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General Dynamics (XTER:GDX) Days Inventory : 93.19 (As of Sep. 2024)


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What is General Dynamics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). General Dynamics's Average Total Inventories for the three months ended in Sep. 2024 was €9,068 Mil. General Dynamics's Cost of Goods Sold for the three months ended in Sep. 2024 was €8,879 Mil. Hence, General Dynamics's Days Inventory for the three months ended in Sep. 2024 was 93.19.

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

XTER:GDX' s Days Inventory Range Over the Past 10 Years
Min: 63.1   Med: 73.04   Max: 113.11
Current: 86.97

During the past 13 years, General Dynamics's highest Days Inventory was 113.11. The lowest was 63.10. And the median was 73.04.

XTER:GDX's Days Inventory is ranked better than
71.82% of 291 companies
in the Aerospace & Defense industry
Industry Median: 146.2 vs XTER:GDX: 86.97

General Dynamics's Days Inventory increased from Sep. 2023 (80.93) to Sep. 2024 (93.19). It might indicate that General Dynamics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. General Dynamics's Inventory Turnover for the three months ended in Sep. 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. General Dynamics's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.86.


General Dynamics Days Inventory Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Days Inventory Chart

General Dynamics 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 68.48 73.05 60.77 63.06 77.34

General Dynamics 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 80.93 79.78 91.27 86.00 93.19

Competitive Comparison of General Dynamics's Days Inventory

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Days Inventory distribution charts can be found below:

* The bar in red indicates where General Dynamics's Days Inventory falls into.



General Dynamics Days Inventory Calculation

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

General Dynamics'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
=( (5967.968 + 7866.026) / 2 ) / 32645.2*365
=6916.997 / 32645.2*365
=77.34

General Dynamics'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
=( (8998.294 + 9137.041) / 2 ) / 8879.355*365 / 4
=9067.6675 / 8879.355*365 / 4
=93.19

* 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.


General Dynamics  (XTER:GDX) 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.

General Dynamics'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.

General Dynamics's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9067.6675 / 10515.571
=0.86

* 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.


General Dynamics Days Inventory Related Terms

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


General Dynamics Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technology. General Dynamics' aerospace segment manufactures Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units: an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics Headlines

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