GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flowserve Corp (NYSE:FLS) » Definitions » Days Inventory

Flowserve (Flowserve) Days Inventory

: 99.25 (As of Dec. 2023)
View and export this data going back to 1972. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Flowserve's Average Total Inventories for the three months ended in Dec. 2023 was $898 Mil. Flowserve's Cost of Goods Sold for the three months ended in Dec. 2023 was $826 Mil. Hence, Flowserve's Days Inventory for the three months ended in Dec. 2023 was 99.25.

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

FLS' s Days Inventory Range Over the Past 10 Years
Min: 89.15   Med: 103.96   Max: 126.45
Current: 105.43

During the past 13 years, Flowserve's highest Days Inventory was 126.45. The lowest was 89.15. And the median was 103.96.

FLS's Days Inventory is ranked better than
57.91% of 2906 companies
in the Industrial Products industry
Industry Median: 120.595 vs FLS: 105.43

Flowserve's Days Inventory increased from Dec. 2022 (97.09) to Dec. 2023 (99.25). It might indicate that Flowserve's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flowserve's Inventory Turnover for the three months ended in Dec. 2023 was 0.92.

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. Flowserve's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.


Flowserve Days Inventory Historical Data

The historical data trend for Flowserve'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.

Flowserve 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 89.15 92.81 98.56 103.16 100.92

Flowserve 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 97.09 112.51 108.19 107.48 99.25

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Flowserve'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.


Flowserve Days Inventory Distribution

For the Industrial Products industry and Industrials sector, Flowserve's Days Inventory distribution charts can be found below:

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



Flowserve Days Inventory Calculation

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

Flowserve'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
=( (803.198 + 879.937) / 2 ) / 3043.749*365
=841.5675 / 3043.749*365
=100.92

Flowserve'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
=( (916.107 + 879.937) / 2 ) / 825.635*365 / 4
=898.022 / 825.635*365 / 4
=99.25

* 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.


Flowserve  (NYSE:FLS) 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.

Flowserve'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.

Flowserve'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.


Flowserve Days Inventory Related Terms

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


Flowserve (Flowserve) Business Description

Traded in Other Exchanges
Address
5215 North O’Connor Boulevard, Suite 700, Irving, TX, USA, 75039
Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several global industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a worldwide network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, advanced diagnostics, repair, and retrofitting. Sales are roughly split across many global regions, with North America and Europe contributing the majority of total revenue.
Executives
Thomas B Okray director 5008 AIRPORT ROAD NW, ROANOKE VA 24012
Kenneth I Siegel director 667 MADISON AVENUE, NEW YORK NY 10065
Susan Claire Hudson officer: Chief Legal Officer 5215 N O CONNOR BLVD, # 700, IRVING TX 75039
Lamar L. Duhon officer: President, AMSS 5215 N. O'CONNOR BLVD., SUITE 700, IRVING TX 75039
Kirk Wilson officer: President, AMSS 5215 NORTH O'CONNOR BLVD #2300, IRVING TX 75039
Tamara Morytko officer: President, FPD 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carlyn R. Taylor director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Scott K Vopni officer: Chief Accounting Officer 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Sanjay Chowbey officer: President, AMSS 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Amy B Schwetz officer: Chief Financial Officer 701 MARKET STREET, ST. LOUIS MO 63101
Sujeet Chand director ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Lanesha Minnix officer: SVP, Chief Legal Officer TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
John Lenander officer: President, FCO 5215 NORTH O'CONNOR BLVD SUITE 2300, IRVING TX 75039
Michael C. Mcmurray director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Garrison John L Jr director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880