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Ford Motor Co (CHIX:FMC1D) Days Inventory : 38.05 (As of Sep. 2024)


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What is Ford Motor Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ford Motor Co's Average Total Inventories for the three months ended in Sep. 2024 was €16,102 Mil. Ford Motor Co's Cost of Goods Sold for the three months ended in Sep. 2024 was €38,617 Mil. Hence, Ford Motor Co's Days Inventory for the three months ended in Sep. 2024 was 38.05.

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

CHIX:FMC1d' s Days Inventory Range Over the Past 10 Years
Min: 21.55   Med: 27.96   Max: 38
Current: 38

During the past 13 years, Ford Motor Co's highest Days Inventory was 38.00. The lowest was 21.55. And the median was 27.96.

CHIX:FMC1d's Days Inventory is ranked better than
85.24% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 80.52 vs CHIX:FMC1d: 38.00

Ford Motor Co's Days Inventory declined from Sep. 2023 (40.79) to Sep. 2024 (38.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ford Motor Co's Inventory Turnover for the three months ended in Sep. 2024 was 2.40.

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. Ford Motor Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.39.


Ford Motor Co Days Inventory Historical Data

The historical data trend for Ford Motor 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.

Ford Motor Co Days Inventory Chart

Ford Motor Co 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 27.53 34.01 33.64 32.89 34.38

Ford Motor Co 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 40.79 36.11 39.87 37.59 38.05

Competitive Comparison of Ford Motor Co's Days Inventory

For the Auto Manufacturers subindustry, Ford Motor 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.


Ford Motor Co's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ford Motor Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ford Motor Co's Days Inventory falls into.



Ford Motor Co Days Inventory Calculation

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

Ford Motor Co'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
=( (13291.52 + 14351.967) / 2 ) / 146748.427*365
=13821.7435 / 146748.427*365
=34.38

Ford Motor Co'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
=( (15963.007 + 16240.525) / 2 ) / 38616.86*365 / 4
=16101.766 / 38616.86*365 / 4
=38.05

* 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.


Ford Motor Co  (CHIX:FMC1d) 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.

Ford Motor Co'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.

Ford Motor Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=16101.766 / 41622.596
=0.39

* 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.


Ford Motor Co Days Inventory Related Terms

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


Ford Motor Co Business Description

Address
One American Road, Dearborn, MI, USA, 48126
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 11% share in the UK, and under 2% share in China including unconsolidated affiliates. Sales in the US made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees, and is based in Dearborn, Michigan.

Ford Motor Co Headlines

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