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Worthington Steel (FRA:Z2J) Days Inventory : 51.09 (As of Feb. 2025)


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What is Worthington Steel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Worthington Steel's Average Total Inventories for the three months ended in Feb. 2025 was €326 Mil. Worthington Steel's Cost of Goods Sold for the three months ended in Feb. 2025 was €582 Mil. Hence, Worthington Steel's Days Inventory for the three months ended in Feb. 2025 was 51.09.

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

FRA:Z2J' s Days Inventory Range Over the Past 10 Years
Min: 49.67   Med: 52.61   Max: 92.04
Current: 49.67

During the past 4 years, Worthington Steel's highest Days Inventory was 92.04. The lowest was 49.67. And the median was 52.61.

FRA:Z2J's Days Inventory is ranked better than
76.83% of 587 companies
in the Steel industry
Industry Median: 87 vs FRA:Z2J: 49.67

Worthington Steel's Days Inventory declined from Feb. 2024 (51.95) to Feb. 2025 (51.09).

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. Worthington Steel's Inventory Turnover for the three months ended in Feb. 2025 was 1.79.

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. Worthington Steel's Inventory-to-Revenue for the three months ended in Feb. 2025 was 0.49.


Worthington Steel Days Inventory Historical Data

The historical data trend for Worthington Steel'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.

Worthington Steel Days Inventory Chart

Worthington Steel Annual Data
Trend May21 May22 May23 May24
Days Inventory
92.04 47.44 55.81 49.91

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.95 47.64 50.09 49.89 51.09

Competitive Comparison of Worthington Steel's Days Inventory

For the Steel subindustry, Worthington Steel'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.


Worthington Steel's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's Days Inventory distribution charts can be found below:

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


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Worthington Steel Days Inventory Calculation

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

Worthington Steel's Days Inventory for the fiscal year that ended in May. 2024 is calculated as

Days Inventory (A: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2023 ) + Total Inventories (A: May. 2024 )) / count ) / Cost of Goods Sold (A: May. 2024 )*Days in Period
=( (381.616 + 374.902) / 2 ) / 2766.49*365
=378.259 / 2766.49*365
=49.91

Worthington Steel's Days Inventory for the quarter that ended in Feb. 2025 is calculated as:

Days Inventory (Q: Feb. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2024 ) + Total Inventories (Q: Feb. 2025 )) / count ) / Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=( (323.106 + 328.608) / 2 ) / 581.952*365 / 4
=325.857 / 581.952*365 / 4
=51.09

* 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.


Worthington Steel  (FRA:Z2J) 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.

Worthington Steel's Inventory Turnover for the three months ended in Feb. 2025 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.

Worthington Steel's Inventory to Revenue for the three months ended in Feb. 2025 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.


Worthington Steel Days Inventory Related Terms

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


Worthington Steel Business Description

Traded in Other Exchanges
Address
100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is a processor of carbon flat-rolled steel, a producer of laser-welded solutions, and a provider of electrical steel laminations. The company has manufacturing facilities across the United States, Canada, China, India, Germany and Mexico. It buys coils of steel from primary steel producers and processes them to precise type, thickness, length, width, shape, and surface quality required by customer specifications. The company's product lines and processing capabilities include; carbon flat-rolled steel processing, electrical steel laminations, and tailor welded products. Geographically, the company generates a majority of its revenue from the United States followed by Canada, Mexico, and other regions.

Worthington Steel Headlines

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