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Astronics Days Inventory

: 137.29 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Astronics's Average Total Inventories for the three months ended in Jun. 2022 was $170.6 Mil. Astronics's Cost of Goods Sold for the three months ended in Jun. 2022 was $113.4 Mil. Hence, Astronics's Days Inventory for the three months ended in Jun. 2022 was 137.29.

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

ATRO' s Days Inventory Range Over the Past 10 Years
Min: 74.01   Med: 87.05   Max: 151.29
Current: 147.17

During the past 13 years, Astronics's highest Days Inventory was 151.29. The lowest was 74.01. And the median was 87.05.

ATRO's Days Inventory is ranked worse than
54.47% of 257 companies
in the Aerospace & Defense industry
Industry Median: 131.05 vs ATRO: 147.17

Astronics's Days Inventory declined from Jun. 2021 (147.40) to Jun. 2022 (137.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Astronics's Inventory Turnover for the three months ended in Jun. 2022 was 0.66.

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. Astronics's Inventory-to-Revenue for the three months ended in Jun. 2022 was 1.32.


Astronics Days Inventory Historical Data

The historical data trend for Astronics'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.

Astronics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.91 84.68 84.20 136.22 151.29

Astronics Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 147.40 150.12 147.15 153.44 137.29

Competitive Comparison

For the Aerospace & Defense subindustry, Astronics'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.

   

Astronics Days Inventory Distribution

For the Aerospace & Defense industry and Industrials sector, Astronics's Days Inventory distribution charts can be found below:

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



Astronics Days Inventory Calculation

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

Astronics's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (157.059 + 157.576) / 2 ) / 379.545*365
=157.3175 / 379.545*365
=151.29

Astronics's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (166.088 + 175.204) / 2 ) / 113.418*365 / 4
=170.646 / 113.418*365 / 4
=137.29

* 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.


Astronics  (NAS:ATRO) 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.

Astronics's Inventory Turnover for the three months ended in Jun. 2022 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.

Astronics's Inventory to Revenue for the three months ended in Jun. 2022 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.


Astronics Days Inventory Related Terms

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


Astronics Business Description

Astronics logo
Traded in Other Exchanges
Address
130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Keane Robert S director, 10 percent owner VISTAPRINT USA, INCORPORATED 100 HAYDEN AVE. LEXINGTON MA 02421
Calaway Tonit M director HARLEY-DAVIDSON MOTOR COMPANY 3700 WEST JUNEAU AVENUE MILWAUKEE WI 53208
Kuehn Michael C officer: Executive Vice President 130 COMMERCE WAY EAST AURORA NY 14052
Moran Mark J director 1600 SMITH STREET HQSEO HOUSTON TX 77002
Keane Daniel G 10 percent owner 1801 ELMWOOD AVE BUFFALO NY 14207
5096 Saranac Llc 10 percent owner 1801 ELMWOOD AVENUE SUITE 1 BUFFALO NY 14207-2463
Mulato James other: Pres Astronics Test Systems 4 GOODYEAR IRVINE CA 92677
Frisby Jeffry D director C/O QUAKER CHEMICAL CORPORATION ONE QUAKER PARK, 901 HECTOR STREET CONSHOHOCKEN PA 19428
Johnson Warren C director P.O. BOX 189 13133 BEAR ROAD WALES CENTER NY 14169
Kim Neil Y. director MARVELL SEMICONDUCTOR, INC. 5488 MARVELL LANE SANTA CLARA CA 95054
Kevin T. Keane 2016 Grat 10 percent owner 1801 ELMWOOD AVENUE, SUITE 1 BUFFALO NY 14207-2463
Hedges Nancy L officer: Principal Accounting Officer 130 COMMERCE WAY EAST AURORA NY 14052
Peabody Mark officer: VP Astronics Advanced Electron 130 COMMERCE WAY EAST AURORA NY 14052
Kramer James S officer: VP Luminescent Systems, Inc. 130 COMMERCE WAY EAST AURORA NY 14052
Boushie Raymond W director 124 LUUREL LANE PONTE VEDRA BEACH FL 32082

Astronics Headlines

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