Westinghouse Air Brake Technologies (Westinghouse Air Brake Technologies) Days Inventory

: 117.30 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Westinghouse Air Brake Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $2,265 Mil. Westinghouse Air Brake Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,762 Mil. Hence, Westinghouse Air Brake Technologies's Days Inventory for the three months ended in Dec. 2023 was 117.30.

The historical rank and industry rank for Westinghouse Air Brake Technologies's Days Inventory or its related term are showing as below:

WAB' s Days Inventory Range Over the Past 10 Years
Min: 79.13 Med: 97.99 Max: 120.45
Current: 120.45

During the past 13 years, Westinghouse Air Brake Technologies's highest Days Inventory was 120.45. The lowest was 79.13. And the median was 97.99.

WAB's Days Inventory is ranked worse than
92.72% of 783 companies
in the Transportation industry
Industry Median: 11.57 vs WAB: 120.45

Westinghouse Air Brake Technologies's Days Inventory increased from Dec. 2022 (111.91) to Dec. 2023 (117.30). It might indicate that Westinghouse Air Brake Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Westinghouse Air Brake Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.78.

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. Westinghouse Air Brake Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.90.

Westinghouse Air Brake Technologies Days Inventory Historical Data

The historical data trend for Westinghouse Air Brake Technologies'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.

* Premium members only.

Westinghouse Air Brake Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

80.68

115.01

111.48

116.70

117.04

Westinghouse Air Brake Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																111.91	127.18	123.14	118.42	117.30

Competitive Comparison

For the Railroads subindustry, Westinghouse Air Brake Technologies'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.

Westinghouse Air Brake Technologies Days Inventory Distribution

For the Transportation industry and Industrials sector, Westinghouse Air Brake Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Westinghouse Air Brake Technologies's Days Inventory falls into.

Westinghouse Air Brake Technologies Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Westinghouse Air Brake Technologies'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
=	( (2034	+	2284)	/	2 )	/	6733	*	365
=	2159					/	6733	*	365
=	117.04

Westinghouse Air Brake Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2246	+	2284)	/	2 )	/	1762	*	365 / 4
=	2265					/	1762	*	365 / 4
=	117.30

Westinghouse Air Brake Technologies (NYSE:WAB) 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.

Westinghouse Air Brake Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1762	/	2265
	=	0.78

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.

Westinghouse Air Brake Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2265	/	2526
	=	0.90

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.

Westinghouse Air Brake Technologies Days Inventory Related Terms

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Westinghouse Air Brake Technologies (Westinghouse Air Brake Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westinghouse Air Brake Technologies Corp (NYSE:WAB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WAB:Mexico WB2:Germany WB2:Germany W1AB34:Brazil

Address

30 Isabella Street, Pittsburgh, PA, USA, 15212

Website

https://www.wabteccorp.com

Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the rail industry. It provides its products and services through two main business segments, Freight and Transit. The company generates maximum revenue from the Freight segment.

Executives

Kristine Kubacki	other: VP, Investor Relations	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Michael Fetsko	officer: Pres., Freight Components Grp.	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Alicia Hammersmith	officer: President - Services Group	30 ISABELLA STREET, PITTSBURGH PA 15212
Albert J Neupaver	director
William E Kassling	director	C/O WASTEC, 10001 AIR BREAK AVE, WILMERDING PA 15148
Mastalerz John A Jr	officer: VP Fin., Corp. Controller, CAO	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Linda S Harty	director	MEDTRONIC PLC, 710 MEDTRONIC PARKWAY NE, LC-150, MINNEAPOLIS MN 55432
David L Deninno	officer: Exec VP, General Counsel, Sec.	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Byron S Foster	director	30 ISABELLA ST., PITTSBURGH PA 15212
Lee C Banks	director	PARKER HANNIFIN CORP, 6035 PARKLAND BLVD, CLEVELAND OH 44124-4141
Ann R. Klee	director	30 ISABELLA ST., PITTSBURGH PA 15212
Eric Gebhardt	officer: Chief Technology Officer	30 ISABELLA STREET, PITTSBURGH PA 15212
Gregory Sbrocco	officer: Sr. VP, Global Operations	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
Lilian Leroux	officer: President, Transit Group	1001 AIR BRAKE AVENUE, WILMERDING PA 15148
John A Olin	officer: Executive Vice President & CFO	HARLEY-DAVIDSON, INC., 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208