Twin Disc (Twin Disc) Days Inventory : 224.91 (As of Dec. 2023)

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What is Twin Disc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Twin Disc's Average Total Inventories for the three months ended in Dec. 2023 was $129.0 Mil. Twin Disc's Cost of Goods Sold for the three months ended in Dec. 2023 was $52.3 Mil. Hence, Twin Disc's Days Inventory for the three months ended in Dec. 2023 was 224.91.

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

TWIN' s Days Inventory Range Over the Past 10 Years
Min: 171.22 Med: 207.58 Max: 256.33
Current: 227.26

During the past 13 years, Twin Disc's highest Days Inventory was 256.33. The lowest was 171.22. And the median was 207.58.

TWIN's Days Inventory is ranked worse than
81.01% of 2907 companies
in the Industrial Products industry
Industry Median: 120.15 vs TWIN: 227.26

Twin Disc's Days Inventory declined from Dec. 2022 (260.89) to Dec. 2023 (224.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Twin Disc's Inventory Turnover for the three months ended in Dec. 2023 was 0.41.

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. Twin Disc's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.77.

Twin Disc Days Inventory Historical Data

The historical data trend for Twin Disc'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.

Twin Disc Days Inventory Chart

Twin Disc Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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179.82

235.37

256.33

253.75

233.31

Twin Disc 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															260.89	228.48	206.69	251.06	224.91

Competitive Comparison of Twin Disc's Days Inventory

For the Specialty Industrial Machinery subindustry, Twin Disc'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.

Twin Disc's Days Inventory Distribution in the Industrial Products Industry

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

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

Twin Disc Days Inventory Calculation

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

Twin Disc'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
=	( (127.109	+	131.93)	/	2 )	/	202.628	*	365
=	129.5195					/	202.628	*	365
=	233.31

Twin Disc'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
=	( (126.236	+	131.768)	/	2 )	/	52.338	*	365 / 4
=	129.002					/	52.338	*	365 / 4
=	224.91

Twin Disc (NAS:TWIN) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	52.338	/	129.002
	=	0.41

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	129.002	/	72.994
	=	1.77

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.

Twin Disc Days Inventory Related Terms

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

Twin Disc (Twin Disc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Twin Disc Inc (NAS:TWIN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TWN:Germany

Address

222 East Erie Street, Suite 400, Milwaukee, WI, USA, 53202

Website

https://www.twindisc.com

Twin Disc Inc is a United States-based firm engaged in the manufacture and sale of marine and heavy-duty off-highway power transmission equipment. The company operates its business through two reportable segments: Manufacturing and Distribution. Its products portfolio includes marine transmissions, surface drives, propellers, and boat management systems as well as power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems.

Executives

Kevin M. Olsen	director	C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Juliann Larimer	director	C/O ZEBRA TECHNOLOGIES CORPORATION, 333 CORPORATE WOODS PARKWAY, VERNON HILLS IL 60061
Michael Doar	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
David B Rayburn	director
Malcolm F Moore	director	143 WATER STREET, 143 WATER STREET, WEST BEND WI 53095
Christopher Daniel Bridleman	officer: VP Global Operations	1328 RACINE STREET, RACINE WI 53403
Denise Wilcox	officer: VP-HUMAN RESOURCES	1328 RACINE STREET, RACINE WI 53403
Jeffrey Scott Knutson	officer: Corporate Controller	1328 RACINE STREET, RACINE WI 53403
John H Batten	officer: VP-GM - Marine	1328 RACINE ST., RACINE WI 53403
David R Zimmer	director	1255 INDIAN MOUND WEST, BLOOMFIELD MI 48301
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Janet Plaut Giesselman	director	25435 HARVARD RD., BEACHWOOD OH 44122