadracci director, officer: Chairman, Pres & CEO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Julie A Currie officer: EVP and Chief Revenue Officer N61 W23044 HARRY'S WAY, SUSSEX WI 53089
John S Shiely director 770 NORTH WATER ST, MILWAUKEE WI 53202
Christopher B Harned director C/O THE CYPRESS GROUP, 65 EAST 55TH ST, 28TH FLOOR, NEW YORK NY 10022
Thomas J Frankowski officer: Chief Operating Officer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Kelly A Vanderboom officer: EVP & Treasurer QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Jennifer J. Kent officer: EVP of Admin. & Gen. Counsel QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
David J Honan officer: EVP & CFO QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089

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