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Gibraltar Industries (Gibraltar Industries) Days Inventory : 48.52 (As of Dec. 2023)


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What is Gibraltar Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gibraltar Industries's Average Total Inventories for the three months ended in Dec. 2023 was $131 Mil. Gibraltar Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $246 Mil. Hence, Gibraltar Industries's Days Inventory for the three months ended in Dec. 2023 was 48.52.

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

ROCK' s Days Inventory Range Over the Past 10 Years
Min: 37.68   Med: 49.06   Max: 63.16
Current: 54.84

During the past 13 years, Gibraltar Industries's highest Days Inventory was 63.16. The lowest was 37.68. And the median was 49.06.

ROCK's Days Inventory is ranked worse than
53.12% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs ROCK: 54.84

Gibraltar Industries's Days Inventory declined from Dec. 2022 (69.76) to Dec. 2023 (48.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gibraltar Industries's Inventory Turnover for the three months ended in Dec. 2023 was 1.88.

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. Gibraltar Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.40.


Gibraltar Industries Days Inventory Historical Data

The historical data trend for Gibraltar Industries'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.

Gibraltar Industries Days Inventory Chart

Gibraltar Industries 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 43.28 37.68 47.72 59.04 52.26

Gibraltar Industries 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 69.76 72.13 56.34 48.05 48.52

Competitive Comparison of Gibraltar Industries's Days Inventory

For the Building Products & Equipment subindustry, Gibraltar Industries'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.


Gibraltar Industries's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gibraltar Industries's Days Inventory distribution charts can be found below:

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



Gibraltar Industries Days Inventory Calculation

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

Gibraltar Industries'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
=( (170.36 + 120.503) / 2 ) / 1015.77*365
=145.4315 / 1015.77*365
=52.26

Gibraltar Industries'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
=( (141.008 + 120.503) / 2 ) / 245.897*365 / 4
=130.7555 / 245.897*365 / 4
=48.52

* 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.


Gibraltar Industries  (NAS:ROCK) 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.

Gibraltar Industries'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.

Gibraltar Industries'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.


Gibraltar Industries Days Inventory Related Terms

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


Gibraltar Industries (Gibraltar Industries) Business Description

Traded in Other Exchanges
Address
3556 Lake Shore Road, P.O. Box 2028, Buffalo, NY, USA, 14219-0228
Gibraltar Industries Inc is a manufacturer and provider of products and services for the Renewable energy, Residential, Agtech and Infrastructure markets. Renewables Segment is engaged in the design, engineering, manufacturing and installation of solar racking and electrical balance of systems. Agtech Segment provides growing and processing solutions including the designing, engineering, manufacturing, full-scope construction, maintenance and support of greenhouses and indoor growing operations, and botanical extraction systems. It derives key revenue from the Residential segment which offers roof and foundation ventilation products, single point and centralized mail systems and electronic package solutions and Retractable awnings and gutter guards, among other products.
Executives
James B Nish director 3556 LAKESHORE RD., BLASDELL NY 14219
Janet Anne Catlett officer: VP, CHRO 22 WEST FRONTAGE ROAD, NORTHFIELD IL 60093
Linda Kristine Myers director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Katherine Bolanowski officer: General Counsel, VP, Secretary 3556 LAKE SHORE ROAD, BUFFALO NY 14219
Patrick Burns officer: Chief Operating Officer 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jeffrey J. Watorek officer: VP, Treasurer, Secretary 3556 LAKESHORE ROAD, BLASDELL NY 14219
Elizabeth Jensen officer: Chief Human Resources Officer 5928 HIGHLAND HILLS CIRCLE, FORT COLLINS CO 80528
Gwendolyn G Mizell director 800 S HANLEY SUITE 8D, CLAYTON MO 63105
Manish H Shah director 9618 BOUCHAINE PASS, BRENTWOOD TN 37027
Mark G Barberio director 19 WIK STREET, WILLIAMSVILLE NY 14221
Vinod M Khilnani director 905 WEST BLVD NORTH, ELKHART IN 46514
Sharon M Brady director 3600 W. LAKE AVENUE, GLENVIEW IL 60026
William P Montague director
Atlee Valentine Pope director 3556 LAKE SHORE ROAD, P.O. BOX 2028, BUFFALO NY 14219
Craig A Hindman director ILLINOIS TOOL WORKS INC., 3600 WEST LAKE AVENUE, GLENVIEW IL 60026

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