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Spectrum Brands Holdings (Spectrum Brands Holdings) Days Inventory

: 93.82 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Spectrum Brands Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $460 Mil. Spectrum Brands Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $447 Mil. Hence, Spectrum Brands Holdings's Days Inventory for the three months ended in Dec. 2023 was 93.82.

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

SPB' s Days Inventory Range Over the Past 10 Years
Min: 79.65   Med: 92.99   Max: 154.97
Current: 103.45

During the past 13 years, Spectrum Brands Holdings's highest Days Inventory was 154.97. The lowest was 79.65. And the median was 92.99.

SPB's Days Inventory is ranked worse than
61.85% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.43 vs SPB: 103.45

Spectrum Brands Holdings's Days Inventory declined from Dec. 2022 (132.30) to Dec. 2023 (93.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectrum Brands Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 0.97.

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. Spectrum Brands Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.


Spectrum Brands Holdings Days Inventory Historical Data

The historical data trend for Spectrum Brands Holdings'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.

Spectrum Brands Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 126.99 90.73 81.92 114.45 113.77

Spectrum Brands Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 132.30 114.16 107.63 91.08 93.82

Competitive Comparison

For the Household & Personal Products subindustry, Spectrum Brands Holdings'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.


Spectrum Brands Holdings Days Inventory Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Spectrum Brands Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Spectrum Brands Holdings's Days Inventory falls into.



Spectrum Brands Holdings Days Inventory Calculation

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

Spectrum Brands Holdings's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (780.6 + 462.8) / 2 ) / 1994.5*365
=621.7 / 1994.5*365
=113.77

Spectrum Brands Holdings'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
=( (462.8 + 457) / 2 ) / 447.3*365 / 4
=459.9 / 447.3*365 / 4
=93.82

* 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.


Spectrum Brands Holdings  (NYSE:SPB) 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.

Spectrum Brands Holdings'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.

Spectrum Brands Holdings'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.


Spectrum Brands Holdings Days Inventory Related Terms

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


Spectrum Brands Holdings (Spectrum Brands Holdings) Business Description

Traded in Other Exchanges
Address
3001 Deming Way, Middleton, WI, USA, 53562
Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.
Executives
David M Maura director, officer: Executive Chairman and CEO C/O MOSAIC ACQUISITION CORP., 375 PARK AVENUE, NEW YORK NY 10152
Ehsan Zargar officer: EVP, GC & Corporate Secretary C/O HRG GROUP, INC., 450 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10022
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Leslie Lloyd Campbell director C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Daniel L Karpel officer: VP, Corporate Controller & CAO 3001 DEMING WAY, MIDDLETON WI 53562
Jeremy W Smeltser officer: EVP & CFO 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Rebeckah Long officer: SVP & Global HR C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Randal D. Lewis officer: EVP & COO C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Sherianne James director C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Hugh R Rovit director C/O ONEIDA LTD., 163-181 KENWOOD AVENUE, ONEIDA NY 13421
Terry Polistina director 5980 MIAMI LAKES DRIVE, MIAMI LAKES FL 33014
Anne Sempowski Ward director C/O VANDA PHARMACEUTICALS INC., 2200 PENNSYLVANIA AVENUE, SUITE 300E, WASHINGTON DC 20037
Gautam Patel director C/O AMNEAL PHARMACEUTICALS LLC, 400 CROSSING BLVD, BRIDGEWATER NJ 08807
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
David Harris director 237 PARK AVENUE - SUITE 900, NEW YORK NY 10017