Days Inventory is also known as Days Sales of Inventory (DSI). APi Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $153 Mil. APi Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,251 Mil.
Hence, APi Group's Days Inventory for the
three
months ended in Dec. 2023 was 11.12.
The historical rank and industry rank for APi Group's Days Inventory or its related term are showing as below:
APG'
s Days Inventory Range Over the Past 10 Years
Min: 8.09 Med: 8.5 Max: 11.72
Current: 11.72
During the past 6 years, APi Group's highest Days Inventory was 11.72. The lowest was 8.09. And the median was 8.50.
APG's Days Inventory is ranked better than 74.8% of 1393
companies
in the Construction industry
Industry Median: 48.96
vs APG: 11.72
APi Group's Days Inventory
declined
from Dec. 2022 (11.52) to Dec. 2023 (11.12).
Inventory Turnover measures how fast the company turns over its inventory within a year.
APi Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 8.20.
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.
APi Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.09.
APi Group Days Inventory Historical Data
The historical data trend for APi Group'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 APi Group's Days Inventory
For the Engineering & Construction subindustry, APi Group'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.
APi Group's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, APi Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where APi Group's Days Inventory falls into.
APi Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
APi Group'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.
APi Group (NYSE:APG) 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.
APi Group'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.
APi Group'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.
APi Group Days Inventory Related Terms
Thank you for viewing the detailed overview of APi Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
APi Group Corp operates in two operating segments, 1) Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. 2) Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.
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