WSC (WillScot Holdings) Days Inventory : 17.15 (As of Dec. 2024)

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What is WillScot Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WillScot Holdings's Average Total Inventories for the three months ended in Dec. 2024 was $50 Mil. WillScot Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $266 Mil. Hence, WillScot Holdings's Days Inventory for the three months ended in Dec. 2024 was 17.15.

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

WSC' s Days Inventory Range Over the Past 10 Years
Min: 8.87 Med: 12.31 Max: 16.34
Current: 16.34

During the past 10 years, WillScot Holdings's highest Days Inventory was 16.34. The lowest was 8.87. And the median was 12.31.

WSC's Days Inventory is ranked better than
61.5% of 678 companies
in the Business Services industry
Industry Median: 30.61 vs WSC: 16.34

WillScot Holdings's Days Inventory increased from Dec. 2023 (15.62) to Dec. 2024 (17.15). It might indicate that WillScot Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. WillScot Holdings's Inventory Turnover for the three months ended in Dec. 2024 was 5.32.

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. WillScot Holdings's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.08.

WillScot Holdings Days Inventory Historical Data

The historical data trend for WillScot Holdings'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.

WillScot Holdings Days Inventory Chart

WillScot Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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10.74

11.79

12.83

15.66

15.83

WillScot Holdings 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															15.62	16.04	16.01	16.67	17.15

Competitive Comparison of WillScot Holdings's Days Inventory

For the Rental & Leasing Services subindustry, WillScot Holdings'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.

WillScot Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where WillScot Holdings's Days Inventory falls into.

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WillScot Holdings Days Inventory Calculation

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

WillScot Holdings'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
=	( (47.406	+	47.473)	/	2 )	/	1093.879	*	365
=	47.4395					/	1093.879	*	365
=	15.83

WillScot Holdings'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
=	( (52.576	+	47.473)	/	2 )	/	266.166	*	365 / 4
=	50.0245					/	266.166	*	365 / 4
=	17.15

WillScot Holdings (NAS:WSC) 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.

WillScot Holdings's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	266.166	/	50.0245
	=	5.32

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.

WillScot Holdings's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	50.0245	/	602.515
	=	0.08

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.

WillScot Holdings Days Inventory Related Terms

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

WillScot Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » WillScot Holdings Corp (NAS:WSC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WS11:Germany

Address

4646 East Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008

Website

https://www.willscot.com

WillScot Holdings Corp designs, delivers, and services onsite, on-demand space solutions for clients. The company offers turnkey solutions in construction, education, manufacturing, retail, healthcare, and entertainment sectors. The products of the company includes modular office complexes, mobile offices, portable storage containers, and others.

Executives

Erik Olsson	director	C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Timothy D Boswell	officer: Chief Financial Officer	901 S. BOND STREET, 6TH FLOOR, BALTIMORE MD 21231
Bradley Lee Soultz	director, officer: Chief Executive Officer	901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Graeme Parkes	officer: Chief Information Officer	4646 E. VAN BUREN STREET, SUITE 400, PHOENIX AZ 85008
Gerard E Holthaus	director	3129 BLENDON ROAD, OWINGS MILLS MD 21117
Sally J Shanks	officer: Chief Accounting Officer	901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Jeffrey Sagansky	director, 10 percent owner, officer: President & CEO	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Hezron T. Lopez	officer: V.P.,Gen Counsel, Corp. Sec.	855 EAST MAIN AVE, ZEELAND MI 49464
Natalia Johnson	director	C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Felicia Gorcyca	officer: Chief Human Resources Officer	4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Erika T Davis	director
Rebecca L Owen	director	1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Christopher J Miner	officer: SVP, GC & Secretary	7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Michael W Upchurch	director	KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Sapphire Holding S.a R.l.	10 percent owner	C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU