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Vertiv Holdings Co (Vertiv Holdings Co) Days Inventory : 79.60 (As of Mar. 2024)


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What is Vertiv Holdings Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vertiv Holdings Co's Average Total Inventories for the three months ended in Mar. 2024 was $936 Mil. Vertiv Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,073 Mil. Hence, Vertiv Holdings Co's Days Inventory for the three months ended in Mar. 2024 was 79.60.

The historical rank and industry rank for Vertiv Holdings Co's Days Inventory or its related term are showing as below:

VRT' s Days Inventory Range Over the Past 10 Years
Min: 55.81   Med: 60.34   Max: 74.73
Current: 74.73

During the past 8 years, Vertiv Holdings Co's highest Days Inventory was 74.73. The lowest was 55.81. And the median was 60.34.

VRT's Days Inventory is ranked better than
76.31% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs VRT: 74.73

Vertiv Holdings Co's Days Inventory increased from Mar. 2023 (76.76) to Mar. 2024 (79.60). It might indicate that Vertiv Holdings Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vertiv Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.15.

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. Vertiv Holdings Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.57.


Vertiv Holdings Co Days Inventory Historical Data

The historical data trend for Vertiv Holdings Co'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.

Vertiv Holdings Co Days Inventory Chart

Vertiv Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 56.27 55.81 64.41 69.78

Vertiv Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial 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 76.76 72.98 75.37 69.71 79.60

Competitive Comparison of Vertiv Holdings Co's Days Inventory

For the Electrical Equipment & Parts subindustry, Vertiv Holdings Co'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.


Vertiv Holdings Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vertiv Holdings Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vertiv Holdings Co's Days Inventory falls into.



Vertiv Holdings Co Days Inventory Calculation

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

Vertiv Holdings Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (822 + 884.3) / 2 ) / 4462.7*365
=853.15 / 4462.7*365
=69.78

Vertiv Holdings Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (884.3 + 987.1) / 2 ) / 1072.7*365 / 4
=935.7 / 1072.7*365 / 4
=79.60

* 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.


Vertiv Holdings Co  (NYSE:VRT) 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.

Vertiv Holdings Co's Inventory Turnover for the three months ended in Mar. 2024 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.

Vertiv Holdings Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


Vertiv Holdings Co Days Inventory Related Terms

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


Vertiv Holdings Co (Vertiv Holdings Co) Business Description

Traded in Other Exchanges
Address
505 N. Cleveland Ave., Westerville, OH, USA, 43082
Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers' vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.
Executives
Vpe Holdings, Llc director, 10 percent owner 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Scott Cripps officer: Chief Accounting Officer C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Platinum Equity Partners Iii, Llc director C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Doherty Philip O' officer: Managing Director, E+I 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Anders Karlborg officer: EVP, Man., Logistics and Op Ex 505 N. CLEVELAND AVE., WESTERVILLE OH 43082
Stephen Liang officer: President of Asia Pacific C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Paul Ryan officer: Chief Procurement Officer 505 N. CLEVELAND AVE., WESTERVILLE OH 43082
Platinum Equity Partners Iv, L.p. director, 10 percent owner C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iv, Llc director, 10 percent owner C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Lim Cheryl H.j. officer: Chief Human Resources Officer 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Joseph J Deangelo director 3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Michael J. Kitson officer: Chief Procurement Officer 1050 DEARBORN DRIVE, COLUMBUS OH 43085
John F. Marion officer: EVP, Quality, VOS and Process 1050 DEARBORN DRIVE, COLUMBUS OH 43085
David Joseph Fallon officer: Chief Financial Officer 28213 VAN DYKE AVENUE, WARREN MI 48093