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Days Inventory is also known as Days Sales of Inventory (DSI). WESCO International's Average Total Inventories for the three months ended in Mar. 2024 was $3,549 Mil. WESCO International's Cost of Goods Sold for the three months ended in Mar. 2024 was $4,212 Mil. Hence, WESCO International's Days Inventory for the three months ended in Mar. 2024 was 76.88.
The historical rank and industry rank for WESCO International's Days Inventory or its related term are showing as below:
During the past 13 years, WESCO International's highest Days Inventory was 75.15. The lowest was 46.71. And the median was 52.70.
WESCO International's Days Inventory increased from Mar. 2023 (76.46) to Mar. 2024 (76.88). It might indicate that WESCO International's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. WESCO International's Inventory Turnover for the three months ended in Mar. 2024 was 1.19.
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. WESCO International's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.
The historical data trend for WESCO International'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.
WESCO International Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 52.79 | 57.96 | 61.11 | 67.14 | 73.56 |
WESCO International Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Days Inventory | Get a 7-Day Free Trial | 76.46 | 74.10 | 73.51 | 75.43 | 76.88 |
For the Industrial Distribution subindustry, WESCO International'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.
For the Industrial Distribution industry and Industrials sector, WESCO International's Days Inventory distribution charts can be found below:
* The bar in red indicates where WESCO International's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WESCO International'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 |
= | ( (3498.8 | + | 3572.1) | / | 2 ) | / | 17541.5 | * | 365 |
= | 3535.45 | / | 17541.5 | * | 365 | ||||
= | 73.56 |
WESCO International's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:
Days Inventory (Q: Mar. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Dec. 2023 ) | + | Total Inventories (Q: Mar. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Mar. 2024 ) | * | Days in Period |
= | ( (3572.1 | + | 3525.4) | / | 2 ) | / | 4212.1 | * | 365 / 4 |
= | 3548.75 | / | 4212.1 | * | 365 / 4 | ||||
= | 76.88 |
* 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.
WESCO International (NYSE:WCC) 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.
WESCO International's Inventory Turnover for the three months ended in Mar. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 4212.1 | / | 3548.75 | |
= | 1.19 |
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.
WESCO International's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 3548.75 | / | 5350 | |
= | 0.66 |
* 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.
Thank you for viewing the detailed overview of WESCO International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hemant Porwal | officer: EVP Supply Chain & Operations | 225 W. STATION SQUARE DRIVE, PITTSBURGH PA 15219 |
Glynis Bryan | director | 5500 WAYZATA BOULEVARD, SUITE 600, GOLDEN VALLEY MN 55416 |
Easwaran Sundaram | director | C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101 |
Squires Nelson John Iii | officer: SVP & COO | 225 W. STATION SQUARE, PITTSBURGH PA 15219 |
James Cameron | officer: EVP & GM, Util & Broadband | 225 W. STATION SQUARE DRIVE, PITTSBURGH PA 15219 |
Diane Lazzaris | officer: Vice President, Legal Affairs | WESCO INTERNATIONAL, INC., 225 WEST STATION SQUARE DRIVE, PITTSBURGH PA 15219 |
John Engel | officer: SR. VICE PRESIDENT & COO | 225 W. STATION SQUARE DRIVE, SUITE 700, PITTSBURGH PA 15219 |
Green Equity Investors Vii, L.p. | 10 percent owner | 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025 |
Sundaram Nagarajan | director | 28601 CLEMENS ROAD, WESTLAKE OH 44145 |
Anne M Cooney | director | ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224 |
Christine Ann Wolf | officer: SVP & CHRO | 7480 FLYING CLOUG DRIVE, MINNEAPOLIS MN 55344 |
Steven A Raymund | director | C/O TECH DATA CORP, 5350 TECH DATA DRIVE, CLEARWATER FL 33760 |
Matthew S Kulasa | officer: Sr. VP, Corporate Controller | 100 E. WISCONSIN AVENUE, SUITE 2780, MILWAUKEE WI 53202 |
Lynn M Utter | director | C/O ADOLPH COORS CO, 311 10TH ST NH311 BOX 4030, GOLDEN CO 80401 |
James Louis Singleton | director, 10 percent owner | THE CYPRESS GROUP L.L.C., 65 EAST 55TH STREET, 28TH FLOOR, NEW YORK NY 10022 |
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