Motorola Solutions (Motorola Solutions) Days Inventory : 58.45 (As of Dec. 2023)

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What is Motorola Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Motorola Solutions's Average Total Inventories for the three months ended in Dec. 2023 was $893 Mil. Motorola Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,394 Mil. Hence, Motorola Solutions's Days Inventory for the three months ended in Dec. 2023 was 58.45.

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

MSI' s Days Inventory Range Over the Past 10 Years
Min: 32.27 Med: 40.36 Max: 72.04
Current: 72.04

During the past 13 years, Motorola Solutions's highest Days Inventory was 72.04. The lowest was 32.27. And the median was 40.36.

MSI's Days Inventory is ranked better than
68.65% of 2405 companies
in the Hardware industry
Industry Median: 103.88 vs MSI: 72.04

Motorola Solutions's Days Inventory declined from Dec. 2022 (74.43) to Dec. 2023 (58.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Motorola Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 1.56.

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. Motorola Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.31.

Motorola Solutions Days Inventory Historical Data

The historical data trend for Motorola Solutions'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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Motorola Solutions Days Inventory Chart

Motorola Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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37.04

45.79

57.25

68.88

68.58

Motorola Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															74.43	86.67	79.00	70.76	58.45

Competitive Comparison of Motorola Solutions's Days Inventory

For the Communication Equipment subindustry, Motorola Solutions'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.

Motorola Solutions's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Motorola Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Motorola Solutions's Days Inventory falls into.

Motorola Solutions Days Inventory Calculation

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

Motorola Solutions's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1055	+	827)	/	2 )	/	5008	*	365
=	941					/	5008	*	365
=	68.58

Motorola Solutions's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (959	+	827)	/	2 )	/	1394	*	365 / 4
=	893					/	1394	*	365 / 4
=	58.45

Motorola Solutions (NYSE:MSI) 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.

Motorola Solutions's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1394	/	893
	=	1.56

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.

Motorola Solutions's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	893	/	2849
	=	0.31

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.

Motorola Solutions Days Inventory Related Terms

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

Motorola Solutions (Motorola Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Motorola Solutions Inc (NYSE:MSI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

1MSI:Italy MTLA:Germany MTLA:Germany MTLA:Germany M1SI34:Brazil MOSI:Austria MSI:Argentina

Address

500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661

Website

https://www.motorolasolutions.com

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Executives

John P Molloy	officer: EVP and COO	500 WEST MONROE ST., CHICAGO IL 60661
Cynthia Yazdi	officer: SVP, Communications & Brand	500 WEST MONROE STREET, CHICAGO IL 60661
Jason J Winkler	officer: EVP and CFO	500 WEST MONROE STREET, CHICAGO IL 60661
Rajan Naik	officer: SVP, Strategy & Ventures	500 WEST MONROE STREET, CHICAGO IL 60661
James A Niewiara	officer: SVP, GENERAL COUNSEL	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Katherine A Maher	officer: CVP and CAO	500 WEST MONROE ST., CHICAGO IL 60661
Gregory Q Brown	director, officer: Chairman and CEO	500 WEST MONROE ST., CHICAGO IL 60661
Kenneth D Denman	director
Karen E Dunning	officer: SVP, Human Resources	MOTOROLA SOLUTIONS, INC., 500 WEST MONROE ST., CHICAGO IL 60661
Mark S. Hacker	officer: EVP, GC & Chief Admin Officer	500 WEST MONROE ST., CHICAGO IL 60661
Joseph M Tucci	director	EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Clayton M Jones	director	400 COLLINS ROAD NE, CEDAR RAPIDS IA 52498
Judy C Lewent	director	PO BOX 100, WHITEHOUSE STATION NJ 08889
Ayanna Howard	director	111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Mahesh Saptharishi	officer: EVP and CTO	500 WEST MONROE ST., CHICAGO IL 60661