General Electric Co (NYSE:GE) Days Inventory

: 121.75 (As of Jun. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). General Electric Co's Average Total Inventories for the three months ended in Jun. 2023 was $16,494 Mil. General Electric Co's Cost of Goods Sold for the three months ended in Jun. 2023 was $12,362 Mil. Hence, General Electric Co's Days Inventory for the three months ended in Jun. 2023 was 121.75.

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

GE' s Days Inventory Range Over the Past 10 Years
Min: 74.74 Med: 91.08 Max: 117.89
Current: 117.89

During the past 13 years, General Electric Co's highest Days Inventory was 117.89. The lowest was 74.74. And the median was 91.08.

GE's Days Inventory is ranked better than
50.69% of 2829 companies
in the Industrial Products industry
Industry Median: 119.74 vs GE: 117.89

General Electric Co's Days Inventory declined from Jun. 2022 (147.92) to Jun. 2023 (121.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. General Electric Co's Inventory Turnover for the three months ended in Jun. 2023 was 0.75.

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. General Electric Co's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.99.

General Electric Co Days Inventory Historical Data

The historical data trend for General Electric 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.

General Electric Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

87.36

87.29

104.40

107.47

109.27

General Electric Co Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Inventory																147.92	111.40	103.06	142.89	121.75

Competitive Comparison

For the Specialty Industrial Machinery subindustry, General Electric 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.

Annual Data Quarterly Data

General Electric Co Days Inventory Distribution

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

* The bar in red indicates where General Electric Co's Days Inventory falls into.

General Electric Co Days Inventory Calculation

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

General Electric Co's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (15847	+	17403)	/	2 )	/	55535	*	365
=	16625					/	55535	*	365
=	109.27

General Electric Co's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (16198	+	16789)	/	2 )	/	12362	*	365 / 4
=	16493.5					/	12362	*	365 / 4
=	121.75

General Electric Co (NYSE:GE) 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.

General Electric Co's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12362	/	16493.5
	=	0.75

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.

General Electric Co's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16493.5	/	16698
	=	0.99

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.

General Electric Co Days Inventory Related Terms

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

General Electric Co (NYSE:GE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » General Electric Co (NYSE:GE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GE:Peru GE:Mexico GEC:UK GNE:France GCP:Germany GE:Germany GCP:Germany GCP:Germany GE:Chile GE:Switzerland GEOO34:Brazil GE:Argentina

Address

5 Necco Street, Boston, MA, USA, 02210

Website

https://www.ge.com

GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by former Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the storied conglomerate based on lean principles.

Executives

Rahul Ghai	officer: Senior Vice President	GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Jessica R. Uhl	director	200 WEST STREET, NEW YORK NY 10282
Darren W Mcdew	director	100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Thomas S Timko	officer: Vice President	300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
L Kevin Cox	officer: Senior Vice President	THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Russell Stokes	officer: Senior Vice President	ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Scott Strazik	officer: Senior Vice President	ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Michael J Holston	officer: Senior Vice President	GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Happe Carolina Dybeck	officer: Senior Vice President	5 NECCO STREET, BOSTON MA 02210
John S. Slattery	officer: Executive Vice President	5 NECCO STREET, BOSTON MA 02210
Thomas W Horton	director	4333 AMON CARTER BLVD., FORTH WORTH TX 76155
Isabella D Goren	director	C/O LYONDELLBASELL INDUSTRIES N V, DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Francisco Dsouza	director	500 GLENPOINTE CENTRE W, TEANECK NJ 07666
Risa J Lavizzo-mourey	director	GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 60661
Paula Rosput Reynolds	director	605 HILLSIDE DRIVE EAST, SEATTLE WA 98112