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AAR (AIR) Days Inventory : 130.71 (As of Feb. 2025)


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What is AAR Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AAR's Average Total Inventories for the three months ended in Feb. 2025 was $783 Mil. AAR's Cost of Goods Sold for the three months ended in Feb. 2025 was $547 Mil. Hence, AAR's Days Inventory for the three months ended in Feb. 2025 was 130.71.

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

AIR' s Days Inventory Range Over the Past 10 Years
Min: 104.33   Med: 124.2   Max: 154.3
Current: 124.65

During the past 13 years, AAR's highest Days Inventory was 154.30. The lowest was 104.33. And the median was 124.20.

AIR's Days Inventory is ranked better than
56.33% of 300 companies
in the Aerospace & Defense industry
Industry Median: 145.825 vs AIR: 124.65

AAR's Days Inventory declined from Feb. 2024 (131.52) to Feb. 2025 (130.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. AAR's Inventory Turnover for the three months ended in Feb. 2025 was 0.70.

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. AAR's Inventory-to-Revenue for the three months ended in Feb. 2025 was 1.15.


AAR Days Inventory Historical Data

The historical data trend for AAR'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.

AAR Days Inventory Chart

AAR Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.09 154.30 132.15 126.66 127.13

AAR Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 131.52 121.10 124.12 125.88 130.71

Competitive Comparison of AAR's Days Inventory

For the Aerospace & Defense subindustry, AAR'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.


AAR's Days Inventory Distribution in the Aerospace & Defense Industry

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

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


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AAR Days Inventory Calculation

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

AAR's Days Inventory for the fiscal year that ended in May. 2024 is calculated as

Days Inventory (A: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (574.1 + 733.1) / 2 ) / 1876.6*365
=653.6 / 1876.6*365
=127.13

AAR's Days Inventory for the quarter that ended in Feb. 2025 is calculated as:

Days Inventory (Q: Feb. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2024 ) + Total Inventories (Q: Feb. 2025 )) / count ) / Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=( (790 + 775.7) / 2 ) / 546.5*365 / 4
=782.85 / 546.5*365 / 4
=130.71

* 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.


AAR  (NYSE:AIR) 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.

AAR's Inventory Turnover for the three months ended in Feb. 2025 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.

AAR's Inventory to Revenue for the three months ended in Feb. 2025 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.


AAR Days Inventory Related Terms

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


AAR Business Description

Traded in Other Exchanges
Address
1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, USA, 60191
AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in three segments namely Parts Supply, Repair & Engineering, and Integrated Solutions. The parts supply segment majorly consists of sales and leasing of USM and aftermarket distribution of new, OEM-supplied replacement parts. Repair & Engineering segment provides airframe maintenance, component repair, and landing gear overhaul services. Integrated Solutions segment majorly consists of its fleet management and operations of customer-owned aircraft, customized performance-based supply chain logistics programs in support of the U.S. Department of Defense and foreign governments, flight hour component inventory and repair programs for commercial airlines.
Executives
Holmes John Mcclain Iii officer: Group Vice President 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Christopher A. Jessup officer: Vice President-CCO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Jessica A. Garascia officer: Vice President and Secretary 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Sean M. Gillen officer: VP-CFO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Eric Pachapa officer: VP, Controller and CAO 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Peter Pace director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Billy Nolen director 1100 N WOOD DALE RD, WOOD DALE IL 60191
Tracey Patterson officer: Sr. VP & Chief HR Officer 1100 N WOOD DALE RD, WOOD DALE IL 60191
Jennifer L Vogel director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
John W Dietrich director
Anthony Anderson director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Gilbertson H John Jr director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
David P Storch director, officer: President, CEO & Director C/O AAR CORP, 1111 NICHOLAS BLVD, 1111 NICHOLAS BLVD IL 60007
Michael Ross Boyce director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Ellen M. Lord director 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191