Days Inventory is also known as Days Sales of Inventory (DSI). Otter Tail's Average Total Inventories for the
three
months ended in Dec. 2023 was $146 Mil. Otter Tail's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $194 Mil.
Hence, Otter Tail's Days Inventory for the
three
months ended in Dec. 2023 was 68.53.
The historical rank and industry rank for Otter Tail's Days Inventory or its related term are showing as below:
OTTR'
s Days Inventory Range Over the Past 10 Years
Min: 49.4 Med: 56.38 Max: 68.82
Current: 67.68
During the past 13 years, Otter Tail's highest Days Inventory was 68.82. The lowest was 49.40. And the median was 56.38.
OTTR's Days Inventory is ranked worse than 83.12% of 462
companies
in the Utilities - Regulated industry
Industry Median: 22.695
vs OTTR: 67.68
Otter Tail's Days Inventory
increased
from Dec. 2022 (66.51) to Dec. 2023 (68.53).
It might indicate that Otter Tail's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Otter Tail's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.33.
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.
Otter Tail's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.46.
Otter Tail Days Inventory Historical Data
The historical data trend for Otter Tail'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 Otter Tail's Days Inventory
For the Utilities - Diversified subindustry, Otter Tail'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.
Otter Tail's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Otter Tail's Days Inventory distribution charts can be found below:
* The bar in red indicates where Otter Tail's Days Inventory falls into.
Otter Tail Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Otter Tail'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.
Otter Tail (NAS:OTTR) 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.
Otter Tail'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.
Otter Tail'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.
Otter Tail Days Inventory Related Terms
Thank you for viewing the detailed overview of Otter Tail's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Otter Tail Corp is a U.S. energy company that primarily operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.
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