Days Inventory is also known as Days Sales of Inventory (DSI). Regal Rexnord's Average Total Inventories for the
three
months ended in Dec. 2023 was $1,289 Mil. Regal Rexnord's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1,045 Mil.
Hence, Regal Rexnord's Days Inventory for the
three
months ended in Dec. 2023 was 112.51.
The historical rank and industry rank for Regal Rexnord's Days Inventory or its related term are showing as below:
RRX'
s Days Inventory Range Over the Past 10 Years
Min: 97.22 Med: 111.02 Max: 130.09
Current: 126.03
During the past 13 years, Regal Rexnord's highest Days Inventory was 130.09. The lowest was 97.22. And the median was 111.02.
RRX's Days Inventory is ranked worse than 52.56% of 2905
companies
in the Industrial Products industry
Industry Median: 119.85
vs RRX: 126.03
Regal Rexnord's Days Inventory
declined
from Dec. 2022 (146.90) to Dec. 2023 (112.51).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Regal Rexnord's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.81.
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.
Regal Rexnord's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.80.
Regal Rexnord Days Inventory Historical Data
The historical data trend for Regal Rexnord'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 Regal Rexnord's Days Inventory
For the Specialty Industrial Machinery subindustry, Regal Rexnord'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.
Regal Rexnord's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Regal Rexnord's Days Inventory distribution charts can be found below:
* The bar in red indicates where Regal Rexnord's Days Inventory falls into.
Regal Rexnord Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Regal Rexnord'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.
Regal Rexnord (NYSE:RRX) 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.
Regal Rexnord'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.
Regal Rexnord'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.
Regal Rexnord Days Inventory Related Terms
Thank you for viewing the detailed overview of Regal Rexnord's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Regal Rexnord (Regal Rexnord) Business Description
Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions and Motion Control Solutions.
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