Days Inventory is also known as Days Sales of Inventory (DSI). Westport Fuel Systems's Average Total Inventories for the
three
months ended in Dec. 2023 was $72.2 Mil. Westport Fuel Systems's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $79.2 Mil.
Hence, Westport Fuel Systems's Days Inventory for the
three
months ended in Dec. 2023 was 83.22.
The historical rank and industry rank for Westport Fuel Systems's Days Inventory or its related term are showing as below:
WPRT'
s Days Inventory Range Over the Past 10 Years
Min: 72.93 Med: 102.61 Max: 151.67
Current: 101.31
During the past 13 years, Westport Fuel Systems's highest Days Inventory was 151.67. The lowest was 72.93. And the median was 102.61.
WPRT's Days Inventory is ranked worse than 64.06% of 1255
companies
in the Vehicles & Parts industry
Industry Median: 81.83
vs WPRT: 101.31
Westport Fuel Systems's Days Inventory
declined
from Dec. 2022 (102.09) to Dec. 2023 (83.22).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Westport Fuel Systems's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.10.
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.
Westport Fuel Systems's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.83.
Westport Fuel Systems Days Inventory Historical Data
The historical data trend for Westport Fuel Systems'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.
Competitive Comparison of Westport Fuel Systems's Days Inventory
For the Auto Parts subindustry, Westport Fuel Systems'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.
Westport Fuel Systems's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Westport Fuel Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where Westport Fuel Systems's Days Inventory falls into.
Westport Fuel Systems Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Westport Fuel Systems's Days Inventory for the fiscal year that 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.
Westport Fuel Systems (NAS:WPRT) 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.
Westport Fuel Systems'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.
Westport Fuel Systems'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.
Westport Fuel Systems Days Inventory Related Terms
Thank you for viewing the detailed overview of Westport Fuel Systems's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Westport Fuel Systems (Westport Fuel Systems) Business Description
Westport Fuel Systems Inc is an organization engaged in the engineering, manufacturing, and supply of alternative fuel systems and components for transportation applications. It has three operating segments; the Original Equipment Manufacturers segment-design, manufacture, and sell alternative fuel systems, components and electronics, and related engineering services, to OEMs that serve light-duty, medium-duty, and heavy-duty customers, the Independent Aftermarket segment includes IAM products, conversion kits, and components allow for the conversion of vehicles after being sold to the end-user through a network of dealers and installers, and Corporate includes public company activities, corporate oversight, financing, and capital allocation.
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