The historical rank and industry rank for General Electric Co's Days Inventory or its related term are showing as below:
XBRU:GEBC'
s Days Inventory Range Over the Past 10 Years
Min: 76.34 Med: 97.14 Max: 133.52
Current: 119.77
During the past 13 years, General Electric Co's highest Days Inventory was 133.52. The lowest was 76.34. And the median was 97.14.
XBRU:GEBC's Days Inventory is ranked better than 58.68% of 288
companies
in the Aerospace & Defense industry
Industry Median: 138.905
vs XBRU:GEBC: 119.77
General Electric Co's Days Inventory
increased
from Mar. 2023 (132.88) to Mar. 2024 (133.80).
It might indicate that General Electric Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
General Electric Co's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.68.
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.
General Electric Co's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.06.
General Electric Co Days Inventory Historical Data
The historical data trend for General Electric 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.
Competitive Comparison of General Electric Co's Days Inventory
For the Aerospace & Defense subindustry, General Electric 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.
General Electric Co's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, General Electric Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where General Electric Co's Days Inventory falls into.
General Electric Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
General Electric Co'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.
General Electric Co (XBRU:GEBC) 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.
General Electric Co'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.
General Electric Co'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.
General Electric Co Days Inventory Related Terms
Thank you for viewing the detailed overview of General Electric Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
General Electric Co (XBRU:GEBC) Business Description
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XBRU:GEBC has been successfully added to your 