Boeing Co (FRA:BCO) Days Inventory : 506.00 (As of Mar. 2024)

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What is Boeing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Boeing Co's Average Total Inventories for the three months ended in Mar. 2024 was €74,958 Mil. Boeing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €13,518 Mil. Hence, Boeing Co's Days Inventory for the three months ended in Mar. 2024 was 506.00.

The historical rank and industry rank for Boeing Co's Days Inventory or its related term are showing as below:

FRA:BCO' s Days Inventory Range Over the Past 10 Years
Min: 208.9 Med: 314.98 Max: 494.59
Current: 423.58

During the past 13 years, Boeing Co's highest Days Inventory was 494.59. The lowest was 208.90. And the median was 314.98.

FRA:BCO's Days Inventory is ranked worse than
89.93% of 288 companies
in the Aerospace & Defense industry
Industry Median: 139.24 vs FRA:BCO: 423.58

Boeing Co's Days Inventory increased from Mar. 2023 (449.15) to Mar. 2024 (506.00). It might indicate that Boeing Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Boeing Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.18.

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. Boeing Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.92.

Boeing Co Days Inventory Historical Data

The historical data trend for Boeing Co'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.

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Boeing Co Days Inventory Chart

Boeing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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348.65

473.40

476.67

439.91

417.23

Boeing Co 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															449.15	404.10	420.52	378.86	506.00

Competitive Comparison of Boeing Co's Days Inventory

For the Aerospace & Defense subindustry, Boeing Co'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.

Boeing Co's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Boeing Co's Days Inventory falls into.

Boeing Co Days Inventory Calculation

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

Boeing Co'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
=	( (73774.544	+	73122.497)	/	2 )	/	64254.19	*	365
=	73448.5205					/	64254.19	*	365
=	417.23

Boeing Co'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
=	( (73122.497	+	76793.32)	/	2 )	/	13517.56	*	365 / 4
=	74957.9085					/	13517.56	*	365 / 4
=	506.00

Boeing Co (FRA:BCO) 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.

Boeing Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13517.56	/	74957.9085
	=	0.18

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.

Boeing Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	74957.9085	/	15243.48
	=	4.92

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.

Boeing Co Days Inventory Related Terms

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

Boeing Co (FRA:BCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boeing Co (FRA:BCO) » Definitions » Days Inventory

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Address

929 Long Bridge Drive, Arlington, VA, USA, 22202

Website

https://www.boeing.com

Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.