Douglas Dynamics (Douglas Dynamics) Days Inventory

: 128.20 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Douglas Dynamics's Average Total Inventories for the three months ended in Dec. 2023 was $147.2 Mil. Douglas Dynamics's Cost of Goods Sold for the three months ended in Dec. 2023 was $104.7 Mil. Hence, Douglas Dynamics's Days Inventory for the three months ended in Dec. 2023 was 128.20.

The historical rank and industry rank for Douglas Dynamics's Days Inventory or its related term are showing as below:

PLOW' s Days Inventory Range Over the Past 10 Years
Min: 68.1 Med: 83.25 Max: 129.88
Current: 129.88

During the past 13 years, Douglas Dynamics's highest Days Inventory was 129.88. The lowest was 68.10. And the median was 83.25.

PLOW's Days Inventory is ranked worse than
77.93% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.77 vs PLOW: 129.88

Douglas Dynamics's Days Inventory increased from Dec. 2022 (101.82) to Dec. 2023 (128.20). It might indicate that Douglas Dynamics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Douglas Dynamics's Inventory Turnover for the three months ended in Dec. 2023 was 0.71.

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. Douglas Dynamics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.10.

Douglas Dynamics Days Inventory Historical Data

The historical data trend for Douglas Dynamics'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.

Douglas Dynamics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

77.31

89.26

88.74

96.00

117.90

Douglas Dynamics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															101.82	207.10	106.31	124.61	128.20

Competitive Comparison

For the Auto Parts subindustry, Douglas Dynamics'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.

Douglas Dynamics Days Inventory Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Douglas Dynamics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Douglas Dynamics's Days Inventory falls into.

Douglas Dynamics Days Inventory Calculation

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

Douglas Dynamics'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
=	( (137.712	+	142.607)	/	2 )	/	433.908	*	365
=	140.1595					/	433.908	*	365
=	117.90

Douglas Dynamics'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
=	( (151.705	+	142.607)	/	2 )	/	104.742	*	365 / 4
=	147.156					/	104.742	*	365 / 4
=	128.20

Douglas Dynamics (NYSE:PLOW) 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.

Douglas Dynamics's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	104.742	/	147.156
	=	0.71

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.

Douglas Dynamics's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	147.156	/	134.245
	=	1.10

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.

Douglas Dynamics Days Inventory Related Terms

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

Douglas Dynamics (Douglas Dynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Douglas Dynamics Inc (NYSE:PLOW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

5D4:Germany

Address

11270 W Park Place, Suite 300, Milwaukee, WI, USA, 53224

Website

https://www.douglasdynamics.com

Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing and upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.

Executives

Robert L Mccormick	officer: President and CEO	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
James L Janik	director	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Genderen Mark Van	officer: President - Work Truck Attm.	C/O DOUGLAS DYNAMICS, INC., 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Linda R Evans	officer: VP of Human Resources	7777 N 73RD STREET, MILWAUKEE WI 53223
Jon J Sisulak	officer: Controller	7777 N 73RD STREET, MILWAUKEE WI 53223
Sarah C Lauber	officer: CFO and Secretary	833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Joher Akolawala	director	11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Keith Hagelin	officer: VP, Operations	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Jonathon P. Sievert	officer: President - Henderson Products	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53223
Lisa R Bacus	director	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Andrew Dejana	officer: * See Remarks below	C/O DOUGLAS DYNAMICS, INC., 777 NORTH 73RD STREET, MILWAUKEE WI 53223
Robert J Young	officer: Controller	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Mark Adamson	officer: VP, Sales and Marketing	C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Michael W Wickham	director	C/O ROADWAY CORP, 1077 GORGE BLVD, AKRON OH 44310
Margaret S Dano	director	FLEETWOOD ENTERPRISES INC, 3125 MYERS STREET PO BOX 7638, RIVERSIDE CA 92513-7638