Days Inventory is also known as Days Sales of Inventory (DSI). Blue Bird's Average Total Inventories for the
three
months ended in Mar. 2024 was $144 Mil. Blue Bird's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $282 Mil.
Hence, Blue Bird's Days Inventory for the
three
months ended in Mar. 2024 was 46.53.
The historical rank and industry rank for Blue Bird's Days Inventory or its related term are showing as below:
BLBD'
s Days Inventory Range Over the Past 10 Years
Min: 22.47 Med: 28.07 Max: 64.05
Current: 47.93
During the past 11 years, Blue Bird's highest Days Inventory was 64.05. The lowest was 22.47. And the median was 28.07.
BLBD's Days Inventory is ranked better than 78.18% of 1256
companies
in the Vehicles & Parts industry
Industry Median: 81.03
vs BLBD: 47.93
Blue Bird's Days Inventory
increased
from Mar. 2023 (44.61) to Mar. 2024 (46.53).
It might indicate that Blue Bird's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Blue Bird's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.96.
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.
Blue Bird's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.42.
Blue Bird Days Inventory Historical Data
The historical data trend for Blue Bird'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 Blue Bird's Days Inventory
For the Auto Manufacturers subindustry, Blue Bird'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.
Blue Bird's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Blue Bird's Days Inventory distribution charts can be found below:
* The bar in red indicates where Blue Bird's Days Inventory falls into.
Blue Bird Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Blue Bird's Days Inventory for the fiscal year that ended in Sep. 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.
Blue Bird (NAS:BLBD) 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.
Blue Bird'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.
Blue Bird'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.
Blue Bird Days Inventory Related Terms
Thank you for viewing the detailed overview of Blue Bird's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Bird Corp is an American bus manufacturing company. It has its operations in two segments. The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties; and the Parts segment which includes the sales of replacement bus parts. It carries its operations in the United States, Canada, and the rest of the world. The majority of its sales are derived from the United States through its bus manufacturing business.
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