GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Allison Transmission Holdings Inc (NYSE:ALSN) » Definitions » Days Inventory

Allison Transmission Holdings (Allison Transmission Holdings) Days Inventory

: 62.90 (As of Dec. 2023)
View and export this data going back to 2012. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Allison Transmission Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $279 Mil. Allison Transmission Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $404 Mil. Hence, Allison Transmission Holdings's Days Inventory for the three months ended in Dec. 2023 was 62.90.

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

ALSN' s Days Inventory Range Over the Past 10 Years
Min: 45.18   Med: 50.82   Max: 64.04
Current: 61.39

During the past 13 years, Allison Transmission Holdings's highest Days Inventory was 64.04. The lowest was 45.18. And the median was 50.82.

ALSN's Days Inventory is ranked better than
66.32% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.885 vs ALSN: 61.39

Allison Transmission Holdings's Days Inventory increased from Dec. 2022 (53.67) to Dec. 2023 (62.90). It might indicate that Allison Transmission Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Allison Transmission Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 1.45.

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. Allison Transmission Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.36.


Allison Transmission Holdings Days Inventory Historical Data

The historical data trend for Allison Transmission Holdings'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.

Allison Transmission Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.64 64.04 55.90 53.06 58.31

Allison Transmission Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 53.67 57.75 60.72 67.29 62.90

Competitive Comparison

For the Auto Parts subindustry, Allison Transmission Holdings'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.


Allison Transmission Holdings Days Inventory Distribution

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

* The bar in red indicates where Allison Transmission Holdings's Days Inventory falls into.



Allison Transmission Holdings Days Inventory Calculation

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

Allison Transmission Holdings'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
=( (224 + 276) / 2 ) / 1565*365
=250 / 1565*365
=58.31

Allison Transmission Holdings'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
=( (281 + 276) / 2 ) / 404*365 / 4
=278.5 / 404*365 / 4
=62.90

* 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.


Allison Transmission Holdings  (NYSE:ALSN) 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.

Allison Transmission Holdings'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.

Allison Transmission Holdings'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.


Allison Transmission Holdings Days Inventory Related Terms

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


Allison Transmission Holdings (Allison Transmission Holdings) Business Description

Traded in Other Exchanges
Address
One Allison Way, Indianapolis, IN, USA, 46222
Allison Transmission is the largest manufacturer of fully automatic transmissions for commercial vehicles. The company's automatic transmissions allow customers to achieve better fuel and operator efficiency than less expensive manual and automated manual transmissions. Allison serves several end markets, including on- and off-highway equipment and military vehicles. Its on-highway business has approximately 60% global market share. The company's transmissions can be found in Class 4 through Class 8 trucks, buses, and a limited number of large passenger vehicles (heavy-duty pickup trucks and motor homes). Allison also produces electric hybrid propulsion systems and is developing e-powertrains.
Executives
John Coll officer: SVP, Global MSS ONE ALLISON WAY, INDIANAPOLIS IN 46222
G Frederick Bohley officer: SVP, CFO & Treasurer ONE ALLISON WAY, INDIANAPOLIS IN 46222
Niekerk Teresa Van officer: VP, Global Purchasing & SQ ONE ALLISON WAY, INDIANAPOLIS IN 46222
Ryan A. Milburn officer: VP, Product Engineering ONE ALLISON WAY, INDIANAPOLIS IN 46222
Thomas Eifert officer: VP, Program Mgmt & Prod Pln ONE ALLISON WAY, INDIANAPOLIS IN 46222
Eric C. Scroggins officer: VP, Gen. Counsel and Secretary ONE ALLISON WAY, INDIANAPOLIS IN 46222
David S. Graziosi officer: Exec VP, CFO and Treasurer ONE ALLISON WAY, INDIANAPOLIS IN 46222
Gustave Perna director ONE ALLISON WAY, INDIANAPOLIS IN 46222
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Krishna Shivram director C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
Sasha Ostojic director ONE ALLISON WAY, INDIANAPOLIS IN 46222
D. Scott Barbour director C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Rafael Basso officer: VP, Operations ONE ALLISON WAY, INDIANAPOLIS IN 46222
Carolann I Haznedar director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Dana Jh Pittard officer: VP, Defense Programs ONE ALLISON WAY, INDIANAPOLIS IN 46222