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Resideo Technologies Days Inventory

: 54.60 (As of Dec. 2020)
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Resideo Technologies's Total Inventories for the three months ended in Dec. 2020 was $645 Mil. Resideo Technologies's Cost of Goods Sold for the three months ended in Dec. 2020 was $1,078 Mil. Hence, Resideo Technologies's Days Inventory for the three months ended in Dec. 2020 was 54.60.

NYSE:REZI' s Days Inventory Range Over the Past 10 Years
Min: 51.28   Med: 58.63   Max: 65.22
Current: 63.05
51.28
65.22

During the past 6 years, Resideo Technologies's highest Days Inventory was 65.22. The lowest was 51.28. And the median was 58.63.

NYSE:REZI's Days Inventory is ranked lower than
62% of the 653 Companies
in the Business Services industry.

( Industry Median: 35.36 vs. NYSE:REZI: 63.05 )

Resideo Technologies's Days Inventory declined from Dec. 2019 (64.46) to Dec. 2020 (54.60).

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. Resideo Technologies's Inventory Turnover for the three months ended in Dec. 2020 was 1.67.

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. Resideo Technologies's Inventory-to-Revenue for the three months ended in Dec. 2020 was 0.43.

Resideo Technologies Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Resideo Technologies Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory Premium Member Only 51.38 51.28 58.63 63.88 65.22

Resideo Technologies Quarterly Data
Dec15 Dec16 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 64.46 68.41 73.93 56.66 54.60
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.

Resideo Technologies Days Inventory Distribution

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


Resideo Technologies Days Inventory Calculation

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

Resideo Technologies'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
=( (671 + 672) / 2 ) / 3758*365
=671.5 / 3758*365
=65.22

Resideo Technologies'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
=( (618 + 672) / 2 ) / 1078*365 / 4
=645 / 1078*365 / 4
=54.60

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Resideo Technologies  (NYSE:REZI) 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).

Resideo Technologies'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
=645/1501*365 / 4
=39.21

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

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

Inventory Turnover=Cost of Goods Sold / Total Inventories
=1078 / 645
=1.67

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.

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

Inventory-to-Revenue=Total Inventories / Revenue
=645 / 1501
=0.43

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Resideo Technologies Days Inventory Related Terms

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