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Embraer (Embraer) Days Inventory : 383.42 (As of Mar. 2023)


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What is Embraer Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Embraer's Average Total Inventories for the three months ended in Mar. 2023 was $2,534 Mil. Embraer's Cost of Goods Sold for the three months ended in Mar. 2023 was $603 Mil. Hence, Embraer's Days Inventory for the three months ended in Mar. 2023 was 383.42.

The historical rank and industry rank for Embraer's Days Inventory or its related term are showing as below:

ERJ' s Days Inventory Range Over the Past 10 Years
Min: 141.44   Med: 187.47   Max: 378.29
Current: 245.06

During the past 13 years, Embraer's highest Days Inventory was 378.29. The lowest was 141.44. And the median was 187.47.

ERJ's Days Inventory is ranked worse than
74.31% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.735 vs ERJ: 245.06

Embraer's Days Inventory declined from Mar. 2022 (396.96) to Mar. 2023 (383.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Embraer's Inventory Turnover for the three months ended in Mar. 2023 was 0.24.

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. Embraer's Inventory-to-Revenue for the three months ended in Mar. 2023 was 3.54.


Embraer Days Inventory Historical Data

The historical data trend for Embraer'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.

Embraer Days Inventory Chart

Embraer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.65 203.08 224.17 213.80 205.40

Embraer Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 268.06 307.86 140.88 383.42 -

Competitive Comparison of Embraer's Days Inventory

For the Aerospace & Defense subindustry, Embraer'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.


Embraer's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Embraer's Days Inventory distribution charts can be found below:

* The bar in red indicates where Embraer's Days Inventory falls into.



Embraer Days Inventory Calculation

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

Embraer'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
=( (2295.2 + 2610.6) / 2 ) / 4358.9*365
=2452.9 / 4358.9*365
=205.40

Embraer's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (2295.2 + 2772.2) / 2 ) / 603*365 / 4
=2533.7 / 603*365 / 4
=383.42

* 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.


Embraer  (NYSE:ERJ) 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.

Embraer's Inventory Turnover for the three months ended in Mar. 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.

Embraer's Inventory to Revenue for the three months ended in Mar. 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.


Embraer Days Inventory Related Terms

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


Embraer (Embraer) Business Description

Address
Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Pinheiros, SP, BRA, 05425-070
Embraer SA based in Sao Paulo, Brazil, Embraer manufactures regional aircraft, business jets, and defense and security products. The company also offers a range of services to support its installed base of hardware. Its defense and security business is currently focused on developing the KC-390 military transport aircraft. The company also produces aircraft systems and structural components. It operates through the following segments: Commercial Aviation; Defense and Security, Executive Aviation, Service and Support, and Other Segments. The company generates maximum revenue from Commercial Aviation segment.