The historical rank and industry rank for Ampco-Pittsburgh's Days Inventory or its related term are showing as below:
AP'
s Days Inventory Range Over the Past 10 Years
Min: 94.59 Med: 104.22 Max: 129.88
Current: 129.88
During the past 13 years, Ampco-Pittsburgh's highest Days Inventory was 129.88. The lowest was 94.59. And the median was 104.22.
AP's Days Inventory is ranked worse than 53.55% of 2904
companies
in the Industrial Products industry
Industry Median: 121.88
vs AP: 129.88
Ampco-Pittsburgh's Days Inventory
increased
from Sep. 2023 (141.91) to Sep. 2024 (143.75).
It might indicate that Ampco-Pittsburgh's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ampco-Pittsburgh's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.63.
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.
Ampco-Pittsburgh's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 1.25.
Ampco-Pittsburgh Days Inventory Historical Data
The historical data trend for Ampco-Pittsburgh'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 Ampco-Pittsburgh's Days Inventory
For the Metal Fabrication subindustry, Ampco-Pittsburgh'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.
Ampco-Pittsburgh's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ampco-Pittsburgh's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ampco-Pittsburgh's Days Inventory falls into.
Ampco-Pittsburgh Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ampco-Pittsburgh'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.
Ampco-Pittsburgh (NYSE:AP) 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.
Ampco-Pittsburgh's Inventory Turnover for the
three
months ended in Sep. 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.
Ampco-Pittsburgh's Inventory to Revenue for the
three
months ended in Sep. 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.
Ampco-Pittsburgh Days Inventory Related Terms
Thank you for viewing the detailed overview of Ampco-Pittsburgh's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ampco-Pittsburgh Corp is a U.S.-based company manufacturing and selling engineered, specialty metal products and customized equipment. It operates in two business segments namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, and other metals whereas, the Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, and Buffalo Pumps. The company generates a majority of its revenue from the Forged and Cast Engineered Products segment. It has a business presence in the United States and other countries.
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