Market Cap : 1.34 B | Enterprise Value : 1.96 B | PE Ratio : 69.92 | PB Ratio : 1.62 |
---|
NYSE:SCS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NYSE:SCS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Days Inventory is also known as Days Sales of Inventory (DSI). Steelcase's Average Total Inventories for the three months ended in May. 2022 was $512 Mil. Steelcase's Cost of Goods Sold for the three months ended in May. 2022 was $549 Mil. Hence, Steelcase's Days Inventory for the three months ended in May. 2022 was 85.12.
The historical rank and industry rank for Steelcase's Days Inventory or its related term are showing as below:
During the past 13 years, Steelcase's highest Days Inventory was 94.32. The lowest was 25.24. And the median was 30.01.
SCS's Days Inventory is ranked better thanSteelcase's Days Inventory increased from May. 2021 (69.77) to May. 2022 (85.12). It might indicate that Steelcase's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. Steelcase's Inventory Turnover for the three months ended in May. 2022 was 1.07.
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. Steelcase's Inventory-to-Revenue for the three months ended in May. 2022 was 0.69.
The historical data trend for Steelcase'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.
For the Business Equipment & Supplies subindustry, Steelcase'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.
For the Industrial Products industry and Industrials sector, Steelcase's Days Inventory distribution charts can be found below:
* The bar in red indicates where Steelcase's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Steelcase's Days Inventory for the fiscal year that ended in Feb. 2022 is calculated as
Days Inventory (A: Feb. 2022 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Feb. 2021 ) | + | Total Inventories (A: Feb. 2022 )) | / | count ) | / | Cost of Goods Sold (A: Feb. 2022 ) | * | Days in Period |
= | ( (387 | + | 652.4) | / | 2 ) | / | 2011.2 | * | 365 |
= | 519.7 | / | 2011.2 | * | 365 | ||||
= | 94.32 |
Steelcase's Days Inventory for the quarter that ended in May. 2022 is calculated as:
Days Inventory (Q: May. 2022 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Feb. 2022 ) | + | Total Inventories (Q: May. 2022 )) | / | count ) | / | Cost of Goods Sold (Q: May. 2022 ) | * | Days in Period |
= | ( (652.4 | + | 372) | / | 2 ) | / | 549.1 | * | 365 / 4 |
= | 512.2 | / | 549.1 | * | 365 / 4 | ||||
= | 85.12 |
* 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.
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.
Steelcase's Inventory Turnover for the three months ended in May. 2022 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 549.1 | / | 512.2 | |
= | 1.07 |
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.
Steelcase's Inventory to Revenue for the three months ended in May. 2022 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 512.2 | / | 740.7 | |
= | 0.69 |
* 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.
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.
Thank you for viewing the detailed overview of Steelcase's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Miller Steven Douglas | officer: VP, Chief Technology Officer | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Zondervan Robin L | officer: Corporate Controller and CAO | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Williams Linda K | director | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Flynn Donna K | officer: VP, Global Talent Management | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Schmelter Triona | director | 2021 SPRING ROAD SUITE 600 OAK BROOK IL 60523 |
Niemann Jennifer C | director | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Kelsey Todd P. | director | 55 JEWELERS PARK DRIVE NEENAH WI 54956 |
Brown Timothy C. E. | director | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Krestakos Robert G | officer: VP, Global Operations | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Lenhardt Terrence J | officer: VP, Chief Information Officer | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Moutrey Gale | officer: VP, Communications | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Khorramian Hamid | officer: Senior VP, Global Operations | 901 - 44TH STREET, SE GRAND RAPIDS MI 49508 |
Schmitt Eddy F | officer: Senior VP, Americas | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Alvarez Guillaume M | officer: Senior VP, EMEA | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
Ludwig James N | officer: VP, Global Design & Prod Eng | 901 44TH STREET SE GRAND RAPIDS MI 49508 |
From GuruFocus
Other Sources
By Fool 2020-07-01
By Fool 2020-04-11
By Seekingalpha 2020-06-04
By Fool 2020-05-02
By Fool 2020-09-23
By Seekingalpha 2022-03-06
By Fool 2020-09-17
By Seekingalpha 2021-12-17
By Seekingalpha 2021-05-17