Brady (FRA:BRV) Days Inventory : 86.59 (As of Apr. 2024)

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What is Brady Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brady's Average Total Inventories for the three months ended in Apr. 2024 was €147 Mil. Brady's Cost of Goods Sold for the three months ended in Apr. 2024 was €155 Mil. Hence, Brady's Days Inventory for the three months ended in Apr. 2024 was 86.59.

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

FRA:BRV' s Days Inventory Range Over the Past 10 Years
Min: 61.67 Med: 70.85 Max: 99.31
Current: 93.86

During the past 13 years, Brady's highest Days Inventory was 99.31. The lowest was 61.67. And the median was 70.85.

FRA:BRV's Days Inventory is ranked worse than
72.83% of 681 companies
in the Business Services industry
Industry Median: 30.28 vs FRA:BRV: 93.86

Brady's Days Inventory declined from Apr. 2023 (103.94) to Apr. 2024 (86.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Brady's Inventory Turnover for the three months ended in Apr. 2024 was 1.05.

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. Brady's Inventory-to-Revenue for the three months ended in Apr. 2024 was 0.46.

Brady Days Inventory Historical Data

The historical data trend for Brady'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.

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Brady Days Inventory Chart

Brady Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

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71.67

85.43

86.24

83.60

103.81

Brady Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Days Inventory	Get a 7-Day Free Trial															103.94	96.99	95.64	95.81	86.59

Competitive Comparison of Brady's Days Inventory

For the Security & Protection Services subindustry, Brady'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.

Brady's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Brady's Days Inventory distribution charts can be found below:

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

Brady Days Inventory Calculation

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

Brady'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. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (186.793	+	160.079)	/	2 )	/	609.827	*	365
=	173.436					/	609.827	*	365
=	103.81

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

	Days Inventory (Q: Apr. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (151.419	+	142.85)	/	2 )	/	155.045	*	365 / 4
=	147.1345					/	155.045	*	365 / 4
=	86.59

Brady (FRA:BRV) 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.

Brady's Inventory Turnover for the three months ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	155.045	/	147.1345
	=	1.05

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.

Brady's Inventory to Revenue for the three months ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	147.1345	/	320.034
	=	0.46

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.

Brady Days Inventory Related Terms

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

Brady (FRA:BRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Brady Corp (FRA:BRV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

BRC:USA

Address

6555 West Good Hope Road, Milwaukee, WI, USA, 53223

Website

https://www.bradyid.com

Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.

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