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FreightCar America (FRA:FAR) Days Inventory : 71.12 (As of Sep. 2024)


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What is FreightCar America Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FreightCar America's Average Total Inventories for the three months ended in Sep. 2024 was €68.2 Mil. FreightCar America's Cost of Goods Sold for the three months ended in Sep. 2024 was €87.5 Mil. Hence, FreightCar America's Days Inventory for the three months ended in Sep. 2024 was 71.12.

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

FRA:FAR' s Days Inventory Range Over the Past 10 Years
Min: 52.25   Med: 66.89   Max: 109.24
Current: 75.38

During the past 13 years, FreightCar America's highest Days Inventory was 109.24. The lowest was 52.25. And the median was 66.89.

FRA:FAR's Days Inventory is ranked worse than
89.31% of 767 companies
in the Transportation industry
Industry Median: 11.97 vs FRA:FAR: 75.38

FreightCar America's Days Inventory declined from Sep. 2023 (181.49) to Sep. 2024 (71.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. FreightCar America's Inventory Turnover for the three months ended in Sep. 2024 was 1.28.

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. FreightCar America's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.67.


FreightCar America Days Inventory Historical Data

The historical data trend for FreightCar America'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.

FreightCar America Days Inventory Chart

FreightCar America 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 65.86 99.23 87.71 62.91 110.33

FreightCar America 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 181.49 99.52 71.46 61.26 71.12

Competitive Comparison of FreightCar America's Days Inventory

For the Railroads subindustry, FreightCar America'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.


FreightCar America's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, FreightCar America's Days Inventory distribution charts can be found below:

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



FreightCar America Days Inventory Calculation

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

FreightCar America'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
=( (60.715 + 114.645) / 2 ) / 290.074*365
=87.68 / 290.074*365
=110.33

FreightCar America'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
=( (59.901 + 76.416) / 2 ) / 87.45*365 / 4
=68.1585 / 87.45*365 / 4
=71.12

* 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.


FreightCar America  (FRA:FAR) 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.

FreightCar America'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.

FreightCar America'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.


FreightCar America Days Inventory Related Terms

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


FreightCar America Business Description

Traded in Other Exchanges
Address
125 South Wacker Drive, Suite 1500, Chicago, IL, USA, 60606
FreightCar America Inc is a manufacturer of railcars and components, serving diverse transportation needs primarily in North America. The company designs and produces a wide range of railcar types, including box cars, hoppers, covered hoppers, gondolas, and flat cars for both intermodal and non-intermodal freight. Its clientele includes shippers, railroads, and financial institutions. The company has two segments: Manufacturing and Parts. The Manufacturing segment encompasses new railcar manufacturing, used railcar sales, leasing, and major rebuilds, while the Parts segment, along with corporate activities, constitutes Corporate and Other. The company's revenue is predominantly derived from its Manufacturing segment, with all revenue generated within the United States.

FreightCar America Headlines

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