Navistar International (Navistar International) Days Inventory : 49.16 (As of Apr. 2021)

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What is Navistar International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Navistar International's Average Total Inventories for the three months ended in Apr. 2021 was $933 Mil. Navistar International's Cost of Goods Sold for the three months ended in Apr. 2021 was $1,731 Mil. Hence, Navistar International's Days Inventory for the three months ended in Apr. 2021 was 49.16.

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

NAV' s Days Inventory Range Over the Past 10 Years
Min: 39.07 Med: 49.5 Max: 55.13
Current: 53.59

During the past 13 years, Navistar International's highest Days Inventory was 55.13. The lowest was 39.07. And the median was 49.50.

NAV's Days Inventory is not ranked
in the Farm & Heavy Construction Machinery industry.
Industry Median: 131.48 vs NAV: 53.59

Navistar International's Days Inventory declined from Apr. 2020 (58.60) to Apr. 2021 (49.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Navistar International's Inventory Turnover for the three months ended in Apr. 2021 was 1.86.

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. Navistar International's Inventory-to-Revenue for the three months ended in Apr. 2021 was 0.43.

Navistar International Days Inventory Historical Data

The historical data trend for Navistar International'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.

Navistar International Days Inventory Chart

Navistar International Annual Data

Trend

Oct11

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Days Inventory

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55.70

46.71

43.16

39.90

49.11

Navistar International Quarterly Data
	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Days Inventory	Get a 7-Day Free Trial															58.60	62.72	45.05	48.77	49.16

Competitive Comparison of Navistar International's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Navistar International'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.

Navistar International's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Navistar International's Days Inventory distribution charts can be found below:

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

Navistar International Days Inventory Calculation

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

Navistar International's Days Inventory for the fiscal year that ended in Oct. 2020 is calculated as

	Days Inventory (A: Oct. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2019 )	+	Total Inventories (A: Oct. 2020 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2020 )	*	Days in Period
=	( (911	+	763)	/	2 )	/	6221	*	365
=	837					/	6221	*	365
=	49.11

Navistar International's Days Inventory for the quarter that ended in Apr. 2021 is calculated as:

	Days Inventory (Q: Apr. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2021 )	+	Total Inventories (Q: Apr. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2021 )	*	Days in Period
=	( (848	+	1017)	/	2 )	/	1731	*	365 / 4
=	932.5					/	1731	*	365 / 4
=	49.16

Navistar International (NYSE:NAV) 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.

Navistar International's Inventory Turnover for the three months ended in Apr. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1731	/	932.5
	=	1.86

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.

Navistar International's Inventory to Revenue for the three months ended in Apr. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	932.5	/	2162
	=	0.43

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.

Navistar International Days Inventory Related Terms

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

Navistar International (Navistar International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Navistar International Corp (NYSE:NAV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2701 Navistar Drive, Lisle, IL, USA, 60532

Website

https://www.navistar.com

Navistar International Corp is a manufacturer of medium & heavy-duty trucks, school buses, military vehicles, and diesel engines. Its operating segments are Truck, which accounts for the majority revenue; Parts; Global Operations; and Financial Services. The company manufactures Class 4 through 8 trucks and buses in the common carrier, private carrier, government, leasing, construction, energy/petroleum, and student and commercial transportation markets under the International and IC brands. Its geographical segments include the United States, Brazil, Mexico, Canada, and others, of which the majority of its revenue comes from the United States.

Executives

Dennis Suskind	director	ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282
Rachesky Mark H Md	director, 10 percent owner	40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Raymond T. Miller	director	1345 AVENUE OF THE AMERICAS, 42ND FLOOR C/O MHR FUND MANAGEMENT NEW YORK NY 10105
Persio V Lisboa	officer: EVP & Chief Operating Officer	C/O NAVISTAR INTERNATIONAL CORPORATION, 2701 NAVISTAR DRIVE, LISLE IL 60532
Jose Maria Alapont	director	5725 DELPHI DRIVE, TROY MI 48098
Andreas Renschler	director	C/O NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Vincent J Intrieri	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
William V Mcmenamin	officer: President Fin Serv & Treasurer	C/O NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Curt A Kramer	officer: SVP & General Counsel	4201 WINFIELD ROAD WARRENVILLE IL 60555
Troy A Clarke	director, officer: Chairman, President & CEO	C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017
Walter G Borst	officer: EVP & Chief Financial Officer	2701 NAVISTAR DRIVE, LISLE IL 60532
Samara A Strycker	officer: SVP & Corporate Controller	2701 NAVISTAR DRIVE, LISLE IL 60532
Richard E Bond	officer: Corporate Secretary	NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Christian Schulz	director	C/O NAVISTAR INTERNATIONAL CORPORATION 2701 NAVISTAR DRIVE LISLE IL 60532
Daniel A Ninivaggi	director	C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153