Days Inventory is also known as Days Sales of Inventory (DSI). REV Group's Average Total Inventories for the
three
months ended in Jan. 2024 was $654 Mil. REV Group's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $523 Mil.
Hence, REV Group's Days Inventory for the
three
months ended in Jan. 2024 was 114.09.
The historical rank and industry rank for REV Group's Days Inventory or its related term are showing as below:
REVG'
s Days Inventory Range Over the Past 10 Years
Min: 57.21 Med: 85.49 Max: 103.18
Current: 103.18
During the past 11 years, REV Group's highest Days Inventory was 103.18. The lowest was 57.21. And the median was 85.49.
REVG's Days Inventory is ranked better than 62.25% of 204
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48
vs REVG: 103.18
REV Group's Days Inventory
increased
from Jan. 2023 (112.97) to Jan. 2024 (114.09).
It might indicate that REV Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
REV Group's Inventory Turnover for the
three
months ended in Jan. 2024 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.
REV Group's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 1.12.
REV Group Days Inventory Historical Data
The historical data trend for REV Group'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 REV Group's Days Inventory
For the Farm & Heavy Construction Machinery subindustry, REV Group'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.
REV Group's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, REV Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where REV Group's Days Inventory falls into.
REV Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
REV Group's Days Inventory for the fiscal year that ended in Oct. 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.
REV Group (NYSE:REVG) 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.
REV Group's Inventory Turnover for the
three
months ended in Jan. 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.
REV Group's Inventory to Revenue for the
three
months ended in Jan. 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.
REV Group Days Inventory Related Terms
Thank you for viewing the detailed overview of REV Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
REV Group Inc is a United States-based designer, manufacturer, and distributor of specialty vehicles and related aftermarket parts and services. It provides customized vehicle solutions for applications including essential needs, industrial and commercial, and consumer leisure. The operating segments of the company are Fire & Emergency, Commercial, and Recreation. The products of the company are sold to municipalities, government agencies, private contractors, consumers, and industrial and commercial end-users. It derives a majority of the revenue from the Fire and Emergency segment which includes manufacturing of fire apparatus and ambulance products. The company operates in the United States, Canada, and the rest of the world.
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