Wabash National (Wabash National) Days Inventory : 56.79 (As of Mar. 2024)

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What is Wabash National Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wabash National's Average Total Inventories for the three months ended in Mar. 2024 was $273 Mil. Wabash National's Cost of Goods Sold for the three months ended in Mar. 2024 was $439 Mil. Hence, Wabash National's Days Inventory for the three months ended in Mar. 2024 was 56.79.

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

WNC' s Days Inventory Range Over the Past 10 Years
Min: 33.59 Med: 39.59 Max: 57.32
Current: 57.32

During the past 13 years, Wabash National's highest Days Inventory was 57.32. The lowest was 33.59. And the median was 39.59.

WNC's Days Inventory is ranked better than
88.24% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 131.48 vs WNC: 57.32

Wabash National's Days Inventory increased from Mar. 2023 (50.56) to Mar. 2024 (56.79). It might indicate that Wabash National's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wabash National's Inventory Turnover for the three months ended in Mar. 2024 was 1.61.

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. Wabash National's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.

Wabash National Days Inventory Historical Data

The historical data trend for Wabash National'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.

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Wabash National Days Inventory Chart

Wabash National Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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33.67

48.40

45.59

40.32

45.80

Wabash National Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															50.56	56.06	61.45	57.23	56.79

Competitive Comparison of Wabash National's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Wabash National'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.

Wabash National's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Wabash National's Days Inventory distribution charts can be found below:

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

Wabash National Days Inventory Calculation

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

Wabash National'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
=	( (243.87	+	267.635)	/	2 )	/	2038.313	*	365
=	255.7525					/	2038.313	*	365
=	45.80

Wabash National's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (267.635	+	278.551)	/	2 )	/	438.83	*	365 / 4
=	273.093					/	438.83	*	365 / 4
=	56.79

Wabash National (NYSE:WNC) 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.

Wabash National's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	438.83	/	273.093
	=	1.61

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.

Wabash National's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	273.093	/	515.276
	=	0.53

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.

Wabash National Days Inventory Related Terms

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

Wabash National (Wabash National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wabash National Corp (NYSE:WNC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WA9:Germany

Address

3900 McCarty Lane, Lafayette, IN, USA, 47905

Website

https://ir.onewabash.com

Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse range of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.

Executives

Larry J Magee	director	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Mary Kristin Glazner	officer: SVP Chief HR Officer	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Michael N Pettit	officer: SVP - Group President, FMP	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Dustin T Smith	officer: SVP and Group President, CTP	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Kevin J Page	officer: SVP and Group President, DPG	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Brent L Yeagy	officer: Pres. of Commercial Trailer	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Sudhanshu Shekhar Priyadarshi	director	6425 HALL OF FAME LANE, FRISCO TX 75034
Trent Broberg	director	3900 MCCARTY LANE, LAFAYETTE IN 47905
John E Kunz	director	522 N. MACEWEN DRIVE, OSPREY FL 34229
John G. Boss	director	260 HUDSON RIVER ROAD, WATERFORD NY 12188
Therese M Bassett	director	2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Taylor Stuart A Ii	director
Andrew C Boynton	director	FULTON HALL 510, 140 COMMONWEALTH AVENUE, CHESTNUT HILL MA 02467
Melanie Margolin	officer: SVP and General Counsel	1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Richard J Giromini	officer: Senior Vice President - COO