Days Inventory is also known as Days Sales of Inventory (DSI). Lennox International's Average Total Inventories for the
three
months ended in Dec. 2023 was $724 Mil. Lennox International's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $800 Mil.
Hence, Lennox International's Days Inventory for the
three
months ended in Dec. 2023 was 82.52.
The historical rank and industry rank for Lennox International's Days Inventory or its related term are showing as below:
LII'
s Days Inventory Range Over the Past 10 Years
Min: 57.7 Med: 64.66 Max: 84.18
Current: 84.18
During the past 13 years, Lennox International's highest Days Inventory was 84.18. The lowest was 57.70. And the median was 64.66.
LII's Days Inventory is ranked worse than 65.23% of 1392
companies
in the Construction industry
Industry Median: 48.8
vs LII: 84.18
Lennox International's Days Inventory
declined
from Dec. 2022 (84.43) to Dec. 2023 (82.52).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lennox International's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.11.
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.
Lennox International's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.63.
Lennox International Days Inventory Historical Data
The historical data trend for Lennox International'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.
Competitive Comparison of Lennox International's Days Inventory
For the Building Products & Equipment subindustry, Lennox International'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.
Lennox International's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, Lennox International's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lennox International's Days Inventory falls into.
Lennox International Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lennox International's Days Inventory for the fiscal year that 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.
Lennox International (NYSE:LII) 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.
Lennox International'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.
Lennox International'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.
Lennox International Days Inventory Related Terms
Thank you for viewing the detailed overview of Lennox International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lennox International (Lennox International) Business Description
Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2022, residential HVAC was 68% of sales, commercial HVAC was 19%, and refrigeration accounted for the remaining 13% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company will be focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.
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