Days Inventory is also known as Days Sales of Inventory (DSI). Teledyne Technologies's Average Total Inventories for the
three
months ended in Dec. 2023 was $940 Mil. Teledyne Technologies's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $802 Mil.
Hence, Teledyne Technologies's Days Inventory for the
three
months ended in Dec. 2023 was 106.95.
The historical rank and industry rank for Teledyne Technologies's Days Inventory or its related term are showing as below:
TDY'
s Days Inventory Range Over the Past 10 Years
Min: 70.95 Med: 78.64 Max: 107.18
Current: 107.18
During the past 13 years, Teledyne Technologies's highest Days Inventory was 107.18. The lowest was 70.95. And the median was 78.64.
TDY's Days Inventory is ranked worse than 51.37% of 2406
companies
in the Hardware industry
Industry Median: 104.06
vs TDY: 107.18
Teledyne Technologies's Days Inventory
increased
from Dec. 2022 (98.21) to Dec. 2023 (106.95).
It might indicate that Teledyne Technologies's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Teledyne Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.85.
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.
Teledyne Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.66.
Teledyne Technologies Days Inventory Historical Data
The historical data trend for Teledyne Technologies'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 Scientific & Technical Instruments subindustry, Teledyne Technologies'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.
Teledyne Technologies Days Inventory Distribution
For the Hardware industry and Technology sector, Teledyne Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Teledyne Technologies's Days Inventory falls into.
Teledyne Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Teledyne Technologies's Days Inventory for the fiscal year that 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.
Teledyne Technologies (NYSE:TDY) 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.
Teledyne Technologies'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.
Teledyne Technologies'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.
Teledyne Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Teledyne Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Teledyne Technologies (Teledyne Technologies) Business Description
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
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