Days Inventory is also known as Days Sales of Inventory (DSI). Cargotec Oyj's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,158 Mil. Cargotec Oyj's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $992 Mil.
Hence, Cargotec Oyj's Days Inventory for the
three
months ended in Dec. 2023 was 106.57.
The historical rank and industry rank for Cargotec Oyj's Days Inventory or its related term are showing as below:
CYJBF'
s Days Inventory Range Over the Past 10 Years
Min: 78.28 Med: 89.81 Max: 113.89
Current: 113.89
During the past 13 years, Cargotec Oyj's highest Days Inventory was 113.89. The lowest was 78.28. And the median was 89.81.
CYJBF's Days Inventory is ranked better than 59.8% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48
vs CYJBF: 113.89
Cargotec Oyj's Days Inventory
increased
from Dec. 2022 (91.05) to Dec. 2023 (106.57).
It might indicate that Cargotec Oyj's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cargotec Oyj's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.86.
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.
Cargotec Oyj's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.89.
Cargotec Oyj Days Inventory Historical Data
The historical data trend for Cargotec Oyj'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 Cargotec Oyj's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, Cargotec Oyj'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.
Cargotec Oyj Days Inventory Distribution
For the Farm & Heavy Construction Machinery industry and Industrials sector, Cargotec Oyj's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cargotec Oyj's Days Inventory falls into.
Cargotec Oyj Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cargotec Oyj'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.
Cargotec Oyj (OTCPK:CYJBF) 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.
Cargotec Oyj'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.
Cargotec Oyj'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.
Cargotec Oyj Days Inventory Related Terms
Thank you for viewing the detailed overview of Cargotec Oyj's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. Cargotec operates three business segments: Kalmar, Hiab, and MacGregor. The majority of sales derive from distributing products, but a global network offers services and components. Customers range from small businesses to large national organizations. The company has established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.
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