CSW Industrials (CSW Industrials) Inventory Turnover : 0.67 (As of Dec. 2023)

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What is CSW Industrials Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. CSW Industrials's Cost of Goods Sold for the three months ended in Dec. 2023 was $101.0 Mil. CSW Industrials's Average Total Inventories for the quarter that ended in Dec. 2023 was $151.3 Mil. CSW Industrials's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CSW Industrials's Days Inventory for the three months ended in Dec. 2023 was 136.71.

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. CSW Industrials's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.86.

CSW Industrials Inventory Turnover Historical Data

The historical data trend for CSW Industrials's Inventory Turnover 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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CSW Industrials Inventory Turnover Chart

CSW Industrials Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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4.00

3.97

3.00

2.93

2.82

CSW Industrials Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.60	0.65	0.70	0.73	0.67

CSW Industrials Inventory Turnover Calculation

CSW Industrials's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	439.69	/ (	(150.114	+	161.569)	/	2 )
=	439.69	/	155.8415
=	2.82

CSW Industrials's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	100.986	/ (	(151.203	+	151.386)	/	2 )
=	100.986	/	151.2945
=	0.67

CSW Industrials (NAS:CSWI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

CSW Industrials's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	151.2945	/	100.986	*	365 / 4
	=	136.71

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.

CSW Industrials's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	151.2945	/	174.967
	=	0.86

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

CSW Industrials Inventory Turnover Related Terms

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CSW Industrials (CSW Industrials) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CSW Industrials Inc (NAS:CSWI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

UCI:Germany

Address

5420 Lyndon B. Johnson Freeway, Suite 500, Dallas, TX, USA, 75240

Website

https://www.cswindustrials.com

CSW Industrials Inc is a diversified industrial growth company with well-established, scalable platforms and domain expertise across three segments, Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. The company's Contractor Solutions segment involves manufacturing efficient and performance-enhancing products for residential and commercial HVAC/R and plumbing applications, which are designed for professional end-use customers. Majority of the company revenue is generated from Contractor Solutions segment from US markets.

Executives

Joseph B Armes	director, officer: Chief Executive Officer	5420 LYNDON B, JOHNSON FREEWAY, SUITE 500, DALLAS TX 75240
James E Perry	officer: EVP, CFO	14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Luke Alverson	officer: See Remarks	5400 LYNDON B. JOHNSON FRWY., STE. 1300, DALLAS TX 75240
Danielle Garde	officer: SVP, Chief People Officer	5420 LYNDON B JOHNSON FWY #500, DALLAS TX 75240
Anne Motsenbocker	director	1300 W SAM HOUSTON PARKWAY, SUITE 300, HOUSTON TX 77042
Bobby Griffin	director	5420 LYNDON B JOHNSON FWY#500, DALLAS TX 75240
Michael R Gambrell	director	2030 DOW CENTER, MIDLAND MI 48674
Storch Debra Von	director	5420 LBJ FREEWAY, STE 500, DALLAS TX 75240
Robert M Swartz	director	14911 QUORUM, SUITE 400, DALLAS TX 75254
Terry L Johnston	director	2140 LAKE PARK BLVD., RICHARDSON TX 75080
Jay Kent Sweezey	director	5420 LBJ FREEWAY, SUITE 500, DALLAS TX 75240
Greggory W Branning	officer: EVP, CFO	1293 SOUTH MAIN STREET, AKRON OH 44301
Christopher J Mudd	officer: See Remarks	5400 LBJ FREEWAY, SUITE 1300, DALLAS TX 75240
William F Quinn	director
Craig James Foster	officer: See Remarks	14612 LANDIS LAKES DRIVE, LOUISVILLE KY 40245