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Luxfer Holdings (Luxfer Holdings) Days Inventory : 118.75 (As of Mar. 2024)


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What is Luxfer Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luxfer Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $92.4 Mil. Luxfer Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $71.0 Mil. Hence, Luxfer Holdings's Days Inventory for the three months ended in Mar. 2024 was 118.75.

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

LXFR' s Days Inventory Range Over the Past 10 Years
Min: 90.34   Med: 107.04   Max: 124.25
Current: 124.25

During the past 13 years, Luxfer Holdings's highest Days Inventory was 124.25. The lowest was 90.34. And the median was 107.04.

LXFR's Days Inventory is ranked worse than
51.84% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs LXFR: 124.25

Luxfer Holdings's Days Inventory declined from Mar. 2023 (136.82) to Mar. 2024 (118.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Luxfer Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.77.

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. Luxfer Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.03.


Luxfer Holdings Days Inventory Historical Data

The historical data trend for Luxfer Holdings'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.

Luxfer Holdings Days Inventory Chart

Luxfer Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.85 109.54 104.54 112.03 115.04

Luxfer Holdings 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 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 136.82 131.64 126.24 118.50 118.75

Competitive Comparison of Luxfer Holdings's Days Inventory

For the Specialty Industrial Machinery subindustry, Luxfer Holdings'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.


Luxfer Holdings's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Luxfer Holdings's Days Inventory falls into.



Luxfer Holdings Days Inventory Calculation

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

Luxfer Holdings'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
=( (111.1 + 95.9) / 2 ) / 328.4*365
=103.5 / 328.4*365
=115.04

Luxfer Holdings'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
=( (95.9 + 88.9) / 2 ) / 71*365 / 4
=92.4 / 71*365 / 4
=118.75

* 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.


Luxfer Holdings  (NYSE:LXFR) 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.

Luxfer Holdings's Inventory Turnover for the three months ended in Mar. 2024 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.

Luxfer Holdings's Inventory to Revenue for the three months ended in Mar. 2024 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.


Luxfer Holdings Days Inventory Related Terms

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


Luxfer Holdings (Luxfer Holdings) Business Description

Traded in Other Exchanges
Address
8989 North Port Washington Road, Suite 211, Milwaukee, WI, USA, 53217
Luxfer Holdings PLC is a global manufacturer of highly-engineered industrial materials which focuses on value creation by using its broad array of technical know-how and proprietary technologies. Its high-performance materials, components and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation and general industrial applications. It focuses primarily on product lines related to magnesium alloys, zirconium chemicals and carbon composites. Its product areas, include magnesium aerospace alloys, photo-engraving plates, zirconium chemicals for automotive catalytic converters and high-pressure composite cylinders for breathing applications and a wide variety of other uses. Its segments are Elektron and Gas Cylinders.
Executives
Stephen Webster officer: Group Financial Controller LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Andrew Butcher officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Patrick K Mullen director LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Howard Ioan Mead officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Mark James Lawday officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Sylvia Ann Stein director 1500 DEKOVEN AVE., RACINE WI 53403
Jeffrey C. Moorefield officer: See Remarks C/O LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Mark Chivers officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
David Landless director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Graham Wardlow officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
James Gardella officer: President, Luxfer Magtech LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Megan Elizabeth Glise officer: Associate General Counsel LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara director, officer: Chief Executive Officer 2140 LAKE PARK BLVD, RICHARDSON TX 75080

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