GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Distribution Solutions Group Inc (NAS:DSGR) » Definitions » Days Inventory

Distribution Solutions Group (Distribution Solutions Group) Days Inventory : 107.32 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Distribution Solutions Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Distribution Solutions Group's Average Total Inventories for the three months ended in Dec. 2023 was $315 Mil. Distribution Solutions Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $268 Mil. Hence, Distribution Solutions Group's Days Inventory for the three months ended in Dec. 2023 was 107.32.

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

DSGR' s Days Inventory Range Over the Past 10 Years
Min: 91.05   Med: 124.28   Max: 151.55
Current: 106.79

During the past 13 years, Distribution Solutions Group's highest Days Inventory was 151.55. The lowest was 91.05. And the median was 124.28.

DSGR's Days Inventory is ranked worse than
58.45% of 142 companies
in the Industrial Distribution industry
Industry Median: 87.29 vs DSGR: 106.79

Distribution Solutions Group's Days Inventory declined from Dec. 2022 (112.74) to Dec. 2023 (107.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Distribution Solutions Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.85.

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. Distribution Solutions Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.78.


Distribution Solutions Group Days Inventory Historical Data

The historical data trend for Distribution Solutions 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.

* Premium members only.

Distribution Solutions Group Days Inventory Chart

Distribution Solutions Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.48 130.22 91.05 95.29 103.99

Distribution Solutions Group 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 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 112.74 113.19 112.42 99.38 107.32

Competitive Comparison of Distribution Solutions Group's Days Inventory

For the Industrial Distribution subindustry, Distribution Solutions 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.


Distribution Solutions Group's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Distribution Solutions Group's Days Inventory distribution charts can be found below:

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



Distribution Solutions Group Days Inventory Calculation

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

Distribution Solutions Group'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
=( (264.374 + 315.984) / 2 ) / 1018.527*365
=290.179 / 1018.527*365
=103.99

Distribution Solutions Group'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
=( (313.337 + 315.984) / 2 ) / 267.555*365 / 4
=314.6605 / 267.555*365 / 4
=107.32

* 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.


Distribution Solutions Group  (NAS:DSGR) 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.

Distribution Solutions 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.

Distribution Solutions 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.


Distribution Solutions Group Days Inventory Related Terms

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


Distribution Solutions Group (Distribution Solutions Group) Business Description

Traded in Other Exchanges
Address
8770 W. Bryn Mawr Avenue, Suite 900, Chicago, IL, USA, 60631
Distribution Solutions Group Inc is an industrial distributor of maintenance and repair supplies. It has three operating segments namely Lawson, TestEquity, and Gexpro Services, of which key revenue is derived from the TestEquity segment. The TestEquity segment is a distributor of test and measurement equipment and solutions, electronic production supplies, and tool kits from its leading manufacturer partners supporting the technology, aerospace, defense, automotive, electronics, education, and medical industries.
Executives
Cesar Lanuza officer: President and CEO 8770 W. BYRN MAWR AVE. SUITE 900, C/O LAWSON PRODUCTS, CHICAGO IL 60634
Lkcm Headwater Investments Iv, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Robert Zamarripa director 8770 W. BYRN MAWR AVE. SUITE 900, C/O DISTRIBUTION SOLUTIONS GROUP, INC., CHICAGO IL 60631
Robert R Connors officer: See Remarks POST OFFICE 792, MUNCIE IN 47308-0792
Russ Frazee officer: See Remarks 8770 W. BYRN MAWR AVE. SUITE 900, C/O LAWSON PRODUCTS, CHICAGO IL 60634
King Luther Capital Management Corp 10 percent owner 301 COMMERCE SUITE 1600, FORT WORTH TX 76102
301 Hw Opus Investors, Llc 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Te Investors, Llc 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Headwater Ii Sidecar Partnership, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
Lkcm Headwater Investments Iii, L.p. 10 percent owner 301 COMMERCE STREET, SUITE 1600, FORT WORTH TX 76102
David S Lambert officer: VP, Controller and CAO 770 W. BRYN MAWR AVE., SUITE 900, CHICAGO IL 60631
Bianca Rhodes director 8770 W. BRYN MAWR AVE. SUITE 900, C/O LAWSON PRODUCTS, CHICAGO IL 60622
Richard D Pufpaf officer: SVP and General Counsel 8770 W. BRYN MAWR AVE. SUITE 900, CHICAGO IL 60631
Matthew Jay Brown officer: SVP, Sales C/O LAWSON PRODUCTS, INC., 8770 WEST BRYN MAWR AVE, SUITE 900, CHICAGO IL 60631
Shane Mccarthy officer: SVP, Operations C/O LAWSON PRODUCTS, INC., 8770 WEST BRYN MAWR AVENUE, SUITE 900, CHICAGO IL 60631