SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'daysinventory'
BA (Boeing Co) Days Inventory
Days Inventory is also known as Days Sales of Inventory (DSI). Boeing Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $79,357 Mil. Boeing Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $19,321 Mil.
Hence, Boeing Co's Days Inventory for the
three
months ended in Dec. 2023 was 374.79.
The historical rank and industry rank for Boeing Co's Days Inventory or its related term are showing as below:
BA'
s Days Inventory Range Over the Past 10 Years
Min: 208.9 Med: 314.98 Max: 494.59
Current: 410.15
During the past 13 years, Boeing Co's highest Days Inventory was 494.59. The lowest was 208.90. And the median was 314.98.
BA's Days Inventory is ranked worse than 89.24% of 288
companies
in the Aerospace & Defense industry
Industry Median: 138.735
vs BA: 410.15
Boeing Co's Days Inventory
declined
from Dec. 2022 (397.74) to Dec. 2023 (374.79).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Boeing Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.24.
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.
Boeing Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 3.60.
Boeing Co Days Inventory Historical Data
The historical data trend for Boeing 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.
* Premium members only.
Boeing Co Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
352.35
452.62
494.59
454.16
411.24
Boeing Co Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
397.74
446.76
401.70
423.67
374.79
Competitive Comparison
For the Aerospace & Defense subindustry, Boeing 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.
Boeing Co Days Inventory Distribution
For the Aerospace & Defense industry and Industrials sector, Boeing Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Boeing Co's Days Inventory falls into.
Boeing Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Boeing Co's Days Inventory for the fiscal year that ended in Dec. 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.
Boeing Co (NYSE:BA) 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.
Boeing Co's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Boeing Co's Inventory to Revenue for the
three
months ended in Dec. 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.
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.
Boeing Co Days Inventory Related Terms
Thank you for viewing the detailed overview of Boeing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.
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