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Circor International (Circor International) Days Inventory : 105.40 (As of Jun. 2023)


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What is Circor International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Circor International's Average Total Inventories for the three months ended in Jun. 2023 was $162.0 Mil. Circor International's Cost of Goods Sold for the three months ended in Jun. 2023 was $140.2 Mil. Hence, Circor International's Days Inventory for the three months ended in Jun. 2023 was 105.40.

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

CIR' s Days Inventory Range Over the Past 10 Years
Min: 78.08   Med: 111.29   Max: 216.31
Current: 100.24

During the past 13 years, Circor International's highest Days Inventory was 216.31. The lowest was 78.08. And the median was 111.29.

CIR's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 120.69 vs CIR: 100.24

Circor International's Days Inventory increased from Jun. 2022 (92.09) to Jun. 2023 (105.40). It might indicate that Circor International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Circor International's Inventory Turnover for the three months ended in Jun. 2023 was 0.87.

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. Circor International's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.78.


Circor International Days Inventory Historical Data

The historical data trend for Circor International'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.

Circor International Days Inventory Chart

Circor International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.03 78.08 90.87 86.86 90.63

Circor International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 92.09 96.74 91.53 104.93 105.40

Competitive Comparison of Circor International's Days Inventory

For the Specialty Industrial Machinery subindustry, Circor International'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.


Circor International's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Circor International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Circor International's Days Inventory falls into.



Circor International Days Inventory Calculation

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

Circor International's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (123.343 + 139.786) / 2 ) / 529.832*365
=131.5645 / 529.832*365
=90.63

Circor International's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (156.967 + 166.955) / 2 ) / 140.224*365 / 4
=161.961 / 140.224*365 / 4
=105.40

* 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.


Circor International  (NYSE:CIR) 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.

Circor International's Inventory Turnover for the three months ended in Jun. 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.

Circor International's Inventory to Revenue for the three months ended in Jun. 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.


Circor International Days Inventory Related Terms

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


Circor International (Circor International) Business Description

Traded in Other Exchanges
N/A
Address
30 Corporate Drive, Suite 200, Burlington, MA, USA, 01803-4238
Circor International Inc. designs manufactures, and markets differentiated technology products and sub-systems. It has two reportable business segments: aerospace & defense and industrial. Circor primarily delivers flow control products and services to original equipment manufacturers (OEMs) and engineering, procurement, and construction (EPC) companies worldwide. Some of its products include positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. While Circor serves diverse geographical segments, most of the company sales are generated in the United States, with valves and pumps under its industrial segment contributing the most to the company's profit.
Executives
Forrest Tiedeman officer: Vice President, Treasury & Tax C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Tony S. Najjar director, officer: President and CEO C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Helmuth Ludwig director CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Arjun Sharma officer: CFO and SVP Bus Development 50 PARK ROW WEST, PROVIDENCE RI 02903
John A Odonnell director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Jessica Wiley Wenzell officer: SVP, General Counsel & CPO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Jill D. Smith director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Losak Joseph C. Ii officer: VP Finance, Controller, PAO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
George Arthur L Jr director 12500 TI BOULEVARD, MS 8476, DALLAS TX 75243
Sumit Mehrotra officer: Group Pres, Adv Flow Solutions CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Tanya Dawkins officer: Director and Treasurer CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Amit Goel officer: VP Finance, Corp. Controller 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803