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Days Inventory is also known as Days Sales of Inventory (DSI). Vertiv Holdings Co's Average Total Inventories for the three months ended in Sep. 2024 was $1,179 Mil. Vertiv Holdings Co's Cost of Goods Sold for the three months ended in Sep. 2024 was $1,317 Mil. Hence, Vertiv Holdings Co's Days Inventory for the three months ended in Sep. 2024 was 81.71.
The historical rank and industry rank for Vertiv Holdings Co's Days Inventory or its related term are showing as below:
During the past 8 years, Vertiv Holdings Co's highest Days Inventory was 78.63. The lowest was 55.81. And the median was 60.34.
Vertiv Holdings Co's Days Inventory increased from Sep. 2023 (75.37) to Sep. 2024 (81.71). It might indicate that Vertiv Holdings Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. Vertiv Holdings Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.12.
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. Vertiv Holdings Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.57.
The historical data trend for Vertiv Holdings 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.
Vertiv Holdings Co Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Days Inventory | Get a 7-Day Free Trial | - | 56.27 | 55.81 | 64.41 | 69.78 |
Vertiv Holdings Co Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Days Inventory | Get a 7-Day Free Trial | 75.37 | 69.71 | 79.60 | 78.73 | 81.71 |
For the Electrical Equipment & Parts subindustry, Vertiv Holdings 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.
For the Industrial Products industry and Industrials sector, Vertiv Holdings Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where Vertiv Holdings Co's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Vertiv Holdings 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 |
= | ( (822 | + | 884.3) | / | 2 ) | / | 4462.7 | * | 365 |
= | 853.15 | / | 4462.7 | * | 365 | ||||
= | 69.78 |
Vertiv Holdings Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:
Days Inventory (Q: Sep. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Jun. 2024 ) | + | Total Inventories (Q: Sep. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | ( (1103.7 | + | 1255.2) | / | 2 ) | / | 1317.1 | * | 365 / 4 |
= | 1179.45 | / | 1317.1 | * | 365 / 4 | ||||
= | 81.71 |
* 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.
Vertiv Holdings Co (NYSE:VRT) 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.
Vertiv Holdings Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 1317.1 | / | 1179.45 | |
= | 1.12 |
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.
Vertiv Holdings Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 1179.45 | / | 2073.5 | |
= | 0.57 |
* 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.
Thank you for viewing the detailed overview of Vertiv Holdings Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Karsten Winther | officer: President, EMEA | 1050 DEARBORN DRIVE, COLUMBUS OH 43085 |
Doherty Philip O' | officer: Managing Director, E+I | 1050 DEARBORN DRIVE, COLUMBUS OH 43085 |
Roger Fradin | director | C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747 |
Yibin Edward Cui | officer: President, North Asia | 1050 DEARBORN DRIVE, COLUMBUS OH 43085 |
Anders Karlborg | officer: EVP, Man., Logistics and Op Ex | 505 N. CLEVELAND AVE., WESTERVILLE OH 43082 |
Scott Cripps | officer: Chief Accounting Officer | C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085 |
Stephen Liang | officer: President of Asia Pacific | C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085 |
Vpe Holdings, Llc | director, 10 percent owner | 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210 |
Platinum Equity Partners Iii, Llc | director | C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210 |
Paul Ryan | officer: Chief Procurement Officer | 505 N. CLEVELAND AVE., WESTERVILLE OH 43082 |
Platinum Equity Partners Iv, L.p. | director, 10 percent owner | C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210 |
Platinum Equity Partners Iv, Llc | director, 10 percent owner | C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210 |
Lim Cheryl H.j. | officer: Chief Human Resources Officer | 1050 DEARBORN DRIVE, COLUMBUS OH 43085 |
Joseph J Deangelo | director | 3100 CUMBERLAND BOULEVARD, SUITE 1700, ATLANTA GA 30339 |
Jakki L. Haussler | director | 221 EAST FOURTH STREET, CINCINNATI OH 45202 |
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