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MSA (MSAfety) Inventory Turnover : 0.67 (As of Sep. 2024)


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What is MSAfety 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. MSAfety's Cost of Goods Sold for the three months ended in Sep. 2024 was $225 Mil. MSAfety's Average Total Inventories for the quarter that ended in Sep. 2024 was $336 Mil. MSAfety's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MSAfety's Days Inventory for the three months ended in Sep. 2024 was 136.27.

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. MSAfety's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.78.


MSAfety Inventory Turnover Historical Data

The historical data trend for MSAfety'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.

* Premium members only.

MSAfety Inventory Turnover Chart

MSAfety Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 3.50 2.99 2.76 2.97

MSAfety Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory Turnover 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 0.69 0.83 0.73 0.76 0.67

MSAfety Inventory Turnover Calculation

MSAfety's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=935.509 / ((338.316 + 292.604) / 2 )
=935.509 / 315.46
=2.97

MSAfety's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover (Q: Sep. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2024 ) / ((Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count )
=225.223 / ((320.899 + 351.805) / 2 )
=225.223 / 336.352
=0.67

* 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.


MSAfety  (NYSE:MSA) 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.

MSAfety's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=336.352/225.223*365 / 4
=136.27

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.

MSAfety's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=336.352 / 432.679
=0.78

* 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

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.


MSAfety Inventory Turnover Related Terms

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


MSAfety Business Description

Traded in Other Exchanges
Address
1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. MSA Safety generates majority of its revenue in North America. The company's reportable geographic segments are Americas, International and Corporate.
Executives
Nishan J. Vartanian officer: Vice President 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Jonathan D. Buck officer: Chief Accounting Officer 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Rebecca B Roberts director 1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
Bob Willem Leenen officer: Vice President 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Richard W Roda officer: Vice President, Secretary, CLO 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Stephanie L Sciullo officer: Vice President, CLO 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Lee B Mcchesney officer: Senior VP, CFO and Treasurer 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Robert A Bruggeworth director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
William M Lambert officer: Vice President C/O MSA SAFETY, 1000 CRANBERRY WOODS DRIVE, CRANBERRY TWP PA 16066
Ryan John T Iii director, 10 percent owner, officer: Chairman and CEO P O BOX 426, PITTSBURGH PA 15230
Kenneth D. Krause officer: VP, CFO and Treasurer 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Luca Savi director C/O ITT CORPORATION, 1133 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Sandra Phillips Rogers director 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Blanco Steven C. Sr. officer: Vice President 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Diane M Pearse director P O BOX 426, PITTSBURGH PA 152300426