GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ingersoll Rand Inc (NYSE:IR) » Definitions » Days Inventory

IR (Ingersoll Rand) Days Inventory : 93.40 (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ingersoll Rand Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ingersoll Rand's Average Total Inventories for the three months ended in Dec. 2024 was $1,109 Mil. Ingersoll Rand's Cost of Goods Sold for the three months ended in Dec. 2024 was $1,083 Mil. Hence, Ingersoll Rand's Days Inventory for the three months ended in Dec. 2024 was 93.40.

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

IR' s Days Inventory Range Over the Past 10 Years
Min: 86.63   Med: 103.17   Max: 151.16
Current: 97.52

During the past 11 years, Ingersoll Rand's highest Days Inventory was 151.16. The lowest was 86.63. And the median was 103.17.

IR's Days Inventory is ranked better than
62.34% of 2921 companies
in the Industrial Products industry
Industry Median: 121.51 vs IR: 97.52

Ingersoll Rand's Days Inventory increased from Dec. 2023 (91.41) to Dec. 2024 (93.40). It might indicate that Ingersoll Rand's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ingersoll Rand's Inventory Turnover for the three months ended in Dec. 2024 was 0.98.

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. Ingersoll Rand's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.58.


Ingersoll Rand Days Inventory Historical Data

The historical data trend for Ingersoll Rand'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.

Ingersoll Rand Days Inventory Chart

Ingersoll Rand Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 86.63 90.61 95.53 92.60 92.31

Ingersoll Rand 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 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 91.41 101.39 99.72 101.30 93.40

Competitive Comparison of Ingersoll Rand's Days Inventory

For the Specialty Industrial Machinery subindustry, Ingersoll Rand'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.


Ingersoll Rand's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ingersoll Rand's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ingersoll Rand's Days Inventory falls into.


;
;

Ingersoll Rand Days Inventory Calculation

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

Ingersoll Rand'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
=( (1001.1 + 1055) / 2 ) / 4065*365
=1028.05 / 4065*365
=92.31

Ingersoll Rand'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
=( (1162.5 + 1055) / 2 ) / 1083.2*365 / 4
=1108.75 / 1083.2*365 / 4
=93.40

* 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.


Ingersoll Rand  (NYSE:IR) 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.

Ingersoll Rand'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.

Ingersoll Rand'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.


Ingersoll Rand Days Inventory Related Terms

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


Ingersoll Rand Business Description

Traded in Other Exchanges
Address
525 Harbour Place Drive, Suite 600, Davidson, NC, USA, 28036
Ingersoll Rand was formed through the merger of Gardner Denver and Ingersoll Rand's industrial segment. The firm's portfolio consists of two business lines: industrial technologies and services, and precision and science technologies. Ingersoll Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, and fluid management. Ingersoll Rand generated roughly $7.2 billion in revenue in 2024.
Executives
Andrew R Schiesl officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Michael J Scheske officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Kathleen M. Keene officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Elizabeth Meloy Hepding officer: See Remarks C/O INGERSOLL RAND INC., 800-A BEATY STREET, DAVIDSON NC 28036
Vicente Reynal director, officer: Chief Executive Officer C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Joanna Sohovich director 123 MAIN STREET, BRISTOL CT 06010
Julie Schertell director 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Santiago Arias Duval officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Vikram Kini officer: Senior Vice President and CFO C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Matthew J Emmerich officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Gary E Gillespie officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Jennifer Hartsock director C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Viseras Enrique Minarro officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Nicholas J Kendall-jones officer: See Remarks C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Michael Stubblefield director C/O AVANTOR, INC., 100 MATSONFORD ROAD, RADNOR PA 19087