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Days Inventory is also known as Days Sales of Inventory (DSI). Dorman Products's Average Total Inventories for the three months ended in Dec. 2023 was $631 Mil. Dorman Products's Cost of Goods Sold for the three months ended in Dec. 2023 was $300 Mil. Hence, Dorman Products's Days Inventory for the three months ended in Dec. 2023 was 192.03.
The historical rank and industry rank for Dorman Products's Days Inventory or its related term are showing as below:
During the past 13 years, Dorman Products's highest Days Inventory was 204.34. The lowest was 126.88. And the median was 147.87.
Dorman Products's Days Inventory increased from Dec. 2022 (190.44) to Dec. 2023 (192.03). It might indicate that Dorman Products's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. Dorman Products's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.
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. Dorman Products's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.28.
The historical data trend for Dorman Products'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.
Dorman Products Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 154.44 | 149.04 | 171.82 | 201.01 | 204.34 |
Dorman Products Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Days Inventory | Get a 7-Day Free Trial | 190.44 | 204.28 | 191.34 | 189.75 | 192.03 |
For the Auto Parts subindustry, Dorman Products'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 Vehicles & Parts industry and Consumer Cyclical sector, Dorman Products's Days Inventory distribution charts can be found below:
* The bar in red indicates where Dorman Products's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dorman Products'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 |
= | ( (755.901 | + | 637.375) | / | 2 ) | / | 1244.365 | * | 365 |
= | 696.638 | / | 1244.365 | * | 365 | ||||
= | 204.34 |
Dorman Products'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 |
= | ( (625.593 | + | 637.375) | / | 2 ) | / | 300.074 | * | 365 / 4 |
= | 631.484 | / | 300.074 | * | 365 / 4 | ||||
= | 192.03 |
* 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.
Dorman Products (NAS:DORM) 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.
Dorman Products's Inventory Turnover for the three months ended in Dec. 2023 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 300.074 | / | 631.484 | |
= | 0.48 |
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.
Dorman Products's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 631.484 | / | 494.296 | |
= | 1.28 |
* 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 Dorman Products's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
G. Michael Stakias | director | C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Lindsay Hunt | officer: Pres and CEO, Specialty Vehicl | 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Brian Borradaile | officer: SVP, Strategy & Corp Dev | 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Eric Luftig | officer: Senior Vice President, Product | 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Jeffery Darby | officer: SVP, Sales | C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Steven L Berman | director, 10 percent owner, officer: President, COO | |
James Darrell Thomas | director | 3700 JUNEAU AVENUE, MILWAUKEE WI 53208 |
John J Gavin | director | GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084 |
Donna M. Long | officer: SVP, CIO | 3400 EAST WALNUT STREET, COLMAR PA 18915 |
John Mcknight | officer: SVP, Operations | 3400 EAST WALNUT STREET, COLMAR PA 19103 |
Paul E Anderson | officer: President, Heavy Duty | 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Scott Leff | officer: SVP, CHRO | 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Michael Kealey | officer: SVP, Product | C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915 |
Lisa M Bachmann | director | 300 PHILLIPI ROAD, COLUMBUS OH 43228 |
Joseph P. Braun | officer: SVP and General Counsel | C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915 |
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