GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Great Lakes Dredge & Dock Corp (NAS:GLDD) » Definitions » Days Inventory

GLDD (Great Lakes Dredge & Dock) Days Inventory : 19.70 (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Great Lakes Dredge & Dock Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Great Lakes Dredge & Dock's Average Total Inventories for the three months ended in Sep. 2024 was $33.5 Mil. Great Lakes Dredge & Dock's Cost of Goods Sold for the three months ended in Sep. 2024 was $154.9 Mil. Hence, Great Lakes Dredge & Dock's Days Inventory for the three months ended in Sep. 2024 was 19.70.

The historical rank and industry rank for Great Lakes Dredge & Dock's Days Inventory or its related term are showing as below:

GLDD' s Days Inventory Range Over the Past 10 Years
Min: 16.96   Med: 20.81   Max: 24.16
Current: 20.39

During the past 13 years, Great Lakes Dredge & Dock's highest Days Inventory was 24.16. The lowest was 16.96. And the median was 20.81.

GLDD's Days Inventory is ranked better than
66.07% of 1444 companies
in the Construction industry
Industry Median: 48.145 vs GLDD: 20.39

Great Lakes Dredge & Dock's Days Inventory declined from Sep. 2023 (27.15) to Sep. 2024 (19.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Great Lakes Dredge & Dock's Inventory Turnover for the three months ended in Sep. 2024 was 4.63.

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. Great Lakes Dredge & Dock's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.18.


Great Lakes Dredge & Dock Days Inventory Historical Data

The historical data trend for Great Lakes Dredge & Dock'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.

Great Lakes Dredge & Dock Days Inventory Chart

Great Lakes Dredge & Dock 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 19.08 21.05 20.56 17.73 22.51

Great Lakes Dredge & Dock 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 27.15 21.11 19.66 20.82 19.70

Competitive Comparison of Great Lakes Dredge & Dock's Days Inventory

For the Engineering & Construction subindustry, Great Lakes Dredge & Dock'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.


Great Lakes Dredge & Dock's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Great Lakes Dredge & Dock's Days Inventory distribution charts can be found below:

* The bar in red indicates where Great Lakes Dredge & Dock's Days Inventory falls into.



Great Lakes Dredge & Dock Days Inventory Calculation

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

Great Lakes Dredge & Dock'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
=( (29.229 + 33.912) / 2 ) / 511.893*365
=31.5705 / 511.893*365
=22.51

Great Lakes Dredge & Dock'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
=( (31.952 + 34.961) / 2 ) / 154.94*365 / 4
=33.4565 / 154.94*365 / 4
=19.70

* 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.


Great Lakes Dredge & Dock  (NAS:GLDD) 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.

Great Lakes Dredge & Dock'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.

Great Lakes Dredge & Dock'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.


Great Lakes Dredge & Dock Days Inventory Related Terms

Thank you for viewing the detailed overview of Great Lakes Dredge & Dock's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Lakes Dredge & Dock Business Description

Traded in Other Exchanges
Address
9811 Katy Freeway, Suite 1200, Houston, TX, USA, 77024
Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Its project portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.
Executives
Lawrence R Dickerson director 15415 KATY FREEWAY STE 100, HOUSTON TX 77094
Ronald Steger director 13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Kathleen M Shanahan director 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Lasse Petterson director, officer: CEO & President 2103 RESEARCH FOREST DRIVE THE WOODLANDS TX 77380
Ryan Levenson director 2396 DELLWOOD DRIVE, ATLANTA GA 30305
David E Simonelli officer: Chief Operating Officer C/O GREAT LAKES DREDGE & DOCK CORPORATIO 2122 YORK ROAD OAK BROOK IL 60523
Kathleen Mackie Lavoy officer: SVP & Chief Legal Officer C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523
D Michael Steuert director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Michael Joseph Walsh director C/O GREAT LAKES DREDGE & DOCK CORP 2122 YORK ROAD OAK BROOK IL 60523
Mark W. Marinko officer: Chief Financial Officer C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Annette W Cyr officer: Chief HR & Admin Officer C/O BRIGHTPOINT., INC. 7635 INTERACTIVE WAY, SUITE 200 INDIANAPOLIS IN 46278
Carl A Albert director C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
Robert B Uhler director C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD, SUITE 200 OAK BROOK IL 60523
Jason Weiss director C/O BOISE INC. 1111 WEST JEFFERSON STREET, SUITE 200 BOISE ID 83702-5388
Christopher P Shea officer: President - E&I Division C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523