Steel Partners Holdings LP (Steel Partners Holdings LP) Days Inventory

: 70.74 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Steel Partners Holdings LP's Average Total Inventories for the three months ended in Dec. 2023 was $209 Mil. Steel Partners Holdings LP's Cost of Goods Sold for the three months ended in Dec. 2023 was $269 Mil. Hence, Steel Partners Holdings LP's Days Inventory for the three months ended in Dec. 2023 was 70.74.

The historical rank and industry rank for Steel Partners Holdings LP's Days Inventory or its related term are showing as below:

SPLP' s Days Inventory Range Over the Past 10 Years
Min: 38.52 Med: 54.14 Max: 71.23
Current: 71.23

During the past 13 years, Steel Partners Holdings LP's highest Days Inventory was 71.23. The lowest was 38.52. And the median was 54.14.

SPLP's Days Inventory is ranked better than
50.89% of 450 companies
in the Conglomerates industry
Industry Median: 72.615 vs SPLP: 71.23

Steel Partners Holdings LP's Days Inventory declined from Dec. 2022 (72.80) to Dec. 2023 (70.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. Steel Partners Holdings LP's Inventory Turnover for the three months ended in Dec. 2023 was 1.29.

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. Steel Partners Holdings LP's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.45.

Steel Partners Holdings LP Days Inventory Historical Data

The historical data trend for Steel Partners Holdings LP'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.

Steel Partners Holdings LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

58.91

60.60

58.41

66.28

68.89

Steel Partners Holdings LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																72.80	75.96	70.16	70.70	70.74

Competitive Comparison

For the Conglomerates subindustry, Steel Partners Holdings LP'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.

Steel Partners Holdings LP Days Inventory Distribution

For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Days Inventory distribution charts can be found below:

* The bar in red indicates where Steel Partners Holdings LP's Days Inventory falls into.

Steel Partners Holdings LP Days Inventory Calculation

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

Steel Partners Holdings LP'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
=	( (214.084	+	202.294)	/	2 )	/	1103.017	*	365
=	208.189					/	1103.017	*	365
=	68.89

Steel Partners Holdings LP'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
=	( (214.846	+	202.294)	/	2 )	/	269.04	*	365 / 4
=	208.57					/	269.04	*	365 / 4
=	70.74

Steel Partners Holdings LP (NYSE:SPLP) 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.

Steel Partners Holdings LP's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	269.04	/	208.57
	=	1.29

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.

Steel Partners Holdings LP's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	208.57	/	466.907
	=	0.45

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.

Steel Partners Holdings LP Days Inventory Related Terms

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

Steel Partners Holdings LP (Steel Partners Holdings LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Steel Partners Holdings LP (NYSE:SPLP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SPLPpA.PFD:USA

Address

590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022

Website

https://www.steelpartners.com

Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. It operates in various segments including the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and metallized films and packaging businesses; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in a full range of banking activities.

Executives

Jack L Howard	director, 10 percent owner, officer: President	182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Gordon A. Walker	officer: Senior Vice President	KNOWLES CORPORATION, 1151 MAPLEWOOD DRIVE, ITASCA IL 60143
Warren G Lichtenstein	director, 10 percent owner, officer: Executive Chairman	C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Eric P. Karros	director	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Rory H. Tahari	director	510 FIFTH AVENUE, NEW YORK NY 10036
Richard I Neal	director	C/O UNITED INDUSTRIAL CORPORATION, 124 INDUSTRY LANE, HUNT VALLEY MD 21030
John P Mcniff	director	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Lon Rosen	director	120 S. CARMELINA AVE., LOS ANGELES CA 90049
James Iii Benenson	director	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Douglas Woodworth	officer: Chief Financial Officer	STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Spv-i Llc	other: See Footnote 1	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Wgl Capital Corp.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Emh Howard Llc	other: See Footnote 1	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners, Ltd.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Fejes William Theodore Jr	officer: Chief Operating Officer	440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201