Days Inventory is also known as Days Sales of Inventory (DSI). Loar Holdings's Average Total Inventories for the
three
months ended in Mar. 2024 was $80.27 Mil. Loar Holdings's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $47.41 Mil.
Hence, Loar Holdings's Days Inventory for the
three
months ended in Mar. 2024 was 154.48.
The historical rank and industry rank for Loar Holdings's Days Inventory or its related term are showing as below:
LOAR'
s Days Inventory Range Over the Past 10 Years
Min: 155.38 Med: 164.71 Max: 617.94
Current: 617.94
During the past 2 years, Loar Holdings's highest Days Inventory was 617.94. The lowest was 155.38. And the median was 164.71.
LOAR's Days Inventory is ranked worse than 95.17% of 290
companies
in the Aerospace & Defense industry
Industry Median: 145.73
vs LOAR: 617.94
Loar Holdings's Days Inventory
increased
from . 20 (0.00) to Mar. 2024 (154.48).
It might indicate that Loar Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Loar Holdings's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.59.
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.
Loar Holdings's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.87.
Loar Holdings Days Inventory Historical Data
The historical data trend for Loar Holdings'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.
Loar Holdings Days Inventory Chart
Loar Holdings Annual Data
Trend
Dec22
Dec23
Days Inventory
174.04
155.38
Loar Holdings Quarterly Data
Dec22
Mar23
Dec23
Mar24
Days Inventory
-
145.67
-
154.48
Competitive Comparison of Loar Holdings's Days Inventory
For the Aerospace & Defense subindustry, Loar Holdings'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.
Loar Holdings's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Loar Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Loar Holdings's Days Inventory falls into.
Loar Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Loar Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Loar Holdings (NYSE:LOAR) 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.
Loar Holdings's Inventory Turnover for the
three
months ended in Mar. 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.
Loar Holdings's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* 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.
Loar Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Loar Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Loar Holdings (Loar Holdings) Business Description
Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).
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