Decker Manufacturing (Decker Manufacturing) Days Inventory : 348.77 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is Decker Manufacturing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Decker Manufacturing's Average Total Inventories for the three months ended in Sep. 2023 was $11.13 Mil. Decker Manufacturing's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.91 Mil. Hence, Decker Manufacturing's Days Inventory for the three months ended in Sep. 2023 was 348.77.

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

DMFG' s Days Inventory Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1395.09
Current: 1395.09

During the past 0 years, Decker Manufacturing's highest Days Inventory was 1395.09. The lowest was 0.00. And the median was 0.00.

DMFG's Days Inventory is ranked worse than
99.48% of 2909 companies
in the Industrial Products industry
Industry Median: 120.85 vs DMFG: 1395.09

Decker Manufacturing's Days Inventory increased from . 20 (0.00) to Sep. 2023 (348.77). It might indicate that Decker Manufacturing's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Decker Manufacturing's Inventory Turnover for the three months ended in Sep. 2023 was 0.26.

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. Decker Manufacturing's Inventory-to-Revenue for the three months ended in Sep. 2023 was 2.81.

Decker Manufacturing Days Inventory Historical Data

The historical data trend for Decker Manufacturing'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.

Decker Manufacturing Days Inventory Chart

Decker Manufacturing Annual Data

Trend

Days Inventory

Decker Manufacturing Quarterly Data
	Sep22	Sep23
Days Inventory	-	348.77

Competitive Comparison of Decker Manufacturing's Days Inventory

For the Tools & Accessories subindustry, Decker Manufacturing'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.

Decker Manufacturing's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Decker Manufacturing's Days Inventory falls into.

Decker Manufacturing Days Inventory Calculation

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

Decker Manufacturing's Days Inventory for the fiscal year that ended in . 20 is calculated as

	Days Inventory (A: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Decker Manufacturing's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	11.134)	/	1 )	/	2.913	*	365 / 4
=	11.134					/	2.913	*	365 / 4
=	348.77

Decker Manufacturing (OTCPK:DMFG) 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.

Decker Manufacturing's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.913	/	11.134
	=	0.26

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.

Decker Manufacturing's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.134	/	3.956
	=	2.81

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.

Decker Manufacturing Days Inventory Related Terms

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

Decker Manufacturing (Decker Manufacturing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Decker Manufacturing Corp (OTCPK:DMFG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

703 North Clark Street, Albion, MI, USA, 49224

Website

https://www.deckernut.com

Decker Manufacturing Corp is engaged in supplying high-quality fasteners to the automotive, farm implement, highway, and construction industries. Its products include hex nuts, weld nuts, pipe plugs, and other industrial fasteners.

Decker Manufacturing (Decker Manufacturing) Headlines

No Headlines