Days Inventory is also known as Days Sales of Inventory (DSI). Accuride's Average Total Inventories for the
three
months ended in Sep. 2016 was $37.5 Mil. Accuride's Cost of Goods Sold for the
three
months ended in Sep. 2016 was $113.3 Mil.
Hence, Accuride's Days Inventory for the
three
months ended in Sep. 2016 was 30.20.
The historical rank and industry rank for Accuride's Days Inventory or its related term are showing as below:
ACW's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 81.295 * Ranked among companies with meaningful Days Inventory only.
Accuride's Days Inventory
increased
from Sep. 2015 (24.33) to Sep. 2016 (30.20).
It might indicate that Accuride's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Accuride's Inventory Turnover for the
three
months ended in Sep. 2016 was 3.02.
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.
Accuride's Inventory-to-Revenue for the
three
months ended in Sep. 2016 was 0.30.
Accuride Days Inventory Historical Data
The historical data trend for Accuride'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 Accuride's Days Inventory
For the Auto Parts subindustry, Accuride'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.
Accuride's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Accuride's Days Inventory distribution charts can be found below:
* The bar in red indicates where Accuride's Days Inventory falls into.
Accuride Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Accuride's Days Inventory for the fiscal year that ended in Dec. 2015 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.
Accuride (NYSE:ACW) 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.
Accuride's Inventory Turnover for the
three
months ended in Sep. 2016 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.
Accuride's Inventory to Revenue for the
three
months ended in Sep. 2016 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.
Accuride Days Inventory Related Terms
Thank you for viewing the detailed overview of Accuride's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Accuride Corp is a Delaware corporation, and a corporation formed under the laws of the province of Ontario, Canada, and a wholly owned subsidiary of Accuride, were incorporated in November 1986 for the purpose of acquiring all of the assets and assuming certain of the liabilities of Firestone Steel Products, a division of The Firestone Tire & Rubber Company. The Company is one of the manufacturers and suppliers of commercial vehicle components in North America. Its products include commercial vehicle wheels, wheel-end components and assemblies, truck body and chassis parts, and ductile and gray iron castings. It markets its products under some of the recognized brand names in the industry, including Accuride, Gunite, Imperial, and Brillion. Its main product lines are standard equipment used by a majority of North American heavy- and medium-duty truck OEMs. The Company's business consists of three operating segments that design, manufacture, and distribute components for the commercial vehicle market, including heavy- and medium-duty trucks, commercial trailers, light trucks, buses, as well as specialty and military vehicles and their related aftermarket channels and for the global industrial, mining and construction markets. The Wheels segment's products consist of steel and aluminum wheels. The Gunite segment's products consist of wheel-end components and assemblies. The Brillion Iron Works segment's products consist of ductile, austempered ductile and gray iron castings, including engine and transmission components and industrial components. The Company designs, produces, and markets one of the broadest portfolios of commercial vehicle components in the industry. It classifies its products under several categories, including wheels, wheel-end components and assemblies, and ductile and gray iron castings. The Company markets its components to major North American heavy- and medium-duty truck and commercial trailer OEMs, as well as to the major aftermarket participants, including OEM dealer networks, wholesale distributors, and aftermarket buying groups. The Company's competitors in the wheel markets include Alcoa Inc. and Maxion Wheels. Its competitors in the wheel-ends and assemblies markets for heavy- and medium-duty trucks and commercial trailers are KIC Holdings, Inc., Meritor, Inc., Consolidated Metco Inc., and Webb Wheel Products Inc. The Company's registered trademark include Accuride, Brillion, and Gunite. The Company's operations, facilities, and properties are subject to extensive and evolving laws and regulations pertaining to air emissions, wastewater and stormwater discharges, the handling and disposal of solid and hazardous materials and wastes, the investigation and remediation of contamination, and otherwise relating to health, safety, and the protection of the environment and natural resources.
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