Days Inventory is also known as Days Sales of Inventory (DSI). Headwaters's Average Total Inventories for the
three
months ended in Mar. 2017 was $85 Mil. Headwaters's Cost of Goods Sold for the
three
months ended in Mar. 2017 was $189 Mil.
Hence, Headwaters's Days Inventory for the
three
months ended in Mar. 2017 was 41.20.
The historical rank and industry rank for Headwaters's Days Inventory or its related term are showing as below:
HW's Days Inventory is not ranked *
in the Building Materials industry.
Industry Median: 83.39 * Ranked among companies with meaningful Days Inventory only.
Headwaters's Days Inventory
increased
from Mar. 2016 (39.42) to Mar. 2017 (41.20).
It might indicate that Headwaters's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Headwaters's Inventory Turnover for the
three
months ended in Mar. 2017 was 2.21.
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.
Headwaters's Inventory-to-Revenue for the
three
months ended in Mar. 2017 was 0.33.
Headwaters Days Inventory Historical Data
The historical data trend for Headwaters'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.
Competitive Comparison of Headwaters's Days Inventory
For the Building Materials subindustry, Headwaters'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.
Headwaters's Days Inventory Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Headwaters's Days Inventory distribution charts can be found below:
* The bar in red indicates where Headwaters's Days Inventory falls into.
Headwaters Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Headwaters's Days Inventory for the fiscal year that ended in Sep. 2016 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.
Headwaters (NYSE:HW) 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.
Headwaters's Inventory Turnover for the
three
months ended in Mar. 2017 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.
Headwaters's Inventory to Revenue for the
three
months ended in Mar. 2017 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.
Headwaters Days Inventory Related Terms
Thank you for viewing the detailed overview of Headwaters's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Headwaters is a manufacturer of building products for the residential construction, residential remodelling, commercial, and industrial construction industries. The range of products includes architectural stone, resin-based exterior-siding accessories, roofing, trim board, decking, railing, concrete block and brick, windows, and other building products. Headwaters sells its products to wholesale distributors in the United States or big-box stores, as well as through an in-house direct salesforce.
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