GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (FRA:DO4B) » Definitions » Days Inventory

Dorel Industries (FRA:DO4B) Days Inventory : 101.14 (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Dorel Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dorel Industries's Average Total Inventories for the three months ended in Sep. 2024 was €288 Mil. Dorel Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was €260 Mil. Hence, Dorel Industries's Days Inventory for the three months ended in Sep. 2024 was 101.14.

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

FRA:DO4B' s Days Inventory Range Over the Past 10 Years
Min: 97.02   Med: 107.34   Max: 156.92
Current: 108.22

During the past 13 years, Dorel Industries's highest Days Inventory was 156.92. The lowest was 97.02. And the median was 107.34.

FRA:DO4B's Days Inventory is ranked worse than
54.7% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 102.4 vs FRA:DO4B: 108.22

Dorel Industries's Days Inventory declined from Sep. 2023 (112.11) to Sep. 2024 (101.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dorel Industries's Inventory Turnover for the three months ended in Sep. 2024 was 0.90.

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. Dorel Industries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.90.


Dorel Industries Days Inventory Historical Data

The historical data trend for Dorel 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.

Dorel Industries Days Inventory Chart

Dorel 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 109.02 162.52 107.32 102.04 127.04

Dorel Industries 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 112.11 118.42 112.01 104.94 101.14

Competitive Comparison of Dorel Industries's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Dorel 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.


Dorel Industries's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Days Inventory distribution charts can be found below:

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



Dorel Industries Days Inventory Calculation

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

Dorel 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
=( (397.875 + 333.007) / 2 ) / 1049.936*365
=365.441 / 1049.936*365
=127.04

Dorel Industries'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
=( (296.528 + 279.985) / 2 ) / 260.073*365 / 4
=288.2565 / 260.073*365 / 4
=101.14

* 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.


Dorel Industries  (FRA:DO4B) 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.

Dorel Industries'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.

Dorel Industries'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.


Dorel Industries Days Inventory Related Terms

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


Dorel Industries Business Description

Traded in Other Exchanges
Address
1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4
Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments includes Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.

Dorel Industries Headlines

No Headlines