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LCI Industries (FRA:0DI) Days Inventory : 106.40 (As of Dec. 2023)


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What is LCI Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LCI Industries's Average Total Inventories for the three months ended in Dec. 2023 was €723 Mil. LCI Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was €620 Mil. Hence, LCI Industries's Days Inventory for the three months ended in Dec. 2023 was 106.40.

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

FRA:0DI' s Days Inventory Range Over the Past 10 Years
Min: 45.57   Med: 65.28   Max: 109.07
Current: 105.05

During the past 13 years, LCI Industries's highest Days Inventory was 109.07. The lowest was 45.57. And the median was 65.28.

FRA:0DI's Days Inventory is ranked worse than
66.03% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.77 vs FRA:0DI: 105.05

LCI Industries's Days Inventory declined from Dec. 2022 (133.38) to Dec. 2023 (106.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. LCI Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.86.

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. LCI Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.94.


LCI Industries Days Inventory Historical Data

The historical data trend for LCI 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.

LCI Industries Days Inventory Chart

LCI Industries 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 72.34 80.76 82.73 95.43 110.91

LCI Industries 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 133.38 113.02 100.25 98.12 106.40

Competitive Comparison of LCI Industries's Days Inventory

For the Recreational Vehicles subindustry, LCI 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.


LCI Industries's Days Inventory Distribution in the Vehicles & Parts Industry

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

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



LCI Industries Days Inventory Calculation

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

LCI Industries'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
=( (972.042 + 704.629) / 2 ) / 2758.903*365
=838.3355 / 2758.903*365
=110.91

LCI Industries'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
=( (741.995 + 704.629) / 2 ) / 620.344*365 / 4
=723.312 / 620.344*365 / 4
=106.40

* 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.


LCI Industries  (FRA:0DI) 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.

LCI Industries'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.

LCI Industries'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.


LCI Industries Days Inventory Related Terms

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


LCI Industries (FRA:0DI) Business Description

Traded in Other Exchanges
Address
3501 County Road 6 East, Elkhart, IN, USA, 46514
LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo. It has two reportable segments the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold primarily to major manufacturers of RVs such as Thor Industries, Forest River, Winnebago and other RV OEMs, and to manufacturers in adjacent industries.

LCI Industries (FRA:0DI) Headlines

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