Johnson Outdoors (Johnson Outdoors) Days Inventory

: 281.22 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Johnson Outdoors's Average Total Inventories for the three months ended in Dec. 2023 was $264.4 Mil. Johnson Outdoors's Cost of Goods Sold for the three months ended in Dec. 2023 was $85.8 Mil. Hence, Johnson Outdoors's Days Inventory for the three months ended in Dec. 2023 was 281.22.

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

JOUT' s Days Inventory Range Over the Past 10 Years
Min: 96.3 Med: 105.75 Max: 234.37
Current: 234.37

During the past 13 years, Johnson Outdoors's highest Days Inventory was 234.37. The lowest was 96.30. And the median was 105.75.

JOUT's Days Inventory is ranked worse than
86.66% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs JOUT: 234.37

Johnson Outdoors's Days Inventory increased from Dec. 2022 (197.48) to Dec. 2023 (281.22). It might indicate that Johnson Outdoors's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Johnson Outdoors's Inventory Turnover for the three months ended in Dec. 2023 was 0.32.

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. Johnson Outdoors's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.91.

Johnson Outdoors Days Inventory Historical Data

The historical data trend for Johnson Outdoors'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.

Johnson Outdoors Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

106.91

106.29

115.42

160.56

221.79

Johnson Outdoors Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																197.48	175.69	196.63	333.36	281.22

Competitive Comparison

For the Leisure subindustry, Johnson Outdoors'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.

Johnson Outdoors Days Inventory Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Outdoors's Days Inventory distribution charts can be found below:

* The bar in red indicates where Johnson Outdoors's Days Inventory falls into.

Johnson Outdoors Days Inventory Calculation

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

Johnson Outdoors'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
=	( (248.649	+	261.474)	/	2 )	/	419.757	*	365
=	255.0615					/	419.757	*	365
=	221.79

Johnson Outdoors'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
=	( (261.474	+	267.321)	/	2 )	/	85.79	*	365 / 4
=	264.3975					/	85.79	*	365 / 4
=	281.22

Johnson Outdoors (NAS:JOUT) 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.

Johnson Outdoors's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	85.79	/	264.3975
	=	0.32

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.

Johnson Outdoors's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	264.3975	/	138.644
	=	1.91

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.

Johnson Outdoors Days Inventory Related Terms

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

Johnson Outdoors (Johnson Outdoors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Johnson Outdoors Inc (NAS:JOUT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 Main Street, Racine, WI, USA, 53403

Website

https://www.johnsonoutdoors.com

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products used for fishing from a boat, diving, paddling, hiking and camping. The company has four operating segment: Fishing, Camping, Watercraft Recreation, and Diving. It generates maximum revenue from the Fishing segment which produces and markets products under different brands such as Minn Kota electric motors for quiet trolling or primary propulsion, marine battery chargers and shallow water anchors; Humminbird sonar and GPS equipment for fish finding, navigation and marine cartography; and Cannon downriggers for controlled-depth fishing. Geographically, it derives a majority of revenue from the United States and also has a presence in Europe, Canada, and other regions.

Executives

David W Johnson	officer: VP and Chief Financial Officer	C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Jeffrey M Stutz	director	855 EAST MAIN, ZEELAND MI 49464
Fahey John M Jr	director	C/O NATINAL GEOGRAPHIC, 1146 17TH STREET NW, WASHINTON DC 20036
Liliann Annie Zipfel	director	555 MAIN STREET, RACINE WI 53403
Paul Garvin Alexander	director	2400 MASSACHUSETTS AVENUE, LEXINGTON MA 02421
Pyle Thomas F Jr	director	3500 CORBEN COURT, MADISON WI 53704
Edward F Lang	director	C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
Terry E London	director	100 PIER 1 PLACE, FORT WORTH TX 76102
Richard Case Sheahan	director	C/O JOHNSON OUTDOORS INC., 555 MAIN STREET, RACINE WI 53403
William D Perez	director
Edward A Stevens	director	555 MAIN STREET, RACINE WI 53403
Katherine Button Bell	director	10 PICARDY LANE, ST LOUIS MO 63124
Towerview Llc	10 percent owner	460 PARK AVENUE, NEW YORK NY 10022
Johnson Leipold Helen P	director, 10 percent owner, officer: Chairman and CEO	C/OJ/K MANAGEMENT SERVICES INC, 555 MAIN STREET, RACINE WI 53403-1015
Daniel R Tisch	10 percent owner	460 PARK AVENUE, NEW YORK NY 10022