GRC (Gorman-Rupp Co) Days Inventory : 80.79 (As of Dec. 2024)

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What is Gorman-Rupp Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gorman-Rupp Co's Average Total Inventories for the three months ended in Dec. 2024 was $100.5 Mil. Gorman-Rupp Co's Cost of Goods Sold for the three months ended in Dec. 2024 was $113.5 Mil. Hence, Gorman-Rupp Co's Days Inventory for the three months ended in Dec. 2024 was 80.79.

The historical rank and industry rank for Gorman-Rupp Co's Days Inventory or its related term are showing as below:

GRC' s Days Inventory Range Over the Past 10 Years
Min: 81.43 Med: 96.53 Max: 111.64
Current: 81.43

During the past 13 years, Gorman-Rupp Co's highest Days Inventory was 111.64. The lowest was 81.43. And the median was 96.53.

GRC's Days Inventory is ranked better than
72.54% of 2921 companies
in the Industrial Products industry
Industry Median: 121.49 vs GRC: 81.43

Gorman-Rupp Co's Days Inventory declined from Dec. 2023 (86.43) to Dec. 2024 (80.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gorman-Rupp Co's Inventory Turnover for the three months ended in Dec. 2024 was 1.13.

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. Gorman-Rupp Co's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.62.

Gorman-Rupp Co Days Inventory Historical Data

The historical data trend for Gorman-Rupp Co'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.

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Gorman-Rupp Co Days Inventory Chart

Gorman-Rupp Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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111.64

108.78

92.06

84.81

81.51

Gorman-Rupp Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															86.43	84.44	80.14	80.36	80.79

Competitive Comparison of Gorman-Rupp Co's Days Inventory

For the Specialty Industrial Machinery subindustry, Gorman-Rupp Co'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.

Gorman-Rupp Co's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's Days Inventory falls into.

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Gorman-Rupp Co Days Inventory Calculation

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

Gorman-Rupp Co's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (104.156	+	99.205)	/	2 )	/	455.339	*	365
=	101.6805					/	455.339	*	365
=	81.51

Gorman-Rupp Co's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (101.781	+	99.205)	/	2 )	/	113.511	*	365 / 4
=	100.493					/	113.511	*	365 / 4
=	80.79

Gorman-Rupp Co (NYSE:GRC) 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.

Gorman-Rupp Co's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	113.511	/	100.493
	=	1.13

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.

Gorman-Rupp Co's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	100.493	/	162.704
	=	0.62

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.

Gorman-Rupp Co Days Inventory Related Terms

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

Gorman-Rupp Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gorman-Rupp Co (NYSE:GRC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 South Airport Road, Mansfield, OH, USA, 44903

Website

https://www.gormanrupp.com

Gorman-Rupp Co designs, manufactures, and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.

Executives

Charmaine R Riggins	director	6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds	director	1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King	officer: Vice President	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan	director
Jeffrey S Gorman	director, officer: President & CEO	C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake	director	C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier	officer: VP, Information Technology	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead	officer: Treasurer and Asst. Secretary	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella	director
Donald H Bullock	director
Sonja K Mcclelland	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger	officer: Assistant Treasurer	THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman	officer: VP, Human Resources	600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr	officer: Chief Financial Officer	5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston	director	C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901