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WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Days Inventory : 15.62 (As of Dec. 2023)


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What is WillScot Mobile Mini Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WillScot Mobile Mini Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $46 Mil. WillScot Mobile Mini Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $269 Mil. Hence, WillScot Mobile Mini Holdings's Days Inventory for the three months ended in Dec. 2023 was 15.62.

The historical rank and industry rank for WillScot Mobile Mini Holdings's Days Inventory or its related term are showing as below:

WSC' s Days Inventory Range Over the Past 10 Years
Min: 8.87   Med: 11.79   Max: 15.66
Current: 15.55

During the past 9 years, WillScot Mobile Mini Holdings's highest Days Inventory was 15.66. The lowest was 8.87. And the median was 11.79.

WSC's Days Inventory is ranked better than
61.32% of 680 companies
in the Business Services industry
Industry Median: 29.11 vs WSC: 15.55

WillScot Mobile Mini Holdings's Days Inventory increased from Dec. 2022 (14.95) to Dec. 2023 (15.62). It might indicate that WillScot Mobile Mini Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. WillScot Mobile Mini Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 5.84.

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. WillScot Mobile Mini Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.08.


WillScot Mobile Mini Holdings Days Inventory Historical Data

The historical data trend for WillScot Mobile Mini Holdings'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.

WillScot Mobile Mini Holdings Days Inventory Chart

WillScot Mobile Mini Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 8.87 10.74 11.79 12.83 15.66

WillScot Mobile Mini Holdings 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 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 14.95 15.63 15.50 15.33 15.62

Competitive Comparison of WillScot Mobile Mini Holdings's Days Inventory

For the Rental & Leasing Services subindustry, WillScot Mobile Mini Holdings'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.


WillScot Mobile Mini Holdings's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, WillScot Mobile Mini Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where WillScot Mobile Mini Holdings's Days Inventory falls into.



WillScot Mobile Mini Holdings Days Inventory Calculation

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

WillScot Mobile Mini Holdings'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
=( (41.03 + 47.406) / 2 ) / 1030.897*365
=44.218 / 1030.897*365
=15.66

WillScot Mobile Mini Holdings'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
=( (44.729 + 47.406) / 2 ) / 269.2*365 / 4
=46.0675 / 269.2*365 / 4
=15.62

* 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.


WillScot Mobile Mini Holdings  (NAS:WSC) 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.

WillScot Mobile Mini Holdings's Inventory Turnover for the three months ended in Dec. 2023 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.

WillScot Mobile Mini Holdings's Inventory to Revenue for the three months ended in Dec. 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.


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.


WillScot Mobile Mini Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of WillScot Mobile Mini Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


WillScot Mobile Mini Holdings (WillScot Mobile Mini Holdings) Business Description

Traded in Other Exchanges
Address
4646 E Van Buren Street, Suite 400, Phoenix, AZ, USA, 85008
WillScot Mobile Mini Holdings Corp is a business services provider specializing in innovative flexible work space and portable storage solutions. The company's segment includes Modular Solutions and Storage Solutions. It generates maximum revenue from the Modular Solutions segment. The company serves furniture rental, transportation and logistics, facility management, job site services, commercial storage, and commercial real estate sector. Geographically, it derives a majority of its revenue from the United States.
Executives
Bradley Lee Soultz director, officer: Chief Executive Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Natalia Johnson director C/O PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Felicia Gorcyca officer: Chief Human Resources Officer 4800 N. SCOTTSDALE ROAD, SUITE 6000, SCOTTSDALE AZ 85251
Sally J Shanks officer: Chief Accounting Officer 901 S. BOND STREET, SUITE 600, BALTIMORE MD 21231
Jeffrey Sagansky director, 10 percent owner, officer: President & CEO 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Erika T Davis director
Graeme Parkes officer: Chief Information Officer 4646 E. VAN BUREN STREET, SUITE 400, PHOENIX AZ 85008
Erik Olsson director C/O RSC HOLDINGS INC., 6929 E. GREENWAY PARKWAY, SCOTTSDALE AZ 85254
Hezron T. Lopez officer: V.P.,Gen Counsel, Corp. Sec. 855 EAST MAIN AVE, ZEELAND MI 49464
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Christopher J Miner officer: SVP, GC & Secretary 7420 SOUTH KYRENE ROAD SUITE 101, TEMPE AZ 85253
Michael W Upchurch director KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Sapphire Holding S.a R.l. 10 percent owner C/O TDR CAPITAL LLP, 20 BENTINCK STREET, LONDON X0 W1U 2EU
Stephen Robertson director, 10 percent owner 20 BENTINCK STREET, LONDON X0 W1U 2EU
Mark S. Bartlett director 4701 WEST GREENFIELD AVENUE, MILWAUKEE WI 53214