Days Inventory is also known as Days Sales of Inventory (DSI). Ryder System's Average Total Inventories for the
three
months ended in Mar. 2024 was $0 Mil. Ryder System's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $2,533 Mil.
Hence, Ryder System's Days Inventory for the
three
months ended in Mar. 2024 was 0.00.
The historical rank and industry rank for Ryder System's Days Inventory or its related term are showing as below:
R'
s Days Inventory Range Over the Past 10 Years
Min: 2.79 Med: 3.98 Max: 4.65
Current: 2.86
During the past 13 years, Ryder System's highest Days Inventory was 4.65. The lowest was 2.79. And the median was 3.98.
R's Days Inventory is ranked better than 82.65% of 680
companies
in the Business Services industry
Industry Median: 29.11
vs R: 2.86
Ryder System's Days Inventory
declined
from Mar. 2023 (2.85) to Mar. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
Ryder System's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.00.
Ryder System Days Inventory Historical Data
The historical data trend for Ryder System'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.
Competitive Comparison of Ryder System's Days Inventory
For the Rental & Leasing Services subindustry, Ryder System'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.
Ryder System's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Ryder System's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ryder System's Days Inventory falls into.
Ryder System Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ryder System's Days Inventory for the fiscal year that 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.
Ryder System (NYSE:R) 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.
Ryder System's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Ryder System's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Ryder System Days Inventory Related Terms
Thank you for viewing the detailed overview of Ryder System's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ryder System Inc operates in three business segments: (1) Fleet Management Solutions which provides full-service leasing and leasing with flexible maintenance options, commercial rental and maintenance services of trucks, tractors and trailers to customers; (2) Supply Chain Solutions (SCS), which provides integrated logistics solutions, including distribution management, dedicated transportation, transportation management, brokerage, e-commerce, last mile, and professional services; and (3) Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.
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