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CDW (CDW) Days Inventory : 14.88 (As of Sep. 2024)


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What is CDW Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CDW's Average Total Inventories for the three months ended in Sep. 2024 was $704 Mil. CDW's Cost of Goods Sold for the three months ended in Sep. 2024 was $4,316 Mil. Hence, CDW's Days Inventory for the three months ended in Sep. 2024 was 14.88.

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

CDW' s Days Inventory Range Over the Past 10 Years
Min: 11.68   Med: 13.29   Max: 17.85
Current: 15.53

During the past 13 years, CDW's highest Days Inventory was 17.85. The lowest was 11.68. And the median was 13.29.

CDW's Days Inventory is ranked better than
53.44% of 1555 companies
in the Software industry
Industry Median: 18.72 vs CDW: 15.53

CDW's Days Inventory declined from Sep. 2023 (15.51) to Sep. 2024 (14.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. CDW's Inventory Turnover for the three months ended in Sep. 2024 was 6.13.

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. CDW's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.13.


CDW Days Inventory Historical Data

The historical data trend for CDW'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.

CDW Days Inventory Chart

CDW Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.97 16.40 17.85 16.54 16.02

CDW Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15.51 16.23 16.04 15.02 14.88

Competitive Comparison of CDW's Days Inventory

For the Information Technology Services subindustry, CDW'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.


CDW's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, CDW's Days Inventory distribution charts can be found below:

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



CDW Days Inventory Calculation

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

CDW'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
=( (800.2 + 668.1) / 2 ) / 16723.6*365
=734.15 / 16723.6*365
=16.02

CDW's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (724.8 + 682.5) / 2 ) / 4315.9*365 / 4
=703.65 / 4315.9*365 / 4
=14.88

* 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.


CDW  (NAS:CDW) 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.

CDW'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.

CDW'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.


CDW Days Inventory Related Terms

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


CDW Business Description

Traded in Other Exchanges
Address
200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology ("IT") solutions to small, medium, and large business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's broad array of offerings ranges from discrete hardware and software products to integrated IT solutions and services that include on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. The company has three operating segments namely, Corporate, Small Business, and Public. The Corporate segment generates the majority of its revenue and primarily serves US private sector business customers with more than 250 employees.
Executives
Christine A Leahy officer: See Remarks
Miralles Albert Joseph Jr officer: See Remarks 151 N. FRANKLIN, CHICAGO IL 60606
Sona Chawla officer: See Remarks N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Christina M Corley officer: See Remarks 780 AEC DRIVE, WOOD DALE IL 60191
Kelly J Grier director 155 HARLEM AVE., GLENVIEW IL 60025
Donna F Zarcone director C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Marc Ellis Jones director C/O GARDNER DENVER HOLDINGS, INC., 222 EAST ERIE STREET, MILWAUKEE WI 53202
Carolyn Wiesenhahn officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Peter R Locy officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Paul J Finnegan director, 10 percent owner PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Kebo Collin B. officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Frederick J. Kulevich officer: See Remarks 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Sanjay Mehrotra director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Ilaria Mocciaro officer: See Remarks 2301 PATRIOT BLVD, GLENVIEW IL 60026