Days Inventory is also known as Days Sales of Inventory (DSI). Meritor's Average Total Inventories for the
three
months ended in Mar. 2022 was $693 Mil. Meritor's Cost of Goods Sold for the
three
months ended in Mar. 2022 was $1,017 Mil.
Hence, Meritor's Days Inventory for the
three
months ended in Mar. 2022 was 62.18.
The historical rank and industry rank for Meritor's Days Inventory or its related term are showing as below:
MTOR'
s Days Inventory Range Over the Past 10 Years
Min: 42 Med: 44.29 Max: 64.57
Current: 62.17
During the past 13 years, Meritor's highest Days Inventory was 64.57. The lowest was 42.00. And the median was 44.29.
MTOR's Days Inventory is not ranked
in the Vehicles & Parts industry.
Industry Median: 80.85
vs MTOR: 62.17
Meritor's Days Inventory
increased
from Mar. 2021 (53.71) to Mar. 2022 (62.18).
It might indicate that Meritor's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Meritor's Inventory Turnover for the
three
months ended in Mar. 2022 was 1.47.
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.
Meritor's Inventory-to-Revenue for the
three
months ended in Mar. 2022 was 0.60.
Meritor Days Inventory Historical Data
The historical data trend for Meritor'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 Meritor's Days Inventory
For the Auto Parts subindustry, Meritor'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.
Meritor's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Meritor's Days Inventory distribution charts can be found below:
* The bar in red indicates where Meritor's Days Inventory falls into.
Meritor Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Meritor's Days Inventory for the fiscal year that ended in Sep. 2021 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.
Meritor (NYSE:MTOR) 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.
Meritor's Inventory Turnover for the
three
months ended in Mar. 2022 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.
Meritor's Inventory to Revenue for the
three
months ended in Mar. 2022 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.
Meritor Days Inventory Related Terms
Thank you for viewing the detailed overview of Meritor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets. The company offers drivetrain, axle, brake, and suspension solutions for commercial trucks, trailers, buses, coaches, off-highway machinery, and defence contractors. The company serves original equipment markets as well as the aftermarket segment for the transportation and industrial sectors. Meritor generates the majority of its revenue from its commercial truck and industrial segment. Geographically, sales are focused on North American markets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MTOR has been successfully added to your 