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The L S Starrett Co (The L S Starrett Co) Days Inventory : 133.78 (As of Dec. 2023)


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What is The L S Starrett Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The L S Starrett Co's Average Total Inventories for the three months ended in Dec. 2023 was $63.2 Mil. The L S Starrett Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $43.1 Mil. Hence, The L S Starrett Co's Days Inventory for the three months ended in Dec. 2023 was 133.78.

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

SCX' s Days Inventory Range Over the Past 10 Years
Min: 133.85   Med: 142.01   Max: 150.44
Current: 139.53

During the past 13 years, The L S Starrett Co's highest Days Inventory was 150.44. The lowest was 133.85. And the median was 142.01.

SCX's Days Inventory is ranked worse than
58.51% of 2907 companies
in the Industrial Products industry
Industry Median: 119.85 vs SCX: 139.53

The L S Starrett Co's Days Inventory declined from Dec. 2022 (141.49) to Dec. 2023 (133.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. The L S Starrett Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.68.

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. The L S Starrett Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.02.


The L S Starrett Co Days Inventory Historical Data

The historical data trend for The L S Starrett 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.

The L S Starrett Co Days Inventory Chart

The L S Starrett Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.86 150.44 141.66 137.29 139.02

The L S Starrett Co 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 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 141.49 148.06 132.65 144.91 133.78

Competitive Comparison of The L S Starrett Co's Days Inventory

For the Tools & Accessories subindustry, The L S Starrett 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.


The L S Starrett Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The L S Starrett Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The L S Starrett Co's Days Inventory falls into.



The L S Starrett Co Days Inventory Calculation

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

The L S Starrett Co's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (66.9 + 65.414) / 2 ) / 173.694*365
=66.157 / 173.694*365
=139.02

The L S Starrett Co'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
=( (65.126 + 61.284) / 2 ) / 43.112*365 / 4
=63.205 / 43.112*365 / 4
=133.78

* 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.


The L S Starrett Co  (NYSE:SCX) 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.

The L S Starrett Co'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.

The L S Starrett Co'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.


The L S Starrett Co Days Inventory Related Terms

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


The L S Starrett Co (The L S Starrett Co) Business Description

Traded in Other Exchanges
N/A
Address
121 Crescent Street, Athol, MA, USA, 01331
The L S Starrett Co is engaged in the manufacturing of industrial, professional and consumer measuring and cutting tools and related products. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and others. Its products are used in different industries such as metalworking, automotive, aviation, marine, farm, and "do-it-yourselfers" and tradesmen such as builders, carpenters, plumbers and electricians. The operating segments of the company are North American Operations is a key revenue driver; International Operations and Global Test and Measurement.
Executives
Douglas A Starrett officer: President & CEO 121 CRESCENT STREET, ATHOL MA 01331
John C. Tripp officer: CFO C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
David T. Allen other: Insider 121 CRESCENT STREET, ATHOL MA 01331
Emerson Leme officer: VP Of Industrial Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Charles Alpuche director C/O INSULET CORPORATION, 600 TECHNOLOGY PARK DRIVE, SUITE 200, BILLERICA MA 01821
Christian Arntsen officer: VP of International Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Deborah Gordon director 121 CRESCENT STREET, ATHOL MA 01331
Thomas J Riordan director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott William Sproule director C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Terry A Piper director 121 CRESCENT STREET, ATHOLL MA 01331
Chris Gahagan director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Russell D. Carreker director 121 CRESCENT STREET, ATHOL MA 01331
David A Lemoine director C/O THE L S STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Richard Kennedy director 121 CRESCENT STREET, ATHOL MA 01331
Francis J O'brien officer: Treasurer & CFO C/O THE L. S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331