Days Inventory is also known as Days Sales of Inventory (DSI). Quanex Building Products's Average Total Inventories for the
three
months ended in Jan. 2024 was $103 Mil. Quanex Building Products's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $188 Mil.
Hence, Quanex Building Products's Days Inventory for the
three
months ended in Jan. 2024 was 49.93.
The historical rank and industry rank for Quanex Building Products's Days Inventory or its related term are showing as below:
NX'
s Days Inventory Range Over the Past 10 Years
Min: 33.74 Med: 39.89 Max: 48.56
Current: 48.56
During the past 13 years, Quanex Building Products's highest Days Inventory was 48.56. The lowest was 33.74. And the median was 39.89.
NX's Days Inventory is ranked better than 50.07% of 1392
companies
in the Construction industry
Industry Median: 48.8
vs NX: 48.56
Quanex Building Products's Days Inventory
declined
from Jan. 2023 (53.98) to Jan. 2024 (49.93).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Quanex Building Products's Inventory Turnover for the
three
months ended in Jan. 2024 was 1.83.
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.
Quanex Building Products's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.43.
Quanex Building Products Days Inventory Historical Data
The historical data trend for Quanex Building Products'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 Quanex Building Products's Days Inventory
For the Building Products & Equipment subindustry, Quanex Building Products'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.
Quanex Building Products's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, Quanex Building Products's Days Inventory distribution charts can be found below:
* The bar in red indicates where Quanex Building Products's Days Inventory falls into.
Quanex Building Products Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Quanex Building Products's Days Inventory for the fiscal year that ended in Oct. 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.
Quanex Building Products (NYSE:NX) 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.
Quanex Building Products's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Quanex Building Products's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Quanex Building Products Days Inventory Related Terms
Thank you for viewing the detailed overview of Quanex Building Products's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Quanex Building Products (Quanex Building Products) Business Description
Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its three operating segments are North American Fenestration being the key revenue driver, European Fenestration, and North American Cabinet Components. Geographically, it derives a majority of revenue from the United States.
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