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Brown & Brown (Brown & Brown) Days Inventory

: 0.00 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Brown & Brown's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Brown & Brown's Cost of Goods Sold for the three months ended in Dec. 2023 was $554 Mil. Hence, Brown & Brown's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BRO's Days Inventory is not ranked *
in the Insurance industry.
Industry Median: 8.14
* Ranked among companies with meaningful Days Inventory only.

Brown & Brown's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Brown & Brown's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Brown & Brown Days Inventory Historical Data

The historical data trend for Brown & Brown'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.

Brown & Brown Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Brown & Brown Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Insurance Brokers subindustry, Brown & Brown'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.


Brown & Brown Days Inventory Distribution

For the Insurance industry and Financial Services sector, Brown & Brown's Days Inventory distribution charts can be found below:

* The bar in red indicates where Brown & Brown's Days Inventory falls into.



Brown & Brown Days Inventory Calculation

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

Brown & Brown'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
=( (0 + 0) / 1 ) / 2186.6*365
=0 / 2186.6*365
=0.00

Brown & Brown'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
=( (0 + 0) / 1 ) / 553.7*365 / 4
=0 / 553.7*365 / 4
=0.00

* 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.


Brown & Brown  (NYSE:BRO) 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.

Brown & Brown'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.

Brown & Brown'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.


Brown & Brown Days Inventory Related Terms

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


Brown & Brown (Brown & Brown) Business Description

Traded in Other Exchanges
Address
300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
Executives
Stephen M Boyd officer: EVP/ Pres Wholesale Brokerage 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Paul J Krump director C/O CHUBB & SON, 15 MOUNTAIN VIEW RD P O BOX161, WARREN NJ 07061-1615
Proctor H Palmer Jr director
James Charles Hays director 100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Gellerstedt Lawrence L Iii director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert W Lloyd officer: VP & Chief Litigation Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Hugh M Brown director 3740 RANEY DRIVE, TITUSVILLE FL 32780
Nester Kenneth Gray Ii officer: EVP/Chief Information Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Julie Turpin officer: EVP/Chief People Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Chris L Walker officer: Regional Executive VP 220 S RIDGEWOOD AVE, DAYTONA BEACH FL 32114-4318
R. Andrew Watts officer: EVP, CFO and Treasurer 220 S. RIDGEWOOD AVE., DAYTONA BEACH FL 32114
P Barrett Brown officer: EVP and Pres.- Retail Segment 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Jerome Scott Penny officer: Regional Executive VP 300 N. BEACH STREET, DAYTONA BEACH FL 32114

Brown & Brown (Brown & Brown) Headlines

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