Tower International (Tower International) Days Inventory : 19.88 (As of Jun. 2019)

Tower International Days Inventory Chart

Tower International Annual Data
	Trend	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Days Inventory		Get a 7-Day Free Trial					16.99	15.78	22.05	19.76	16.81

Tower International Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Days Inventory	Get a 7-Day Free Trial															22.88	17.75	-	17.80	19.88

Competitive Comparison of Tower International's Days Inventory

For the Auto Parts subindustry, Tower International'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.

Tower International's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tower International's Days Inventory distribution charts can be found below:

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

Tower International Days Inventory Calculation

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

Tower International's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Tower International's Days Inventory for the quarter that ended in Jun. 2019 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.

Tower International  (NYSE:TOWR) 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.

Tower International's Inventory Turnover for the three months ended in Jun. 2019 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.

Tower International's Inventory to Revenue for the three months ended in Jun. 2019 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.

Tower International Days Inventory Related Terms

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Tower International (Tower International) Business Description