The historical rank and industry rank for Park-Ohio Holdings's Days Inventory or its related term are showing as below:
PKOH'
s Days Inventory Range Over the Past 10 Years
Min: 72.4 Med: 84.87 Max: 118.01
Current: 107.15
During the past 13 years, Park-Ohio Holdings's highest Days Inventory was 118.01. The lowest was 72.40. And the median was 84.87.
PKOH's Days Inventory is ranked better than 56.66% of 2907
companies
in the Industrial Products industry
Industry Median: 119.85
vs PKOH: 107.15
Park-Ohio Holdings's Days Inventory
declined
from Dec. 2022 (117.46) to Dec. 2023 (114.39).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Park-Ohio Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.80.
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.
Park-Ohio Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.05.
Park-Ohio Holdings Days Inventory Historical Data
The historical data trend for Park-Ohio Holdings'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.
Competitive Comparison of Park-Ohio Holdings's Days Inventory
For the Specialty Industrial Machinery subindustry, Park-Ohio Holdings'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.
Park-Ohio Holdings's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Park-Ohio Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Park-Ohio Holdings's Days Inventory falls into.
Park-Ohio Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Park-Ohio Holdings'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.
Park-Ohio Holdings (NAS:PKOH) 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.
Park-Ohio Holdings'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.
Park-Ohio Holdings'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.
Park-Ohio Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Park-Ohio Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Park-Ohio Holdings (Park-Ohio Holdings) Business Description
Park-Ohio Holdings Corp is a company, engaged in industrial supply chain logistics and diversified manufacturing business. It operates in three business segments namely Supply Technologies, Assembly Components and Engineered Products. Geographically, the business of the group is amplifying across the region of the United States, Asia, Europe, Canada, Mexico and others. The company derives most of the revenue from the Supply Technologies segment which provides the customer with total supply management services such as engineering and design support, supplier selection, quality assurance, barcoding, product packaging and tracking, just-in-time and point-of-use delivery and electronic billing services for a range of production components.
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