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Allison Transmission Holdings (Allison Transmission Holdings) Inventory Turnover : 1.50 (As of Mar. 2024)


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What is Allison Transmission Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Allison Transmission Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $423 Mil. Allison Transmission Holdings's Average Total Inventories for the quarter that ended in Mar. 2024 was $283 Mil. Allison Transmission Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.50.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allison Transmission Holdings's Days Inventory for the three months ended in Mar. 2024 was 60.94.

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. Allison Transmission Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.


Allison Transmission Holdings Inventory Turnover Historical Data

The historical data trend for Allison Transmission Holdings's Inventory Turnover 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.

Allison Transmission Holdings Inventory Turnover Chart

Allison Transmission Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.07 5.70 6.53 6.88 6.26

Allison Transmission Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.58 1.50 1.36 1.45 1.50

Allison Transmission Holdings Inventory Turnover Calculation

Allison Transmission Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=1565 / ((224 + 276) / 2 )
=1565 / 250
=6.26

Allison Transmission Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=423 / ((276 + 289) / 2 )
=423 / 282.5
=1.50

* 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.


Allison Transmission Holdings  (NYSE:ALSN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Allison Transmission Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=282.5/423*365 / 4
=60.94

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.

Allison Transmission Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=282.5 / 789
=0.36

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Allison Transmission Holdings Inventory Turnover Related Terms

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Allison Transmission Holdings (Allison Transmission Holdings) Business Description

Traded in Other Exchanges
Address
One Allison Way, Indianapolis, IN, USA, 46222
Allison Transmission is the largest manufacturer of fully automatic transmissions for commercial vehicles. The company's automatic transmissions allow customers to achieve better fuel and operator efficiency than less expensive manual and automated manual transmissions. Allison serves several end markets, including on- and off-highway equipment and military vehicles. Its on-highway business has approximately 60% global market share. The company's transmissions can be found in Class 4 through Class 8 trucks, buses, and a limited number of large passenger vehicles (heavy-duty pickup trucks and motor homes). Allison also produces electric hybrid propulsion systems and is developing e-powertrains.
Executives
John Coll officer: SVP, Global MSS ONE ALLISON WAY, INDIANAPOLIS IN 46222
G Frederick Bohley officer: SVP, CFO & Treasurer ONE ALLISON WAY, INDIANAPOLIS IN 46222
Niekerk Teresa Van officer: VP, Global Purchasing & SQ ONE ALLISON WAY, INDIANAPOLIS IN 46222
Ryan A. Milburn officer: VP, Product Engineering ONE ALLISON WAY, INDIANAPOLIS IN 46222
Thomas Eifert officer: VP, Program Mgmt & Prod Pln ONE ALLISON WAY, INDIANAPOLIS IN 46222
Eric C. Scroggins officer: VP, Gen. Counsel and Secretary ONE ALLISON WAY, INDIANAPOLIS IN 46222
David S. Graziosi officer: Exec VP, CFO and Treasurer ONE ALLISON WAY, INDIANAPOLIS IN 46222
Gustave Perna director ONE ALLISON WAY, INDIANAPOLIS IN 46222
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Krishna Shivram director C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
Sasha Ostojic director ONE ALLISON WAY, INDIANAPOLIS IN 46222
D. Scott Barbour director C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Rafael Basso officer: VP, Operations ONE ALLISON WAY, INDIANAPOLIS IN 46222
Carolann I Haznedar director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Dana Jh Pittard officer: VP, Defense Programs ONE ALLISON WAY, INDIANAPOLIS IN 46222