Days Inventory is also known as Days Sales of Inventory (DSI). Clarcor's Average Total Inventories for the
three
months ended in Nov. 2016 was $244 Mil. Clarcor's Cost of Goods Sold for the
three
months ended in Nov. 2016 was $252 Mil.
Hence, Clarcor's Days Inventory for the
three
months ended in Nov. 2016 was 88.35.
The historical rank and industry rank for Clarcor's Days Inventory or its related term are showing as below:
CLC's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.85 * Ranked among companies with meaningful Days Inventory only.
Clarcor's Days Inventory
declined
from Nov. 2015 (102.41) to Nov. 2016 (88.35).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Clarcor's Inventory Turnover for the
three
months ended in Nov. 2016 was 1.03.
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.
Clarcor's Inventory-to-Revenue for the
three
months ended in Nov. 2016 was 0.65.
Clarcor Days Inventory Historical Data
The historical data trend for Clarcor'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 Clarcor's Days Inventory
For the Pollution & Treatment Controls subindustry, Clarcor'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.
Clarcor's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Clarcor's Days Inventory distribution charts can be found below:
* The bar in red indicates where Clarcor's Days Inventory falls into.
Clarcor Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Clarcor's Days Inventory for the fiscal year that ended in Nov. 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.
Clarcor (NYSE:CLC) 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.
Clarcor's Inventory Turnover for the
three
months ended in Nov. 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.
Clarcor's Inventory to Revenue for the
three
months ended in Nov. 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.
Clarcor Days Inventory Related Terms
Thank you for viewing the detailed overview of Clarcor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Clarcor Inc was organized in 1904 as an Illinois corporation and in 1969 was reincorporated in the State of Delaware. The Company conducts business in three main industry segments: Engine/ Mobile Filtration; Industrial/ Environmental Filtration; and Packaging. The Company's Engine/Mobile Filtration segment manufactures and sells filtration products for engines used in stationary power generation and for engines in mobile equipment applications, including trucks, automobiles, buses and locomotives, and marine, construction, industrial, mining and agricultural equipment. The products in the Engine/Mobile Filtration segment include oil, air, fuel, coolant, transmission and hydraulic fluid filters which are used in a variety of applications and in processes where filter efficiency, capacity and reliability are essential. The Company's Industrial/Environmental Filtration segment includes liquid process filtration products and air filtration products and systems used to maintain high interior air quality and to control exterior pollution. The segment's liquid process filtration products include specialty industrial process liquid filters; filters for pharmaceutical processes and beverages; filtration systems, filters and coalescers for the oil and natural gas industry; filtration systems for aircraft refueling, anti-pollution, sewage treatment and water recycling; bilge water separators; sand control filters for oil and gas drilling; and woven wire and metallic products for filtration of plastics and polymer fibers. These filters use a variety of string wound, meltblown, porous and sintered and non-sintered metal media, woven wire and absorbent media. The segment's air filtration products represent air filters and cleaners, including antimicrobial treated filters and high efficiency electronic air cleaners. These products are used in commercial buildings, hospitals, factories, residential buildings, residences, paint spray booths, gas turbine systems, medical facilities, motor vehicle cabins, aircraft cabins, clean rooms, compressors and dust collector systems. The Company's Packaging segment is conducted by a wholly-owned subsidiary, J.L. Clark, Inc. Products in both the Engine/Mobile Filtration and Industrial/Environmental Filtration segments are sold through a combination of independent distributors, dealers for original equipment manufacturers, retail stores and directly to end-use customers such as truck and equipment fleet users, manufacturing companies and contractors. The primary raw materials the Company uses to manufacture and package its products include various types of steel, adhesives, petrochemical-based materials, wood based products and filter medias made from materials such as wood pulps, metals, polyester, polypropylene, fiberglass and other synthetic fibers. Products in both the Engine/Mobile Filtration and Industrial/Environmental Filtration segments are sold through a combination of independent distributors, OEMs
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