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Grand Banks Yachts (Grand Banks Yachts) Days Inventory : 75.12 (As of Dec. 2023)


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What is Grand Banks Yachts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grand Banks Yachts's Average Total Inventories for the six months ended in Dec. 2023 was $12.79 Mil. Grand Banks Yachts's Cost of Goods Sold for the six months ended in Dec. 2023 was $31.07 Mil. Hence, Grand Banks Yachts's Days Inventory for the six months ended in Dec. 2023 was 75.12.

The historical rank and industry rank for Grand Banks Yachts's Days Inventory or its related term are showing as below:

GBYLY' s Days Inventory Range Over the Past 10 Years
Min: 68.13   Med: 111.02   Max: 258.47
Current: 68.13

During the past 13 years, Grand Banks Yachts's highest Days Inventory was 258.47. The lowest was 68.13. And the median was 111.02.

GBYLY's Days Inventory is ranked worse than
61.77% of 667 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs GBYLY: 68.13

Grand Banks Yachts's Days Inventory increased from Dec. 2022 (66.49) to Dec. 2023 (75.12). It might indicate that Grand Banks Yachts's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grand Banks Yachts's Inventory Turnover for the six months ended in Dec. 2023 was 2.43.

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. Grand Banks Yachts's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.26.


Grand Banks Yachts Days Inventory Historical Data

The historical data trend for Grand Banks Yachts'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.

Grand Banks Yachts Days Inventory Chart

Grand Banks Yachts Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.49 108.42 85.38 99.13 76.39

Grand Banks Yachts Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 92.08 82.23 66.49 66.72 75.12

Competitive Comparison of Grand Banks Yachts's Days Inventory

For the Leisure subindustry, Grand Banks Yachts'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.


Grand Banks Yachts's Days Inventory Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Grand Banks Yachts's Days Inventory falls into.



Grand Banks Yachts Days Inventory Calculation

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

Grand Banks Yachts's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (10.538 + 13.523) / 2 ) / 57.485*365
=12.0305 / 57.485*365
=76.39

Grand Banks Yachts'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (13.523 + 12.05) / 2 ) / 31.066*365 / 2
=12.7865 / 31.066*365 / 2
=75.12

* 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.


Grand Banks Yachts  (OTCPK:GBYLY) 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.

Grand Banks Yachts's Inventory Turnover for the six 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.

Grand Banks Yachts's Inventory to Revenue for the six 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.


Grand Banks Yachts Days Inventory Related Terms

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


Grand Banks Yachts (Grand Banks Yachts) Business Description

Traded in Other Exchanges
Address
21 Bukit Batok Crescent, No. 06-74, Wcega Tower, Singapore, SGP, 658065
Grand Banks Yachts Ltd along with its subsidiaries is an investment holding company that is involved in manufacturing, selling and exporting luxury yachts overseas. The company has two segments: Manufacturing and Trading of Yachts and Others. Geographically the company exports its products to America, Europe, Australia, and Asia; out of which America generates maximum revenue for the company. It also provides hardware and other accessories for making yachts. Grand Banks 54, Grand Banks 60, Grand Banks 85, Eastbay 44 and Eastbay 60 are the company's product lines. The majority of the firm's revenue comes from the Manufacturing and Trading of Yachts segment.

Grand Banks Yachts (Grand Banks Yachts) Headlines

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