Webco Industries (Webco Industries) Days Inventory : 115.71 (As of Jul. 2023)

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What is Webco Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Webco Industries's Average Total Inventories for the six months ended in Jul. 2023 was $189.4 Mil. Webco Industries's Cost of Goods Sold for the six months ended in Jul. 2023 was $597.5 Mil. Hence, Webco Industries's Days Inventory for the six months ended in Jul. 2023 was 57.86.

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

WEBC' s Days Inventory Range Over the Past 10 Years
Min: 92.08 Med: 124.54 Max: 149.69
Current: 127.04

During the past 13 years, Webco Industries's highest Days Inventory was 149.69. The lowest was 92.08. And the median was 124.54.

WEBC's Days Inventory is ranked worse than
72.95% of 573 companies
in the Steel industry
Industry Median: 85.66 vs WEBC: 127.04

Webco Industries's Days Inventory declined from Jul. 2017 (123.94) to Jul. 2023 (115.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Webco Industries's Inventory Turnover for the six months ended in Jul. 2023 was 3.15.

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. Webco Industries's Inventory-to-Revenue for the six months ended in Jul. 2023 was 0.28.

Webco Industries Days Inventory Historical Data

The historical data trend for Webco Industries'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.

Webco Industries Days Inventory Chart

Webco Industries Annual Data

Trend

Jul05

Jul06

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul23

Days Inventory

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138.51

149.69

123.94

125.14

115.71

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Days Inventory	Get a 7-Day Free Trial															138.51	149.69	123.94	125.14	115.71

Competitive Comparison of Webco Industries's Days Inventory

For the Steel subindustry, Webco Industries'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.

Webco Industries's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Webco Industries's Days Inventory falls into.

Webco Industries Days Inventory Calculation

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

Webco Industries's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2018 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (170.892	+	207.976)	/	2 )	/	597.544	*	365
=	189.434					/	597.544	*	365
=	115.71

Webco Industries's Days Inventory for the quarter that ended in Jul. 2023 is calculated as:

	Days Inventory (Q: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2018 )	+	Total Inventories (Q: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2023 )	*	Days in Period
=	( (170.892	+	207.976)	/	2 )	/	597.544	*	365 / 2
=	189.434					/	597.544	*	365 / 2
=	57.86

Webco Industries (OTCPK:WEBC) 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.

Webco Industries's Inventory Turnover for the six months ended in Jul. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	597.544	/	189.434
	=	3.15

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.

Webco Industries's Inventory to Revenue for the six months ended in Jul. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	189.434	/	686.916
	=	0.28

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.

Webco Industries Days Inventory Related Terms

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

Webco Industries (Webco Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Webco Industries Inc (OTCPK:WEBC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063

Website

https://www.webcotube.com

Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.

Executives

Dana Suzette Weber	director, 10 percent owner, officer: Pres and COO
F William Weber	director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal	director	10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy	director
David Edward Boyer	officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard	officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case	director
Christopher Lee Kowalski	director, officer: Pres of 100% owned sub