Standex International (Standex International) Days Inventory : 84.16 (As of Dec. 2023)

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What is Standex International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Standex International's Average Total Inventories for the three months ended in Dec. 2023 was $98.4 Mil. Standex International's Cost of Goods Sold for the three months ended in Dec. 2023 was $106.7 Mil. Hence, Standex International's Days Inventory for the three months ended in Dec. 2023 was 84.16.

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

SXI' s Days Inventory Range Over the Past 10 Years
Min: 68.31 Med: 77.96 Max: 110.48
Current: 82.57

During the past 13 years, Standex International's highest Days Inventory was 110.48. The lowest was 68.31. And the median was 77.96.

SXI's Days Inventory is ranked better than
71.59% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs SXI: 82.57

Standex International's Days Inventory declined from Dec. 2022 (85.09) to Dec. 2023 (84.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Standex International's Inventory Turnover for the three months ended in Dec. 2023 was 1.08.

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. Standex International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.55.

Standex International Days Inventory Historical Data

The historical data trend for Standex International'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.

Standex International Days Inventory Chart

Standex International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

81.33

75.67

77.80

77.33

81.60

Standex International 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															85.09	84.55	80.77	80.08	84.16

Competitive Comparison of Standex International's Days Inventory

For the Specialty Industrial Machinery subindustry, Standex 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.

Standex International's Days Inventory Distribution in the Industrial Products Industry

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

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

Standex International Days Inventory Calculation

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

Standex International's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (105.339	+	98.537)	/	2 )	/	455.952	*	365
=	101.938					/	455.952	*	365
=	81.60

Standex International'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
=	( (98.29	+	98.592)	/	2 )	/	106.737	*	365 / 4
=	98.441					/	106.737	*	365 / 4
=	84.16

Standex International (NYSE:SXI) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	106.737	/	98.441
	=	1.08

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	98.441	/	178.4
	=	0.55

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.

Standex International Days Inventory Related Terms

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

Standex International (Standex International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Standex International Corp (NYSE:SXI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

9SI:Germany

Address

23 Keewaydin Drive, Salem, NH, USA, 03079

Website

https://www.standex.com

Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

Executives

Ademir Sarcevic	officer: Vice President/CFO/Treasurer	5500 WAYZATA BOULEVARD, MINNEAPOLIS MN 55416
Barbara Joanne Edwards	director	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Sean C Valashinas	officer: Chief Accounting Officer	C/O STANDEX INTERNATIONAL CORPORATION, 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Alan J Glass	officer: Vice President/CLO
Thomas E Chorman	director
David A. Dunbar	director, officer: President/CEO	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Paul C. Burns	other: Vice President Corporate Devel	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Cannon Charles H Jr	director	200 E RANDOLPH DRIVE, CHICAGO IL 60601
Thomas J Hansen	director	3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Maschera Flavio	officer: Vice President/Chief Innovatio	23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Robin J Davenport	director	23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
James A. Hooven	officer: VP Operations & Supply Chain	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Annemarie Bell	officer: Vice President Human Resources	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Thomas D. Debyle	Chief Financial Officer, other: Insider	STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Gerald H Fickenscher	director	199 BENSON RD, MIDDLEBURY CT 06749