The AZEK Co (The AZEK Co) Days Inventory : 147.78 (As of Dec. 2023)

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What is The AZEK Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The AZEK Co's Average Total Inventories for the three months ended in Dec. 2023 was $241 Mil. The AZEK Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $149 Mil. Hence, The AZEK Co's Days Inventory for the three months ended in Dec. 2023 was 147.78.

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

AZEK' s Days Inventory Range Over the Past 10 Years
Min: 73.77 Med: 80.36 Max: 102.01
Current: 102.01

During the past 6 years, The AZEK Co's highest Days Inventory was 102.01. The lowest was 73.77. And the median was 80.36.

AZEK's Days Inventory is ranked worse than
71.09% of 1394 companies
in the Construction industry
Industry Median: 48.6 vs AZEK: 102.01

The AZEK Co's Days Inventory declined from Dec. 2022 (167.91) to Dec. 2023 (147.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. The AZEK Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. The AZEK Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.00.

The AZEK Co Days Inventory Historical Data

The historical data trend for The AZEK 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.

* Premium members only.

The AZEK Co Days Inventory Chart

The AZEK Co Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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76.34

74.26

73.77

94.27

101.95

The AZEK Co 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															167.91	96.81	84.39	84.41	147.78

Competitive Comparison of The AZEK Co's Days Inventory

For the Building Products & Equipment subindustry, The AZEK 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.

The AZEK Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, The AZEK Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The AZEK Co's Days Inventory falls into.

The AZEK Co Days Inventory Calculation

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

The AZEK Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (299.905	+	221.101)	/	2 )	/	932.663	*	365
=	260.503					/	932.663	*	365
=	101.95

The AZEK Co'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
=	( (221.101	+	261.562)	/	2 )	/	149.011	*	365 / 4
=	241.3315					/	149.011	*	365 / 4
=	147.78

The AZEK Co (NYSE:AZEK) 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.

The AZEK Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	149.011	/	241.3315
	=	0.62

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.

The AZEK Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	241.3315	/	240.444
	=	1.00

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.

The AZEK Co Days Inventory Related Terms

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

The AZEK Co (The AZEK Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » The AZEK Co Inc (NYSE:AZEK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

4N1:Germany 4N1:Germany

Address

1330 W Fulton Street, Suite 350, Chicago, IL, USA, 60607

Website

https://www.azekco.com

The AZEK Co Inc is a designer and manufacturer of beautiful, low maintenance and environmentally sustainable products focused on the fast-growing Outdoor Living market. Its portfolio of products includes decks, rail, trim, outdoor furniture among others. The company operates in two segments which are Residential and Commercial. It generates maximum revenue from the Residential segment. The company's brand includes TimberTech; AZEK; Versatex, Ultralox, StruXure, and Intex.

Executives

Jesse G Singh	director, officer: CEO and President	16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Jonathan Skelly	officer: See Remarks	1330 W. FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Samara Toole	officer: Chief Marketing Officer	1330 W FULTON STREET, SUITE 350, CHICAGO IL 60607
Randy Herth	officer: Chief Accounting Officer	1330 W. FULTON ST., SUITE 350, CHICAGO IL 60607
Harmit J Singh	director	71 SOUTH WACKER DRIVE, 12TH FLOOR, CHICAGO IL 60606
Pamela J Edwards	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Ares Corporate Opportunities Fund Iv, L.p.	director, 10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ontario Teachers Pension Plan Board	director, 10 percent owner	5650 YONGE STREET, TORONTO A6 M2M 4H5
Christopher Latkovic	officer: SVP, Operations	1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Gary E Hendrickson	director	1101 THIRD STREET SOUTH, MINNEAPOLIS MN 55415
Vernon J Nagel	director	1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Sandra Lamartine	officer: CHRO	1330 WEST FULTON MARKET STREET, SUITE 350, CHICAGO IL 60607
Peter G Clifford	officer: CFO	40 TOURNAMENT DRIVE SOUTH, HAWTHORN WOODS IL 60047
Brian Spaly	director	250 COROMAR DRIVE, GOLETA CA 93117
Paul J. Kardish	officer: Chief Legal Officer	ORION ENERGY SYSTEMS, INC., 2210 WOODLAND DRIVE, MANITOWOC WI 54220