Savaria (Savaria) Days Inventory : 95.41 (As of Dec. 2023)

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What is Savaria Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Savaria's Average Total Inventories for the three months ended in Dec. 2023 was $111.1 Mil. Savaria's Cost of Goods Sold for the three months ended in Dec. 2023 was $106.2 Mil. Hence, Savaria's Days Inventory for the three months ended in Dec. 2023 was 95.41.

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

SISXF' s Days Inventory Range Over the Past 10 Years
Min: 83.5 Med: 97.45 Max: 116.03
Current: 99.8

During the past 13 years, Savaria's highest Days Inventory was 116.03. The lowest was 83.50. And the median was 97.45.

SISXF's Days Inventory is ranked better than
61.03% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs SISXF: 99.80

Savaria's Days Inventory increased from Dec. 2022 (94.44) to Dec. 2023 (95.41). It might indicate that Savaria's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Savaria's Inventory Turnover for the three months ended in Dec. 2023 was 0.96.

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. Savaria's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.69.

Savaria Days Inventory Historical Data

The historical data trend for Savaria'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.

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Savaria Days Inventory Chart

Savaria Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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103.39

114.48

83.47

95.78

94.85

Savaria Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															94.44	97.34	106.05	104.65	95.41

Competitive Comparison of Savaria's Days Inventory

For the Specialty Industrial Machinery subindustry, Savaria'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.

Savaria's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Savaria's Days Inventory distribution charts can be found below:

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

Savaria Days Inventory Calculation

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

Savaria'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
=	( (106.191	+	107.229)	/	2 )	/	410.655	*	365
=	106.71					/	410.655	*	365
=	94.85

Savaria'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
=	( (114.915	+	107.229)	/	2 )	/	106.229	*	365 / 4
=	111.072					/	106.229	*	365 / 4
=	95.41

Savaria (OTCPK:SISXF) 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.

Savaria's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	106.229	/	111.072
	=	0.96

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.

Savaria's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	111.072	/	161.627
	=	0.69

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.

Savaria Days Inventory Related Terms

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

Savaria (Savaria) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Savaria Corp (OTCPK:SISXF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

S97:Germany SIS:Canada

Address

4350 Autoroute Chomedey, Laval, QC, CAN, H7R 6E9

Website

https://www.savaria.com

Savaria Corp designs, engineers, and manufactures products for personal mobility. Its products include home elevators, wheelchair lifts, commercial elevators, ceiling lifts, stairlifts, and van conversions. The company's operating segments are the Accessibility, Adapted Vehicles, and Patient Handling, divisions. The Accessibility segment deals with manufacturing, designing, installing, and distributing elevators, platform lifts, and stairlifts for people with mobility challenges. The Adapted Vehicle segment adapts vans to be wheelchair accessible for people with mobility challenges. The Patient Handling segment includes the manufacturing and distribution of a comprehensive line of therapeutic support surfaces and other pressure management products for the medical market.