Days Inventory is also known as Days Sales of Inventory (DSI). WD-40 Co's Average Total Inventories for the
three
months ended in Feb. 2024 was $79.8 Mil. WD-40 Co's Cost of Goods Sold for the
three
months ended in Feb. 2024 was $66.2 Mil.
Hence, WD-40 Co's Days Inventory for the
three
months ended in Feb. 2024 was 110.08.
The historical rank and industry rank for WD-40 Co's Days Inventory or its related term are showing as below:
WDFC'
s Days Inventory Range Over the Past 10 Years
Min: 66.82 Med: 73.66 Max: 132.26
Current: 121.99
During the past 13 years, WD-40 Co's highest Days Inventory was 132.26. The lowest was 66.82. And the median was 73.66.
WDFC's Days Inventory is ranked worse than 71.49% of 1494
companies
in the Chemicals industry
Industry Median: 83.765
vs WDFC: 121.99
WD-40 Co's Days Inventory
declined
from Feb. 2023 (161.99) to Feb. 2024 (110.08).
Inventory Turnover measures how fast the company turns over its inventory within a year.
WD-40 Co's Inventory Turnover for the
three
months ended in Feb. 2024 was 0.83.
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.
WD-40 Co's Inventory-to-Revenue for the
three
months ended in Feb. 2024 was 0.57.
WD-40 Co Days Inventory Historical Data
The historical data trend for WD-40 Co'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 WD-40 Co's Days Inventory
For the Specialty Chemicals subindustry, WD-40 Co'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.
WD-40 Co's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, WD-40 Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where WD-40 Co's Days Inventory falls into.
WD-40 Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WD-40 Co's Days Inventory for the fiscal year that ended in Aug. 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.
WD-40 Co (NAS:WDFC) 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.
WD-40 Co's Inventory Turnover for the
three
months ended in Feb. 2024 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.
WD-40 Co's Inventory to Revenue for the
three
months ended in Feb. 2024 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.
WD-40 Co Days Inventory Related Terms
Thank you for viewing the detailed overview of WD-40 Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
WD-40 Co manufactures and sells lubricants and cleaning products. The firm's product categories include maintenance and cleaning products. Maintenance products include the WD-40 signature brand aerosol spray lubricant as well as degreasers, rust removers, and bicycle maintenance products. Cleaning products include toilet cleaners, carpet stain removers and deodorizers, and heavy-duty hand soaps used to clean grease. The company organizes itself into three segments based on geography: Americas, Europe/Middle East/Africa, and Asia-Pacific. Around half of the company's revenue comes from the Americas segment, which includes the United States, Canada, and Latin America.
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