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FLSmidth. A/S (FLSmidth. A/S) Days Inventory

: 138.15 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). FLSmidth. A/S's Average Total Inventories for the three months ended in Dec. 2023 was $977 Mil. FLSmidth. A/S's Cost of Goods Sold for the three months ended in Dec. 2023 was $645 Mil. Hence, FLSmidth. A/S's Days Inventory for the three months ended in Dec. 2023 was 138.15.

The historical rank and industry rank for FLSmidth. A/S's Days Inventory or its related term are showing as below:

FLIDY' s Days Inventory Range Over the Past 10 Years
Min: 118.57   Med: 130.2   Max: 153.54
Current: 143.69

During the past 13 years, FLSmidth. A/S's highest Days Inventory was 153.54. The lowest was 118.57. And the median was 130.20.

FLIDY's Days Inventory is ranked worse than
60.47% of 2907 companies
in the Industrial Products industry
Industry Median: 121.29 vs FLIDY: 143.69

FLSmidth. A/S's Days Inventory increased from Dec. 2022 (123.66) to Dec. 2023 (138.15). It might indicate that FLSmidth. A/S's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FLSmidth. A/S's Inventory Turnover for the three months ended in Dec. 2023 was 0.66.

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. FLSmidth. A/S's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.12.


FLSmidth. A/S Days Inventory Historical Data

The historical data trend for FLSmidth. A/S'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.

FLSmidth. A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.00 136.23 132.25 133.44 133.15

FLSmidth. A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 123.66 144.44 137.25 163.84 138.15

Competitive Comparison

For the Specialty Industrial Machinery subindustry, FLSmidth. A/S'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.


FLSmidth. A/S Days Inventory Distribution

For the Industrial Products industry and Industrials sector, FLSmidth. A/S's Days Inventory distribution charts can be found below:

* The bar in red indicates where FLSmidth. A/S's Days Inventory falls into.



FLSmidth. A/S Days Inventory Calculation

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

FLSmidth. A/S'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
=( (1013.541 + 909.902) / 2 ) / 2636.361*365
=961.7215 / 2636.361*365
=133.15

FLSmidth. A/S's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1044.263 + 909.902) / 2 ) / 645.373*365 / 4
=977.0825 / 645.373*365 / 4
=138.15

* 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.


FLSmidth. A/S  (OTCPK:FLIDY) 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.

FLSmidth. A/S'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.

FLSmidth. A/S'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.


FLSmidth. A/S Days Inventory Related Terms

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


FLSmidth. A/S (FLSmidth. A/S) Business Description

Traded in Other Exchanges
Address
Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500
FLSmidth & Co. A/S is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.

FLSmidth. A/S (FLSmidth. A/S) Headlines

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