Days Inventory is also known as Days Sales of Inventory (DSI). Austal's Average Total Inventories for the
six
months ended in Jun. 2024 was €254.1 Mil. Austal's Cost of Goods Sold for the
six
months ended in Jun. 2024 was €414.4 Mil.
Hence, Austal's Days Inventory for the
six
months ended in Jun. 2024 was 111.91.
The historical rank and industry rank for Austal's Days Inventory or its related term are showing as below:
FRA:LX6'
s Days Inventory Range Over the Past 10 Years
Min: 30.72 Med: 59.5 Max: 108.42
Current: 108.42
During the past 13 years, Austal's highest Days Inventory was 108.42. The lowest was 30.72. And the median was 59.50.
FRA:LX6's Days Inventory is ranked better than 65.64% of 291
companies
in the Aerospace & Defense industry
Industry Median: 146.2
vs FRA:LX6: 108.42
Austal's Days Inventory
increased
from Jun. 2023 (76.90) to Jun. 2024 (111.91).
It might indicate that Austal's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Austal's Inventory Turnover for the
six
months ended in Jun. 2024 was 1.63.
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.
Austal's Inventory-to-Revenue for the
six
months ended in Jun. 2024 was 0.55.
Austal Days Inventory Historical Data
The historical data trend for Austal'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.
For the Aerospace & Defense subindustry, Austal'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.
Austal's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Austal's Days Inventory distribution charts can be found below:
* The bar in red indicates where Austal's Days Inventory falls into.
Austal Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Austal's Days Inventory for the fiscal year that ended in Jun. 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.
Austal (FRA:LX6) 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.
Austal's Inventory Turnover for the
six
months ended in Jun. 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.
Austal's Inventory to Revenue for the
six
months ended in Jun. 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.
Austal Days Inventory Related Terms
Thank you for viewing the detailed overview of Austal's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Austal Ltd is engaged in designing, constructing, and supporting revolutionary defense and commercial vessels. The company designs, constructs, and supports passenger ferries, vehicle passenger ferries, and offshore and windfarm vessels; naval vessels; naval surface warfare combatants; and patrol boats for government law enforcement and border protection agencies. Its reportable segments are USA Shipbuilding; USA Support; Australasia Shipbuilding and Australasia Support. Maximum revenue is generated from its USA Shipbuilding segment which manufactures high performance defence vessels for U.S. Navy and Coast Guard. Geographically, the company derives a majority of its revenue from the United States of America and the rest from Australia, Europe, Asia, South America, and the Middle East.
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