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Rush Enterprises Days Inventory

: 76.79 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Rush Enterprises's Average Total Inventories for the three months ended in Jun. 2022 was $1,193 Mil. Rush Enterprises's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,417 Mil. Hence, Rush Enterprises's Days Inventory for the three months ended in Jun. 2022 was 76.79.

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

RUSHB' s Days Inventory Range Over the Past 10 Years
Min: 78.3   Med: 95.06   Max: 103.26
Current: 78.3

During the past 13 years, Rush Enterprises's highest Days Inventory was 103.26. The lowest was 78.30. And the median was 95.06.

RUSHB's Days Inventory is ranked worse than
51.39% of 1189 companies
in the Vehicles & Parts industry
Industry Median: 76.92 vs RUSHB: 78.30

Rush Enterprises's Days Inventory increased from Jun. 2021 (73.84) to Jun. 2022 (76.79). It might indicate that Rush Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rush Enterprises's Inventory Turnover for the three months ended in Jun. 2022 was 1.19.

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. Rush Enterprises's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.67.


Rush Enterprises Days Inventory Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises 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 88.04 95.65 101.70 103.26 84.98

Rush Enterprises 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 73.84 72.68 79.56 79.85 76.79

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.

   

Rush Enterprises Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Days Inventory distribution charts can be found below:

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



Rush Enterprises Days Inventory Calculation

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

Rush Enterprises'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
=( (858.291 + 1020.136) / 2 ) / 4033.844*365
=939.2135 / 4033.844*365
=84.98

Rush Enterprises'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
=( (1111.067 + 1273.969) / 2 ) / 1417.025*365 / 4
=1192.518 / 1417.025*365 / 4
=76.79

* 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.


Rush Enterprises  (NAS:RUSHB) 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.

Rush Enterprises'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.

Rush Enterprises'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.


Rush Enterprises Days Inventory Related Terms

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


Rush Enterprises Business Description

Rush Enterprises logo
Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises is the only publicly traded, standalone commercial truck dealer in North America. With 120 locations, it sells 5.6% of new class 8 trucks as the largest truck dealer on the continent. Vehicle sales include class 4-8 new trucks as well as range of used commercial vehicles. Aftermarket parts and service are key drivers of profitability as they generate approximately 30% of revenue and 65% of gross profit. Rush's class 8 customers include large fleets (32%), mid-size fleets (16%), vocational customers (40%), and owner-operators (12%). In 2019, Rush generated $5.8 billion in revenue.

Rush Enterprises Headlines

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