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DMC Global (DMC Global) Inventory Turnover : 0.73 (As of Dec. 2023)


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What is DMC Global Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. DMC Global's Cost of Goods Sold for the three months ended in Dec. 2023 was $128.7 Mil. DMC Global's Average Total Inventories for the quarter that ended in Dec. 2023 was $176.2 Mil. DMC Global's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DMC Global's Days Inventory for the three months ended in Dec. 2023 was 124.98.

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. DMC Global's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.01.


DMC Global Inventory Turnover Historical Data

The historical data trend for DMC Global's Inventory Turnover 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.

DMC Global Inventory Turnover Chart

DMC Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.82 3.24 2.27 3.34 3.14

DMC Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory Turnover Get a 7-Day Free Trial 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 0.84 0.79 0.68 0.63 0.73

DMC Global Inventory Turnover Calculation

DMC Global's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=507.136 / ((156.59 + 166.712) / 2 )
=507.136 / 161.651
=3.14

DMC Global's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=128.682 / ((185.777 + 166.712) / 2 )
=128.682 / 176.2445
=0.73

* 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.


DMC Global  (NAS:BOOM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

DMC Global's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=176.2445/128.682*365 / 4
=124.98

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.

DMC Global's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=176.2445 / 174.036
=1.01

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


DMC Global Inventory Turnover Related Terms

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DMC Global (DMC Global) Business Description

Traded in Other Exchanges
Address
11800 Ridge Parkway, Suite 300, Broomfield, CO, USA, 80021
DMC Global Inc operates a diversified family of technical product and process businesses serving the energy, industrial and infrastructure markets. Its business is organized into three segments: Arcadia, DynaEnergetics, and NobelClad. Arcadia is a provider of architectural building products and operates in two divisions - Commercial and Residential. NobelClad is involved in the production of explosion-welded clad metal plates for use in the construction of corrosion-resistant industrial processing equipment and specialized transition joints. DynaEnergetics driver, designs manufactures and distributes products utilized by the oil and gas industry principally for the perforation of oil and gas wells.
Executives
Richard P Graff director 2339 WOODBURY LANE, EVERGREEN CO 80439
Ouma Sananikone director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Brett A. Seger officer: Chief Accounting Officer 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Eric V. Walter officer: Chief Financial Officer 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Chilcoff James W. Jr. officer: President of Arcadia 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Robert A Cohen director C/O DYNAMIC MATERIALS, INC., 5405 SPINE ROAD, BOULDER CO 80301
Kevin T Longe director, officer: President and CEO C/O LYDALL, INC., ONE COLONIAL ROAD, P.O. BOX 151, MANCHESTER CT 06045-0151
James Schladen officer: President of Arcadia 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
David C Aldous director C/O DYNAMIC MATERIALS, INC., 5405 SPINE ROAD, BOULDER CO 80301
Michael Kuta officer: Chief Financial Officer C/O DYNAMIC MATERIALS CORPORATION, 5405 SPINE ROAD, BOULDER CO 80301
Antoine Nobili officer: President of NobelClad 11800 RIDGE PARKWAY, SUITE 300, BROOMFIELD CO 80021
Michelle H Shepston officer: Chief Legal Officer C/O DYNAMIC MATERIALS CORPORATION, 5405 SPINE ROAD, BOULDER CO 80301
Yvon Pierre Cariou director
Ruth Dreessen director 6850 VERSAR CENTER, SPRINGFIELD VA 22151
Ian Grieves officer: Pres & Gen Mgr, DynaEnergetics C/O DYNAMIC MATERIALS, INC., 5405 SPINE ROAD, BOULDER CO 80301