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Brownie's Marine Group (Brownie's Marine Group) Days Inventory : 146.82 (As of Dec. 2023)


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What is Brownie's Marine Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brownie's Marine Group's Average Total Inventories for the three months ended in Dec. 2023 was $2.02 Mil. Brownie's Marine Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.26 Mil. Hence, Brownie's Marine Group's Days Inventory for the three months ended in Dec. 2023 was 146.82.

The historical rank and industry rank for Brownie's Marine Group's Days Inventory or its related term are showing as below:

BWMG' s Days Inventory Range Over the Past 10 Years
Min: 93.43   Med: 126.14   Max: 191.73
Current: 144.32

During the past 13 years, Brownie's Marine Group's highest Days Inventory was 191.73. The lowest was 93.43. And the median was 126.14.

BWMG's Days Inventory is ranked worse than
79.38% of 674 companies
in the Travel & Leisure industry
Industry Median: 35.91 vs BWMG: 144.32

Brownie's Marine Group's Days Inventory declined from Dec. 2022 (203.75) to Dec. 2023 (146.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Brownie's Marine Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. Brownie's Marine Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.27.


Brownie's Marine Group Days Inventory Historical Data

The historical data trend for Brownie's Marine Group'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.

Brownie's Marine Group Days Inventory Chart

Brownie's Marine Group 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 104.43 93.43 116.10 136.24 147.42

Brownie's Marine Group 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 203.75 172.74 137.32 123.59 146.82

Competitive Comparison of Brownie's Marine Group's Days Inventory

For the Leisure subindustry, Brownie's Marine Group'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.


Brownie's Marine Group's Days Inventory Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Brownie's Marine Group's Days Inventory falls into.



Brownie's Marine Group Days Inventory Calculation

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

Brownie's Marine Group'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
=( (2.422 + 1.999) / 2 ) / 5.473*365
=2.2105 / 5.473*365
=147.42

Brownie's Marine Group'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
=( (2.046 + 1.999) / 2 ) / 1.257*365 / 4
=2.0225 / 1.257*365 / 4
=146.82

* 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.


Brownie's Marine Group  (OTCPK:BWMG) 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.

Brownie's Marine Group'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.

Brownie's Marine Group'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.


Brownie's Marine Group Days Inventory Related Terms

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


Brownie's Marine Group (Brownie's Marine Group) Business Description

Traded in Other Exchanges
N/A
Address
3001 North West 25th Avenue, Suite 1, Pompano Beach, FL, USA, 33069
Brownie's Marine Group Inc designs, tests, manufactures, and distributes tankless dive systems, rescue air systems, and yacht-based self-contained underwater breathing apparatus air compressors and nitrox generation fill systems. The company has five operating segments; SSA Products sells recreational multi-diver surface-supplied air diving systems, High Pressure Gas Systems sells high-pressure air and industrial gas compressor packages, Ultra- Portable Tankless Dive Systems sells next-generation electric surface supply air diving systems and electric shallow dive systems, Redundant Air Tank Systems manufactures and distributes a line of high-pressure tanks and redundant air systems, and Guided Tour and Retail provides guided tours and operates a retail store for the diving community.
Executives
Alexander Fraser Purdon 10 percent owner 5205 SW 83 TERRACE, GAINESVILLE FL 32608
Mikkel Pitzner director 716 SE 8TH STREET, FT. LAUDERDALE FL 33316
Armstrong Grant Wesley Jr director 1002 WESTRIDGE ROAD, GREENSBORO NC 27410
Jeffrey William Morris 10 percent owner 2148 NE 24TH STREET, WILTON MANORS FL 33305
Joshua William Arvin 10 percent owner 1900 PURDY AVE TS4, MIAMI FL 33139
Robert M Carmichael officer: President and CEO 940 N.W. 1 STREET, FORT LAUDERDALE FL 33311