>
Switch to:

Gates Industrial Days Inventory

: 92.16 (As of Dec. 2020)
View and export this data going back to 2018. Start your Free Trial

Gates Industrial's Total Inventories for the three months ended in Dec. 2020 was $497 Mil. Gates Industrial's Cost of Goods Sold for the three months ended in Dec. 2020 was $492 Mil. Hence, Gates Industrial's Days Inventory for the three months ended in Dec. 2020 was 92.16.

NYSE:GTES' s Days Inventory Range Over the Past 10 Years
Min: 82.46   Med: 89.39   Max: 102.06
Current: 101.84
82.46
102.06

During the past 7 years, Gates Industrial's highest Days Inventory was 102.06. The lowest was 82.46. And the median was 89.39.

NYSE:GTES's Days Inventory is ranked higher than
58% of the 2503 Companies
in the Industrial Products industry.

( Industry Median: 115.97 vs. NYSE:GTES: 101.84 )

Gates Industrial's Days Inventory declined from Dec. 2019 (96.59) to Dec. 2020 (92.16).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gates Industrial's Inventory Turnover for the three months ended in Dec. 2020 was 0.99.

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. Gates Industrial's Inventory-to-Revenue for the three months ended in Dec. 2020 was 0.63.

Gates Industrial Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Gates Industrial Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory Premium Member Only Premium Member Only 84.70 82.46 90.00 95.04 102.06

Gates Industrial Quarterly Data
Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 96.59 96.36 120.26 102.48 92.16
Competitive Comparison
* 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.

Gates Industrial Days Inventory Distribution

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


Gates Industrial Days Inventory Calculation

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

Gates Industrial's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (475.1 + 508.2) / 2 ) / 1758.3*365
=491.65 / 1758.3*365
=102.06

Gates Industrial's Days Inventory for the quarter that ended in Dec. 2020 is calculated as:

Days Inventory (Q: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2020 ) + Total Inventories (Q: Dec. 2020 )) / count ) / Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=( (486.4 + 508.2) / 2 ) / 492.4*365 / 4
=497.3 / 492.4*365 / 4
=92.16

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Gates Industrial  (NYSE:GTES) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Gates Industrial's Days Sales of Inventory for the three months ended in Dec. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=497.3/794.2*365 / 4
=57.14

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Gates Industrial's Inventory Turnover for the three months ended in Dec. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Total Inventories
=492.4 / 497.3
=0.99

3. 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.

Gates Industrial's Inventory to Revenue for the three months ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=497.3 / 794.2
=0.63

* All numbers are in millions except for per share data and ratio. All numbers 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.

Gates Industrial Days Inventory Related Terms

Gates Industrial Days Inventory Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)