Days Inventory is also known as Days Sales of Inventory (DSI). WestRock Co's Average Total Inventories for the
three
months ended in Dec. 2023 was $2,361 Mil. WestRock Co's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3,861 Mil.
Hence, WestRock Co's Days Inventory for the
three
months ended in Dec. 2023 was 55.81.
The historical rank and industry rank for WestRock Co's Days Inventory or its related term are showing as below:
WRK'
s Days Inventory Range Over the Past 10 Years
Min: 45.09 Med: 50.97 Max: 56.66
Current: 55.07
During the past 13 years, WestRock Co's highest Days Inventory was 56.66. The lowest was 45.09. And the median was 50.97.
WRK's Days Inventory is ranked better than 75.75% of 367
companies
in the Packaging & Containers industry
Industry Median: 78.45
vs WRK: 55.07
WestRock Co's Days Inventory
increased
from Dec. 2022 (53.65) to Dec. 2023 (55.81).
It might indicate that WestRock Co's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
WestRock Co's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.64.
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.
WestRock Co's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.51.
WestRock Co Days Inventory Historical Data
The historical data trend for WestRock Co'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 WestRock Co's Days Inventory
For the Packaging & Containers subindustry, WestRock Co'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.
WestRock Co's Days Inventory Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, WestRock Co's Days Inventory distribution charts can be found below:
* The bar in red indicates where WestRock Co's Days Inventory falls into.
WestRock Co Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
WestRock Co's Days Inventory for the fiscal year that ended in Sep. 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.
WestRock Co (NYSE:WRK) 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.
WestRock Co'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.
WestRock Co'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.
WestRock Co Days Inventory Related Terms
Thank you for viewing the detailed overview of WestRock Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.
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