Days Inventory is also known as Days Sales of Inventory (DSI). GE Aerospace's Average Total Inventories for the
three
months ended in Dec. 2024 was $9,741 Mil. GE Aerospace's Cost of Goods Sold for the
three
months ended in Dec. 2024 was $6,762 Mil.
Hence, GE Aerospace's Days Inventory for the
three
months ended in Dec. 2024 was 131.44.
The historical rank and industry rank for GE Aerospace's Days Inventory or its related term are showing as below:
GE'
s Days Inventory Range Over the Past 10 Years
Min: 87.29 Med: 102.63 Max: 295.45
Current: 132.63
During the past 13 years, GE Aerospace's highest Days Inventory was 295.45. The lowest was 87.29. And the median was 102.63.
GE's Days Inventory is ranked better than 53.26% of 291
companies
in the Aerospace & Defense industry
Industry Median: 139.69
vs GE: 132.63
GE Aerospace's Days Inventory
declined
from Dec. 2023 (184.54) to Dec. 2024 (131.44).
Inventory Turnover measures how fast the company turns over its inventory within a year.
GE Aerospace's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.69.
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.
GE Aerospace's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 0.90.
GE Aerospace Days Inventory Historical Data
The historical data trend for GE Aerospace'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.
Competitive Comparison of GE Aerospace's Days Inventory
For the Aerospace & Defense subindustry, GE Aerospace'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.
GE Aerospace's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, GE Aerospace's Days Inventory distribution charts can be found below:
* The bar in red indicates where GE Aerospace's Days Inventory falls into.
* 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.
GE Aerospace (NYSE:GE) 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.
GE Aerospace's Inventory Turnover for the
three
months ended in Dec. 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.
GE Aerospace's Inventory to Revenue for the
three
months ended in Dec. 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.
GE Aerospace Days Inventory Related Terms
Thank you for viewing the detailed overview of GE Aerospace's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000 until GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
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