Raven Industries (Raven Industries) Days Inventory : 87.83 (As of Jul. 2021)

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What is Raven Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Raven Industries's Average Total Inventories for the three months ended in Jul. 2021 was $69.5 Mil. Raven Industries's Cost of Goods Sold for the three months ended in Jul. 2021 was $72.3 Mil. Hence, Raven Industries's Days Inventory for the three months ended in Jul. 2021 was 87.83.

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

RAVN' s Days Inventory Range Over the Past 10 Years
Min: 66.15 Med: 72.95 Max: 96.37
Current: 80.11

During the past 13 years, Raven Industries's highest Days Inventory was 96.37. The lowest was 66.15. And the median was 72.95.

RAVN's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 120.1 vs RAVN: 80.11

Raven Industries's Days Inventory declined from Jul. 2020 (89.85) to Jul. 2021 (87.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Raven Industries's Inventory Turnover for the three months ended in Jul. 2021 was 1.04.

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. Raven Industries's Inventory-to-Revenue for the three months ended in Jul. 2021 was 0.61.

Raven Industries Days Inventory Historical Data

The historical data trend for Raven Industries'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.

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Raven Industries Days Inventory Chart

Raven Industries Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Days Inventory

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80.78

69.71

72.85

76.15

84.38

Raven Industries Quarterly Data
	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21
Days Inventory	Get a 7-Day Free Trial															89.85	70.53	80.20	73.07	87.83

Competitive Comparison of Raven Industries's Days Inventory

For the Specialty Industrial Machinery subindustry, Raven Industries'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.

Raven Industries's Days Inventory Distribution in the Industrial Products Industry

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

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

Raven Industries Days Inventory Calculation

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

Raven Industries's Days Inventory for the fiscal year that ended in Jan. 2021 is calculated as

	Days Inventory (A: Jan. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2020 )	+	Total Inventories (A: Jan. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2021 )	*	Days in Period
=	( (53.899	+	52.703)	/	2 )	/	230.557	*	365
=	53.301					/	230.557	*	365
=	84.38

Raven Industries's Days Inventory for the quarter that ended in Jul. 2021 is calculated as:

	Days Inventory (Q: Jul. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2021 )	+	Total Inventories (Q: Jul. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2021 )	*	Days in Period
=	( (63.407	+	75.692)	/	2 )	/	72.257	*	365 / 4
=	69.5495					/	72.257	*	365 / 4
=	87.83

Raven Industries (NAS:RAVN) 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.

Raven Industries's Inventory Turnover for the three months ended in Jul. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	72.257	/	69.5495
	=	1.04

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.

Raven Industries's Inventory to Revenue for the three months ended in Jul. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	69.5495	/	114.426
	=	0.61

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.

Raven Industries Days Inventory Related Terms

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

Raven Industries (Raven Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Raven Industries Inc (NAS:RAVN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 East 6th Street, P.O. Box 5107, Sioux Falls, SD, USA, 57117- 5107

Website

http://www.ravenind.com

Raven Industries Inc is a diversified technology company providing products to customers within the industrial, agricultural, energy, construction, and defense markets. The company has three reportable segments namely Applied Technology, Engineered Films Division, and Aerostar Division. Applied Technology sells its precision agriculture control products to both original equipment manufacturers and through aftermarket distribution partners. Its Engineered Films produces high-performance plastic films and sheeting for geomembrane, agricultural, construction, and industrial applications, and Aerostar serves the aerospace/defense, radar, and lighter-than-air markets. It generates a majority of its revenue from the Engineered Films segment.

Executives

Brian E Meyer	officer: Division Vice President & GM	P.O. BOX 5107 SIOUX FALLS SD 57117
Marc E Lebaron	director	600 WEST E STREET, LINCOLN NE 68522
Steven E Brazones	officer: VP & CFO, Treasurer	P.O. BOX 5107 SIOUX FALLS SD 57117
Jason M Andringa	director	PO BOX 5107 SIOUX FALLS SD 57117
Lee A Magnuson	officer: General Counsel and VP	P.O. BOX 5107 SIOUX FALLS SD 57117-5107
Lois M Martin	director	PO BOX 1101, ADC TELCOMMUNICATIONS INC, MINNEAPOLIS MN 55440-1104
Janet M Holloway	director	MONSANTO COMPANY 800 N. LINDBERGH BLVD. ST. LOUIS MO 63167
Thomas S Everist	director
Rick Parod	director	2707 N 108TH STREET STE102, OMAHA NE 68164
Kevin T. Kirby	director	P.O. BOX 5107 SIOUX FALLS SD 57117
Nicole M Freesemann	officer: Vice President HR	P.O. BOX 5107 SIOUX FALLS SD 57117-5107
Scott W Wickersham	officer: Div VP & General Manager	P.O. BOX 5107 SIOUX FALLS SD 57117-5107
Johnson Schmidt Anthony D	officer: Division VP and GM	P.O. BOX 5107 SIOUX FALLS SD 57117
Daniel A Rykhus	director, officer: President & CEO	C/O RAVEN INDUSTRIES, PO BOX 5107, SIOUX FALLS SD 57117
David L Chicoine	director	800 NORTH LINDBERGH BLVD. ST. LOUIS MO 63167