Exelis (FRA:6EX) Days Inventory : 34.18 (As of Mar. 2015)

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What is Exelis Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Exelis's Average Total Inventories for the three months ended in Mar. 2015 was €198 Mil. Exelis's Cost of Goods Sold for the three months ended in Mar. 2015 was €529 Mil. Hence, Exelis's Days Inventory for the three months ended in Mar. 2015 was 34.18.

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

FRA:6EX's Days Inventory is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 148.84
* Ranked among companies with meaningful Days Inventory only.

Exelis's Days Inventory declined from Mar. 2014 (41.06) to Mar. 2015 (34.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Exelis's Inventory Turnover for the three months ended in Mar. 2015 was 2.67.

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. Exelis's Inventory-to-Revenue for the three months ended in Mar. 2015 was 0.27.

Exelis Days Inventory Historical Data

The historical data trend for Exelis'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.

Exelis Days Inventory Chart

Exelis Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Inventory

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22.71

22.68

25.92

39.34

33.04

Exelis Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Days Inventory	Get a 7-Day Free Trial															41.06	26.93	27.59	-	34.18

Competitive Comparison of Exelis's Days Inventory

For the Aerospace & Defense subindustry, Exelis'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.

Exelis's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Exelis's Days Inventory distribution charts can be found below:

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

Exelis Days Inventory Calculation

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

Exelis's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

	Days Inventory (A: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (175.2	+	182.475)	/	2 )	/	1975.596	*	365
=	178.8375					/	1975.596	*	365
=	33.04

Exelis's Days Inventory for the quarter that ended in Mar. 2015 is calculated as:

	Days Inventory (Q: Mar. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2014 )	+	Total Inventories (Q: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
=	( (182.475	+	213.444)	/	2 )	/	528.528	*	365 / 4
=	197.9595					/	528.528	*	365 / 4
=	34.18

Exelis (FRA:6EX) 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.

Exelis's Inventory Turnover for the three months ended in Mar. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	528.528	/	197.9595
	=	2.67

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.

Exelis's Inventory to Revenue for the three months ended in Mar. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	197.9595	/	725.34
	=	0.27

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.

Exelis Days Inventory Related Terms

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

Exelis (FRA:6EX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Exelis Inc (FRA:6EX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.exelisinc.com

Exelis Inc was incorporated in the state of Indiana on May 4, 2011. The Company is a diversified aerospace, defense, information and services Company. The Company operates in two segments: Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) Electronics and Systems and Information and Technical Services to military, government and commercial customers in the United States and internationally. The C4ISR Electronics and Systems segment provides engineered systems and solutions, including: ISR systems; integrated electronic warfare systems; radar and sonar systems; electronic attack and release systems; communications solutions; space systems; and composite aerostructures, for government and commercial customers. The Information and Technical Services segment provides a broad range of service solutions, including: systems integration; network design and development; air traffic management; cyber; intelligence; operations; sustainment; advanced engineering; logistics; and space launch and range-support, for U.S. military and U.S. Government customers. The C4ISR Electronics and Systems' products are classified into Intelligence, Surveillance and Reconnaissance Systems, Integrated Electronic Warfare Systems, Electronic Attack and Release Systems, Radar, Reconnaissance and Undersea Systems, Communications Solutions, Night Vision, Positioning, Navigation and Timing, Aerostructures, and Specialty Applications. Information and Technical Services product lines are classified into Advanced Information Solutions, Civil and Aerospace Systems, Command, Control and Communications Systems, Infrastructure Asset Management, Logistics and Supply Chain Management, and Information Technology and Network Communication Services. The Company's customers include the United States Department of Defense, including U.S. Army, Navy, Marines and Air Force, U.S. Government intelligence agencies, National Aeronautics and Space Administration, Federal Aviation Administration. The Company competes against companies such as Lockheed Martin Corporation, The Boeing Company, Raytheon Company, General Dynamics Corporation, L-3 Communications Corporation, SAIC Inc., Northrop Grumman Corporation, Harris Corporation and BAE Systems, Inc. Internationally, it also competes against these same companies as well as Thales Group, EADS N.V., Finmeccanica S.p.A., among others The Company is subject to federal, state and local environmental laws and regulations.

Exelis (FRA:6EX) Headlines

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