GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Liquidity Services Inc (NAS:LQDT) » Definitions » Days Inventory
中文

Liquidity Services (Liquidity Services) Days Inventory

: 37.02 (As of Dec. 2023)
View and export this data going back to 2006. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Liquidity Services's Average Total Inventories for the three months ended in Dec. 2023 was $12.8 Mil. Liquidity Services's Cost of Goods Sold for the three months ended in Dec. 2023 was $31.5 Mil. Hence, Liquidity Services's Days Inventory for the three months ended in Dec. 2023 was 37.02.

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

LQDT' s Days Inventory Range Over the Past 10 Years
Min: 21.76   Med: 46.59   Max: 114.32
Current: 35.85

During the past 13 years, Liquidity Services's highest Days Inventory was 114.32. The lowest was 21.76. And the median was 46.59.

LQDT's Days Inventory is ranked better than
85.02% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.545 vs LQDT: 35.85

Liquidity Services's Days Inventory declined from Dec. 2022 (40.28) to Dec. 2023 (37.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Liquidity Services's Inventory Turnover for the three months ended in Dec. 2023 was 2.46.

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. Liquidity Services's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.


Liquidity Services Days Inventory Historical Data

The historical data trend for Liquidity Services'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.

Liquidity Services Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.45 21.76 30.63 36.91 29.23

Liquidity Services 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 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 40.28 35.78 36.07 30.85 37.02

Competitive Comparison

For the Internet Retail subindustry, Liquidity Services'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.


Liquidity Services Days Inventory Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Liquidity Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Liquidity Services's Days Inventory falls into.



Liquidity Services Days Inventory Calculation

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

Liquidity Services'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
=( (11.679 + 11.116) / 2 ) / 142.322*365
=11.3975 / 142.322*365
=29.23

Liquidity Services'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
=( (11.116 + 14.465) / 2 ) / 31.526*365 / 4
=12.7905 / 31.526*365 / 4
=37.02

* 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.


Liquidity Services  (NAS:LQDT) 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.

Liquidity Services's Inventory Turnover for the three months ended in Dec. 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.

Liquidity Services's Inventory to Revenue for the three months ended in Dec. 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.


Liquidity Services Days Inventory Related Terms

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


Liquidity Services (Liquidity Services) Business Description

Traded in Other Exchanges
Address
6931 Arlington Road, Suite 460, Bethesda, MD, USA, 20814
Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.
Executives
Steven Weiskircher officer: SVP & CTO 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Angrick William P Iii director, 10 percent owner, officer: Chairman of the Board and CEO C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Novelette Murray officer: Chief Human Resources Officer 6931 ARLINGTON ROAD SUITE 200, BETHESDA MD 20814
John Daunt officer: EVP & COO C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
George H Ellis director 2911 TURTLE CREEK BOULEVARD, SUITE 1100, DALLAS TX 75219
Jorge Celaya officer: EVP & Chief Financial Officer 1920 L STREET NW, 6TH FLOOR, WASHINGTON DC 20036
Katharin S Dyer director 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Thierno Amath Fall director 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Jaime Mateus-tique director, 10 percent owner, officer: President and Chief Op Officer 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Mark A Shaffer officer: VP, Gen. Counsel & Secretary C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Edward Kolodzieski director C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Nicholas Rozdilsky officer: Vice President, Marketing C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Sam Guzman officer: VP & Chief Accounting Officer C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Michael Lutz officer: VP, Human Resources C/O 6931 ARLINGTON ROAD, BETHESDA MD 20814