Dycom Industries (STU:DYI) Inventory Turnover : 8.74 (As of Apr. 2024)

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What is Dycom Industries 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. Dycom Industries's Cost of Goods Sold for the three months ended in Apr. 2024 was €859 Mil. Dycom Industries's Average Total Inventories for the quarter that ended in Apr. 2024 was €98 Mil. Dycom Industries's Inventory Turnover for the quarter that ended in Apr. 2024 was 8.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dycom Industries's Days Inventory for the three months ended in Apr. 2024 was 10.44.

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. Dycom Industries's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.09.

Dycom Industries Inventory Turnover Historical Data

The historical data trend for Dycom Industries'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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Dycom Industries Inventory Turnover Chart

Dycom Industries Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Inventory Turnover

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29.25

29.56

35.81

32.85

29.91

Dycom Industries Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory Turnover	Get a 7-Day Free Trial															7.33	7.10	7.85	7.00	8.74

Dycom Industries Inventory Turnover Calculation

Dycom Industries's Inventory Turnover for the fiscal year that ended in Jan. 2024 is calculated as

	Inventory Turnover (A: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jan. 2024 )	/ (	(Total Inventories (A: Jan. 2023 )	+	Total Inventories (A: Jan. 2024 ))	/	count )
=	3086.146	/ (	(106.694	+	99.663)	/	2 )
=	3086.146	/	103.1785
=	29.91

Dycom Industries's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

	Inventory Turnover (Q: Apr. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Apr. 2024 )	/ (	(Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )
=	858.965	/ (	(99.663	+	96.883)	/	2 )
=	858.965	/	98.273
=	8.74

Dycom Industries (STU:DYI) 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.

Dycom Industries's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	98.273	/	858.965	*	365 / 4
	=	10.44

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.

Dycom Industries's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Apr. 2024 )	/	Revenue (Q: Apr. 2024 )
	=	98.273	/	1064.738
	=	0.09

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.

Dycom Industries Inventory Turnover Related Terms

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Dycom Industries (STU:DYI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dycom Industries Inc (STU:DYI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

DY:USA DYI:Germany

Address

11780 US Highway 1, Suite 600, Palm Beach Gardens, FL, USA, 33408

Website

https://www.dycomind.com

Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries. its operating companies supply telecommunications providers with a comprehensive portfolio of specialty services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services and provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also provides a range of construction, maintenance, and installation services, including the placement and splicing of fiber, copper, and coaxial cables. The company operates throughout the United States.

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