The historical rank and industry rank for Ryerson Holding's Days Inventory or its related term are showing as below:
RYI'
s Days Inventory Range Over the Past 10 Years
Min: 57.9 Med: 77.18 Max: 90.9
Current: 66.88
During the past 13 years, Ryerson Holding's highest Days Inventory was 90.90. The lowest was 57.90. And the median was 77.18.
RYI's Days Inventory is ranked better than 81.45% of 2905
companies
in the Industrial Products industry
Industry Median: 119.85
vs RYI: 66.88
Ryerson Holding's Days Inventory
increased
from Dec. 2022 (70.22) to Dec. 2023 (78.12).
It might indicate that Ryerson Holding's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ryerson Holding's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.17.
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.
Ryerson Holding's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.67.
Ryerson Holding Days Inventory Historical Data
The historical data trend for Ryerson Holding'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 Ryerson Holding's Days Inventory
For the Metal Fabrication subindustry, Ryerson Holding'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.
Ryerson Holding's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ryerson Holding's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ryerson Holding's Days Inventory falls into.
Ryerson Holding Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ryerson Holding'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.
Ryerson Holding (NYSE:RYI) 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.
Ryerson Holding's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Ryerson Holding's Inventory to Revenue for the
three
months 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.
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.
Ryerson Holding Days Inventory Related Terms
Thank you for viewing the detailed overview of Ryerson Holding's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ryerson Holding (Ryerson Holding) Business Description
Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminium, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.
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